2022
Exports
$199MWorld Rnk 16 / 167
Flag Rnk 279 / 1210
2022
PRODUCT COMPLEXITY IN Recreational Boats
0.3Rnk 445 / 1025
2022
Imports
$1.13BWorld Rnk 3 / 217
Flag Rnk 104 / 1213
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $199M in Recreational Boats, making it the 16th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 279th most exported product in Canada. The main destination of Recreational Boats exports from Canada are: United States ($175M), Kuwait ($5.77M), Canada ($2.87M), United Kingdom ($2.54M), and New Zealand ($1.24M).

The fastest growing export markets for Recreational Boats of Canada between 2021 and 2022 were Kuwait ($5.16M), Chile ($716k), and New Zealand ($610k).

Imports In 2022, Canada imported $1.13B in Recreational Boats, becoming the 3rd largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 104th most imported product in Canada. Canada imports Recreational Boats primarily from: United States ($813M), Mexico ($103M), Italy ($56.1M), China ($36.4M), and France ($25.3M).

The fastest growing import markets in Recreational Boats for Canada between 2021 and 2022 were United States ($35.8M), Italy ($29.5M), and France ($12.1M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-248k(-1.21%)
IMPORT GROWTH (June 2023 - June 2024)C$-46.1M(-31%)
MAIN EXPORTER (June 2024)British ColumbiaC$73.8M
MAIN DESTINATION (June 2024)United StatesC$19.6M

This section shows Recreational Boats'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 Recreational Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$199M
IMPORTS (2022)$1.13B
NET TRADE (2022)-$927M

In 2022, Canada exported $199M in Recreational Boats. The main destinations of Canada exports on Recreational Boats were United States ($175M), Kuwait ($5.77M), Canada ($2.87M), United Kingdom ($2.54M), and New Zealand ($1.24M).

In 2022, Canada imported $1.13B in Recreational Boats, mainly from United States ($813M), Mexico ($103M), Italy ($56.1M), China ($36.4M), and France ($25.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Kuwait$5.16M (840%)
Chile$716k (2.78k%)
New Zealand$610k (96%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Canada WERE (2021 - 2022):
United States-$65.9M (-27.4%)
Belgium-$3.19M (-96.7%)
Canada-$2.66M (-48.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Recreational Boats were:
In 2022, Canada's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $48.5M
TOP IMPORT POTENTIALItaly+ $15M

Recreational Boats’s highest export potential is United States. With an export gap of $48.5M.   Recreational Boats’s highest import potential is Italy with an import gap of $15M.

See methodology.

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