Work Trucks in Canada | The Observatory of Economic Complexity

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Exports In 2022, Canada exported $50.6M in Work Trucks, making it the 8th largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 494th most exported product in Canada. The main destination of Work Trucks exports from Canada are: United States ($33.8M), Greenland ($5.49M), Cuba ($3.07M), Iceland ($2.69M), and Mexico ($795k).

The fastest growing export markets for Work Trucks of Canada between 2021 and 2022 were Greenland ($5.49M), United States ($4.33M), and Iceland ($2.69M).

Imports In 2022, Canada imported $75.9M in Work Trucks, becoming the 6th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 623rd most imported product in Canada. Canada imports Work Trucks primarily from: United States ($52.8M), China ($7.9M), Germany ($4.01M), France ($2.82M), and Japan ($1.51M).

The fastest growing import markets in Work Trucks for Canada between 2021 and 2022 were United States ($22M), China ($4.61M), and Germany ($3.54M).

COMPANIES In 2023, leading companies such as NCL (BAHAMAS) LTD (1) were at the forefront of shipping Work Trucks from Canada to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Canada's Work Trucks exports accounted up to C$6.4M and imports accounted up to C$12.4M, resulting in a negative trade balance of C$6.01M. Between February 2023 and February 2024 the exports of Canada's Work Trucks have increased by C$1.64M (34.3%) from C$4.76M to C$6.4M, while imports increased by C$6.05M (95.1%) from C$6.36M to C$12.4M.

Destinations In February 2024, Work Trucks were exported mostly to United States (C$4.19M), Belgium (C$1.89M), Australia (C$228k), France (C$45.5k), and Ghana (C$15k), and were imported mostly from United States (C$9.62M), China (C$1.59M), France (C$464k), Japan (C$365k), and Belgium (C$121k).

Growth In February 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to United States (C$1.86M or 149%). In February 2024, the increase in Work Trucks's year-by-year imports was explained primarily by an increase in imports from China (C$2.67M or 1.32k%), United States (C$1.79M or 53.4%), and Germany (C$967k or 7.11k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)C$1.64M(34.3%)

IMPORT GROWTH (February 2023 - February 2024)C$6.05M(95.1%)

MAIN EXPORTER (February 2024)QuebecC$5.98M

MAIN DESTINATION (February 2024)United StatesC$4.19M

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$50.6M

IMPORTS (2022)$75.9M

NET TRADE (2022)-$25.3M

In 2022, Canada exported $50.6M in Work Trucks. The main destinations of Canada exports on Work Trucks were United States ($33.8M), Greenland ($5.49M), Cuba ($3.07M), Iceland ($2.69M), and Mexico ($795k).

In 2022, Canada imported $75.9M in Work Trucks, mainly from United States ($52.8M), China ($7.9M), Germany ($4.01M), France ($2.82M), and Japan ($1.51M).

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