2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 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
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186

About

Canada-France Trade: In 2022, Canada exported $3.1B to France. The main products that Canada exported to France were Iron Ore ($511M), Planes, Helicopters, and/or Spacecraft ($430M), and Gas Turbines ($373M). Over the past 5 years the exports of Canada to France have increased at an annualized rate of 1.65%, from $2.86B in 2017 to $3.1B in 2022.

In 2020, Canada exported services to France worth $1.84B, with Computer and information services ($661M), Travel ($634M), and Transportation ($237M) being the largest in terms of value.

France-Canada Trade: In 2022, France exported $4.54B to Canada. The main products that France exported to Canada were Wine ($550M), Packaged Medicaments ($295M), and Beauty Products ($178M). Over the past 5 years the exports of France to Canada have increased at an annualized rate of 3.14%,  from $3.89B in 2017 to $4.54B in 2022.

In 2020, France exported services to Canada worth $1.79B, with Other business services ($560M), Transportation ($508M), and Travel ($292M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $3.1B to France. The main products exported from Canada to France were Iron Ore ($511M), Planes, Helicopters, and/or Spacecraft ($430M), and Gas Turbines ($373M). During the last 5 years the exports of Canada to France have increased at an annualized rate of 1.65%, from $2.86B in 2017 to $3.1B in 2022.

In 2017, France exported $4.54B to Canada. The main products exported from France to Canada were Wine ($550M), Packaged Medicaments ($295M), and Beauty Products ($178M). During the last 5 years the exports of France to Canada have increased at an annualized rate of 3.14%, from $3.89B in 2022 to $4.54B in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
France
Top Destination
Germany$78.3B

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

In 2022, countries that imported more from Canada than France included United States ($438B), Japan ($14.3B), and Mexico ($7.39B).

In 2022, countries that imported more from France than Canada included Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

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

Comparative Advantage Canada - France

Flow
Scale

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

During 2022, Canada had a large net trade with France in the exports of Machines ($744M), Mineral Products ($658M), and Transportation ($636M).

During 2017, France had a large net trade with Canada in the exports of Foodstuffs ($945M), Chemical Products ($907M), and Machines ($856M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada France+$235MCrude Petroleum
Top Product Potential France Canada+$165MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Canada exported services to France worth $1.84B, with Computer and information services ($661M), Travel ($634M), and Transportation ($237M) being the largest in terms of value.

In 2020, France exported services to Canada worth $1.79B, with Other business services ($560M), Transportation ($508M), and Travel ($292M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to France (Flag) (2020)

Services Exports from France (Flag) to Canada (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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