2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Canada-China Trade: In 2022, Canada exported $25.4B to China. The main products that Canada exported to China were Coal Briquettes ($2.69B), Crude Petroleum ($2.29B), and Rapeseed ($1.68B). Over the past 5 years the exports of Canada to China have increased at an annualized rate of 6.68%, from $18.4B in 2017 to $25.4B in 2022.

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 2022, China exported $62.1B to Canada. The main products that China exported to Canada were Broadcasting Equipment ($2.94B), Computers ($2.49B), and Office Machine Parts ($1.74B). Over the past 5 years the exports of China to Canada have increased at an annualized rate of 6.86%,  from $44.6B in 2017 to $62.1B in 2022.

In 2022, China did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $25.4B to China. The main products exported from Canada to China were Coal Briquettes ($2.69B), Crude Petroleum ($2.29B), and Rapeseed ($1.68B). During the last 5 years the exports of Canada to China have increased at an annualized rate of 6.68%, from $18.4B in 2017 to $25.4B in 2022.

In 2017, China exported $62.1B to Canada. The main products exported from China to Canada were Broadcasting Equipment ($2.94B), Computers ($2.49B), and Office Machine Parts ($1.74B). During the last 5 years the exports of China to Canada have increased at an annualized rate of 6.86%, from $44.6B in 2022 to $62.1B in 2017.

Exports from Canada (Flag) to China (Flag) (2022)

Exports from China (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
China
Top Destination
United States$551B

This map shows whether countries import more from Canada or China. Each country is colored based on the difference in imports they receive from Canada and China or the difference in the growth in imports.

In 2022, countries that imported more from Canada than China included Bonaire ($155M), Botswana ($322M), and Saint Pierre and Miquelon ($28.2M).

In 2022, countries that imported more from China than Canada included Hong Kong ($276B), Japan ($178B), and Germany ($152B).

Difference in imports from China (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - China

Flow
Scale

This chart compares trade between Canada and China by product, considering products traded by both, Canada and China.

During 2022, Canada had a large net trade with China in the exports of Mineral Products ($8.22B), Vegetable Products ($5.33B), and Paper Goods ($2.46B).

During 2017, China had a large net trade with Canada in the exports of Machines ($22.5B), Miscellaneous ($7.47B), and Metals ($7.4B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada China+$2.7BCrude Petroleum
Top Product Potential China Canada+$625MComputers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and China. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and China (Flag) (2022)

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