Key Market Indicators
The United States and China respectively ranked numbers 1 and 2 in this ranking. Canada's exports of trucks are forecast to reach $4.7 billion by 2026, up 1.4% annually on average since 2021. That year, the country came in 9th place, overtaken by Italy at $4.3 billion. The US, Germany and France ranked 2nd, 3rd and 4th in the 2021 ranking. Canada's imports of trucks are expected to reach $17.3 billion by 2026, up 1.8% annually on average since 2021. The US and China led the 2021 ranking in 1st and 2nd place respectively. Since 1994, Canada's demand for trucks has increased by 3.4% year-on-year.
Canada Truck Market Data and Forecasts
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