Vehicles Export of Canada: The Trade Overview of 2024

Vehicles, the machines manufactured for the transport of goods and people across different regions, are a specified globally traded commodity. The higher demand worldwide and the lack of industrial capacity in specific regions, along with the abundance of production in countries like Germany and Japan, have maintained continuity in the global interchange trade of vehicles. The higher economic value and technological specialization have maintained continuity in the global export. Canada Import Data says, the country in North America, bordered by the United States and the Pacific Ocean in the South and West, have gradually emerged as a substantial contributor to the worldwide vehicle export trade market with the elimination of EU tariffs and the high export propensity.

The skilled labor force in automotive manufacturing and the integration with the United States has resulted in an export trade value of vehicles from Canada worth 98 billion US dollars in 2024. The Investment and Centre for Green Vehicle Production and the Government Consultation on Production of EV Supply Chains have increased the export revenue. Subscribe to Import Globals, the leading Canada import export trade provider, to stay updated with the latest information regarding the vehicle export of Canada in 2024 via the Canada trade data.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF VEHICLES FROM CANADA IN 2024

The EV Supply Chain Investment Tax Credit has encouraged investment in domestic electric vehicle manufacturing. It has strengthened the export capacity while maintaining alignment with the global demand rates. The 100% tax on Chinese-made electronic vehicles has helped the domestic authorities maintain local production while boosting export competitiveness. 

The 30-day consultation on Chinese EV import practices has safeguarded the domestic EV industry. The Project Aero 2.0 funding has promoted the Canadian components in export markets. The ZEV program eligibility restrictions have boosted the production of export-friendly high-standard vehicles. 

THE LEADING VARIANTS OF VEHICLES EXPORTED FROM CANADA IN 2024

The integration with the global trade alignment and the high productivity in auto plants has resulted in diversification in the global trade output. According to the Canada Export Data, the top 10 leading variants of vehicles exported from the nation in 2024 are,

  • Passenger cars – The annual valuation of Passenger cars exported from Canada in 2024 – 21 billion US dollars
  • Light trucks (spark‑ignition) – The annual valuation of Light trucks (spark‑ignition) exported from Canada in 2024 – 18 billion US dollars
  • Light trucks (diesel) – The annual valuation of Light trucks (diesel) exported from Canada in 2024 – 12 billion US dollars
  • Medium/heavy trucks (diesel) – The annual valuation of Medium/heavy trucks (diesel) exported from Canada in 2024 – 10 billion US dollars
  • Automobiles, other spark‑ignition– The annual valuation of Automobiles, other spark‑ignition exported from Canada in 2024 – 8 billion US dollars
  • Motor vehicles – The annual valuation of Motor vehicles exported from Canada in 2024 – 6 billion US dollars
  • Commercial cargo trucks– The annual valuation of Commercial cargo trucks exported from Canada in 2024 – 5 billion US dollars
  • Buses/coaches – The annual valuation of Buses/coaches exported from Canada in 2024 – 4 billion US dollars
  • Vehicle seats (exported separately) – The annual valuation of Vehicle seats (exported separately) exported from Canada in 2024 – 3 billion US dollars
  • Passenger car sedans – The annual valuation of Passenger car sedans exported from Canada in 2024 – 2 billion US dollars

TOP 10 EXPORT TRADE PARTNERS OF CANADA IN 2024

The robust parts of the export system and the low-cost renewable electricity in severe regions of Canada have benefited the bilateral relationship with the top-most importing regions. According to the Canada Customs Data, the top 10 export trade partners of the nation for vehicles exported in 2024 are,

  • United States – The total valuation of vehicles exported from Canada to the United States in 2024 – 19 billion US dollars
  • Top 5 variants of vehicles exported
    • Yacht
    • Sailboat
    • Motorboat
    • Speedboat
    • Jet ski / personal watercraft
  • China – The total valuation of vehicles exported from Canada to China in 2024 – 15 billion US dollars
  • Top 5 variants of vehicles exported
    • Road roller
    • Street sweeper
    • Tractor-trailer (semi-truck)
    • Articulated lorry
    • Container ship
  • United Kingdom – The total valuation of vehicles exported from Canada to the United Kingdom in 2024 – 12 billion US dollars
  • Top 5 variants of vehicles exported
    • Bulldozer
    • Excavator
    • Backhoe loader
    • Crane (mobile)
    • Telehandler
  • Japan – The total valuation of vehicles exported from Canada to Japan in 2024 – 10 billion US dollars
  • Top 5 variants of vehicles exported
    • Recumbent bike
    • Rickshaw (pedicab)
    • Tuk-tuk / auto rickshaw
    • Snowmobile
    • Tractor
  • Mexico – The total valuation of vehicles exported from Canada to Mexico in 2024 – 8 billion US dollars
  • Top 5 variants of vehicles exported
    • Electric motorcycle
    • Trike (three-wheeler)
    • Quad bike / ATV
    • Bicycle
    • Electric bicycle (e‑bike)
  • South Korea – The total valuation of vehicles exported from Canada to South Korea in 2024 – 6.54 billion US dollars
  • Top 5 variants of vehicles exported
    • Scooter
    • Moped
    • Dirt bike
    • Sport bike
    • Touring motorcycle
  • Netherlands – The total valuation of vehicles exported from Canada to the Netherlands in 2024 – 5.21 billion US dollars
  • Top 5 variants of vehicles exported
    • Main Battle Tank
    • Armored Personnel Carrier (APC)
    • Light utility vehicle (e.g., UTV)
    • Golf cart
    • Motorcycle
  • Germany – The total valuation of vehicles exported from Canada to Germany in 2024 – 4.76 billion US dollars
  • Top 5 variants of vehicles exported
    • Ambulance
    • School bus
    • Transit bus
    • Double-decker bus
    • Coach/charter bus
  • Switzerland – The total valuation of vehicles exported from Canada to Switzerland in 2024 – 3.29 billion US dollars
  • Top 5 variants of vehicles exported
    • Flatbed truck
    • Tow truck
    • Dump truck
    • Refrigerated truck
    • Tanker truck
  • India – The total valuation of vehicles exported from Canada to India in 2024 – 2.91 billion US dollars
  • Top 5 variants of vehicles exported
    • Minivan / MPV
    • Pickup truck
    • Van (cargo)
    • Panel van
    • Box truck

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