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Automotive Parts and Services Equipment
A Top Export Prospect for Canada

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Overview

Canada represents the second largest automotive market in North America. There were an estimated 1.59 million units (cars and light trucks) sold in Canada during 2011, an increase of 1.8 percent from the previous year.

Canadian automotive imports totaled over $35 billion in 2011. 61 percent of these imports came from the United States. Canada imported an estimated $7 billion of automotive aftermarket products in 2011.

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Sub-Sector Best Prospects

  • Motor Vehicle Electric and Electronic Equipment: $2.9 billion (up 17 percent from 2010)
  • Motor Vehicle Body and Trailer: $2.8 billion (up 13 percent from 2010)
  • Motor Vehicle Steering and Suspension Components: $2.4 billion (up 8 percent from 2010)

(Market figures are annualized values from the Jan. – Nov. time period and Dec. of the previous year.)

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Opportunities

  • Canadian automotive manufacturers supply approximately 20 percent of the North American market.
  • The new U.S. light vehicles market share increased during the January - October 2011 time frame from 46 percent to 47.3 percent, continuing the 2010 rebound.
  • Investment in modernizations and new facilities from 2010 – 2012 is estimated at $200 - 400 million; 50 percent to 80 percent of automotive manufacturing and assembly line equipment are supplied by imports.
  • The Canadian Federal and Provincial Governments have provided financial support to this sector.

Major upcoming events/trade shows supported by CS Canada in this sector:

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Web Resources

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