Canada / Germany

Overview In November 2024, Canada exported C$434M and imported C$1.54B from Germany, resulting in a negative trade balance of C$1.11B. Between November 2023 and November 2024 the exports of Canada have decreased by C$-18.1M (-4.01%) from C$452M to C$434M, while imports decreased by C$-381M (-19.8%) from C$1.92B to C$1.54B.

Trade In November 2024, the top exports of Canada to Germany were Planes, Helicopters, and/or Spacecraft (C$93.3M), Precious Metal Scraps (C$80.6M), Commodities not elsewhere specified (C$71.6M), Crude Petroleum (C$68.5M), and Radioactive Chemicals (C$59M). In November 2024 the top imports of Canada from Germany were Cars (C$272M), Packaged Medicaments (C$145M), Vaccines, blood, antisera, toxins and cultures (C$95.7M), Motor vehicles; parts and accessories (8701... (C$48.4M), and Tractors (C$42.6M).

Origins In November 2024 the exports of Canada were mainly from Ontario (C$184M), Quebec (C$137M), Newfoundland Labrador (C$67.1M), British Columbia (C$26.9M), and Alberta (C$7.19M), while imports destinations were mainly Ontario (C$731M), Quebec (C$324M), Nova Scotia (C$243M), British Columbia (C$83.9M), and Saskatchewan (C$69.9M).

Growth In November 2024, the decrease in Canada's year-by-year exports to Germany was explained primarily by an decrease in product exports in Commodities not elsewhere specified (C$-18.2M or -20.3%), Coin (C$-18.1M or -63.9%), and Cars (C$-5.16M or -47.2%). In November 2024, the decrease in Canada's year-by-year imports  from Germany was explained primarily by an decrease in product imports  in Coated Flat-Rolled Iron (C$-16.7M or -96.5%), Hot-Rolled Iron Bars (C$-11.9M or -88.8%), and Electric Batteries (C$-8.73M or -72.8%).