Canada | Imports and Exports | World | Parts and accessories of the motor vehicles of headings 8701 to 8705 | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Canada totalled $ 13.4 billion in 2023. Sales of commodity group 8708 from Canada went up by 5.03% compared to 2022: exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" went up by $ 643 million (cumulative exports of commodity group 8708 from Canada amounted $12.7 billion in 2022)
Exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" amounted to 2.36% of total exports from Canada (cumulative merchandise exports from Canada totalled $ 566 billion in 2023). The share of commodity group 8708 in total exports from Canada increased by 0.226 p.p. compared to 2022 (it was 2.14% in 2022 and cumulative exports from Canada were equal to $ 596 billion).
Exports of commodity group 8708 amounted to 21% of total sales of group "" from Canada in 2023 (the value of exports of commodity group from Canada amounted to $63 billion in 2023). The share of exports of commodity group 8708 in sales of commodity group from Canada lowered by 4.34 p.p. compared to 2022 (it was 25% in 2022, and exports of commodity group from Canada were $50 billion).
Where does Canada export Parts and accessories of the motor vehicles of headings 87.01 to 87.05?
Top export destinations of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Canada in 2023:
- USA with a share of 90% (12.1 billion US$)
- Mexico with a share of 6.99% (938 million US$)
- Finland - 39 million US$
- China - 32 million US$
- Australia - 30 million US$
- Germany - 27 million US$
- Belgium - 21 million US$
- United Kingdom - 13.9 million US$
- United Arab Emirates - 9.11 million US$
- Brazil - 8.05 million US$
Exports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - from Canada in 2023 represented by the following main commodity groups:
- 40% (5.38 billion US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 19.8% (2.65 billion US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 11.1% (1.49 billion US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 7.13% (957 million US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 4.87% (654 million US$): 870893 - Vehicle parts; clutches and parts thereof
- 3.4% (457 million US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 2.61% (350 million US$): 870810 - Bumpers & parts thereof of the motor vehicles of 87.01-87.05
- 2.57% (345 million US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
- 1.55% (208 million US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 1.55% (208 million US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
The value of imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" to Canada totalled $ 20 billion in 2023. Sales of commodity group 8708 to Canada went up by 19.4% compared to 2022: imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" went up by $ 3.3 billion (the value of imports of commodity group 8708 to Canada was equal to $16.9 billion in 2022)
Imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" accounted for 3.62% of total import flow to Canada (in 2023, total imports to Canada amounted to $ 558 billion). The share of commodity group 8708 in total imports to Canada increased by 0.651 p.p. compared to 2022 (it was 2.97% in 2022 and cumulative imports to Canada were equal to $ 569 billion).
Imports of commodity group 8708 reached 22% of total imports of group "" to Canada in 2023 (imports of commodity group to Canada totalled $91 billion in 2023). The share of purchases of commodity group 8708 in total imports of commodity group to Canada increased by 1 p.p. compared to 2022 (it was 21% in 2022, and imports of commodity group to Canada accounted for $80 billion).
Where does Canada import Parts and accessories of the motor vehicles of headings 87.01 to 87.05 from?
Top trading partners (import of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05") of Canada in 2023:
- USA with a share of 67% (13.6 billion US$)
- Mexico with a share of 9.74% (1.97 billion US$)
- China with a share of 8.72% (1.76 billion US$)
- Japan with a share of 4.63% (937 million US$)
- Germany with a share of 2.04% (414 million US$)
- Korea with a share of 1.53% (311 million US$)
- India with a share of 1.01% (204 million US$)
- Other Asia, nes - 161 million US$
- Canada - 149 million US$
- Italy - 79 million US$
Imports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - to Canada in 2023 represented by the following main commodity groups:
- 23% (4.82 billion US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 21% (4.34 billion US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 13.6% (2.76 billion US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 7.12% (1.44 billion US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 6.35% (1.28 billion US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 5.16% (1.04 billion US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 4.34% (879 million US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
- 2.21% (447 million US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
- 1.85% (374 million US$): 870810 - Bumpers & parts thereof of the motor vehicles of 87.01-87.05
- 1.82% (369 million US$): 870893 - Vehicle parts; clutches and parts thereof
