Motorcycles and cycles in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $272M in Motorcycles and cycles, making it the 21st largest exporter of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 233rd most exported product in Canada. The main destination of Motorcycles and cycles exports from Canada are: United States ($187M), Belgium ($44M), China ($8M), Australia ($4.39M), and Japan ($3.22M).

The fastest growing export markets for Motorcycles and cycles of Canada between 2021 and 2022 were United States ($52M), Belgium ($2.35M), and Israel ($1.21M).

Imports In 2022, Canada imported $954M in Motorcycles and cycles, becoming the 11th largest importer of Motorcycles and cycles in the world. At the same year, Motorcycles and cycles was the 130th most imported product in Canada. Canada imports Motorcycles and cycles primarily from: China ($292M), United States ($229M), Japan ($97.9M), Austria ($62.7M), and Thailand ($57.1M).

The fastest growing import markets in Motorcycles and cycles for Canada between 2021 and 2022 were United States ($54.3M), China ($40.8M), and Austria ($19.8M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Motorcycles and cycles from Canada to the United States.

Latest Trends

January 2024

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Overview In January 2024 Canada's Motorcycles and cycles exports accounted up to C$32M and imports accounted up to C$74.2M, resulting in a negative trade balance of C$42.2M. Between January 2023 and January 2024 the exports of Canada's Motorcycles and cycles have increased by C$24.7M (340%) from C$7.27M to C$32M, while imports decreased by C$-5.07M (-6.4%) from C$79.3M to C$74.2M.

Destinations In January 2024, Motorcycles and cycles were exported mostly to United States (C$30.4M), South Korea (C$797k), Netherlands (C$138k), Mexico (C$135k), and United Arab Emirates (C$76.9k), and were imported mostly from United States (C$22.2M), Japan (C$13.6M), China (C$12.2M), Thailand (C$8.72M), and Taiwan (C$4.63M).

Growth In January 2024, the increase in Motorcycles and cycles's year-by-year exports was explained primarily by an increase in exports to Spain (C$3.78M or 156k%), United States (C$836k or 127%), and Poland (C$191k or 132%). In January 2024, the decrease in Motorcycles and cycles's year-by-year imports was explained primarily by a decrease in imports from China (C$-15.3M or -47.7%), Mexico (C$-1.12M or -89.5%), and France (C$-875k or -83.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)C$24.7M(340%)

IMPORT GROWTH (January 2023 - January 2024)C$-5.07M(-6.4%)

MAIN EXPORTER (January 2024)QuebecC$31.4M

MAIN DESTINATION (January 2024)United StatesC$30.4M

This section shows Motorcycles and cycles's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Motorcycles and cycles over time.

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