Overview In December 2022, Canada exported C$2.71B and imported C$7.5B from China, resulting in a negative trade balance of C$4.79B. Between December 2021 and December 2022 the exports of Canada have increased by C$559M (26%) from C$2.15B to C$2.71B, while imports decreased by C$-614M (-7.57%) from C$8.11B to C$7.5B.
Trade In December 2022, the top exports of Canada to China were Coal Briquettes (C$282M), Sulfate Chemical Woodpulp (C$146M), Rapeseed (C$145M), Crustaceans (C$118M), and Wheat (C$104M). In December 2022 the top imports of Canada from China were Telephones (C$684M), Computers (C$581M), Laboratory Reagents (C$182M), Other Furniture (C$141M), and Seats (C$139M).
Origins In December 2022 the exports of Canada were mainly from British Columbia (C$565M), Alberta (C$546M), Saskatchewan (C$530M), Quebec (C$405M), and Manitoba (C$268M), while imports destinations were mainly Ontario (C$4.51B), British Columbia (C$1.46B), Quebec (C$899M), Alberta (C$339M), and Manitoba (C$139M).
Growth In December 2022, the increase in Canada's year-by-year exports to China was explained primarily by an increase in product exports in Coal Briquettes (C$142M or 101%), Crustaceans (C$68.4M or 139%), and Copper Ore (C$48.7M or 167%). In December 2022, the decrease in Canada's year-by-year imports from China was explained primarily by an decrease in product imports in Computers (C$-107M or -15.5%), Rubber Apparel (C$-71.1M or -89.4%), and Other Cloth Articles (C$-48.5M or -47%).