Tanks and Armored vehicles in   Canada

Overview In August 2024 Canada's Tanks and Armored vehicles exports accounted up to C$104M and imports accounted up to C$20.8M, resulting in a positive trade balance of C$83.5M. Between August 2023 and August 2024 the exports of Canada's   Tanks and Armored vehicles have increased by C$33M (46.3%) from C$71.3M to C$104M, while imports decreased by C$-1.87M (-8.25%) from C$22.7M to C$20.8M.

Destinations In August 2024, Tanks and Armored vehicles were exported mostly to Saudi Arabia (C$68.3M), United States (C$24.8M), Mexico (C$3.64M), Germany (C$2M), and Lebanon (C$1.95M), and were imported mostly from Switzerland (C$9.12M), United States (C$6.39M), Germany (C$1.47M), Japan (C$1.16M), and France (C$963k).

Growth In August 2024, the increase in Tanks and Armored vehicles's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (C$35.5M or 42.7%), United States (C$8.1M or 57.1%), and Singapore (C$1.07M or 280%). In August 2024, the decrease in Tanks and Armored vehicles's year-by-year imports was explained primarily by a decrease in imports from Switzerland (C$-1.9M or -31.5%), United Kingdom (C$-231k or -90.4%), and Germany (C$-184k or -8.39%).