Canada-China Trade: In 2023, Canada exported $31.1B to China. The main products that Canada exported to China were Crude Petroleum ($3.95B), Gold ($3.93B), and Rapeseed ($3.02B). Over the past 5 years the exports of Canada to China have increased at an annualized rate of 6.09%, from $23.1B in 2018 to $31.1B in 2023.
In 2020, Canada exported services to China worth $3.68B, with Travel ($3.01B), Transportation ($362M), and Royalties and license fees ($113M) being the largest in terms of value.
China-Canada Trade: In 2023, China exported $59.9B to Canada. The main products that China exported to Canada were Computers ($4.46B), Broadcasting Equipment ($2.69B), and Cars ($1.96B). Over the past 5 years the exports of China to Canada have increased at an annualized rate of 1.03%, from $56.9B in 2018 to $59.9B in 2023.
In 2023, China did not export any services to Canada.
Comparison: In 2023, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).