The Recreational Boat and Marine Engine Exports & Imports section of the National Marine Manufacturers Association (NMMA) 2021 Canadian Boating Statistical Abstract is now available. This section covers exports and imports from and to Canada spanning 2012 to 2021.
After a year of supply chain turbulence and COVID-19 uncertainties, Canadian trade as it related to the recreational boating industry intensified in 2021, resulting in significant growth in trade activity with multiple trading partner nations. As a result, Canada was a net importer in 2021 with a trade deficit of nearly CAD $1.4 billion.
Further report insights compared to 2020:
- Boat and engine export values increased 16.3%.
- Import values of boats and engines increased 84.7%.
- Engine imports to Canada increased 63.1%.
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