Canada (CAN) and United States (USA) Trade | OEC - The Observatory of Economic Complexity

About

Canada-United States In 2020, Canada exported $264B to United States. The main products that Canada exported to United States are Crude Petroleum ($45.4B), Cars ($29.7B), and Vehicle Parts ($8.02B). During the last 25 years the exports of Canada to United States have increased at an annualized rate of 2.49%, from $143B in 1995 to $264B in 2020.

In 2018, Canada exported services to United States worth $15.3B, with Travel ($8.56B), Transportation ($6.42B), and Government services, n.i.e. ($330M) being the largest in terms of value.

United States-Canada In 2020, United States exported $218B to Canada . The main products that United States exported to Canada were Cars ($10.6B), Vehicle Parts ($10.3B), and Delivery Trucks ($10.2B). During the last 25 years the exports of United States to Canada have increased at an annualized rate of 2.59%, from $115B in 1995 to $218B in 2020.

In 2011, United States exported services to Canada worth $43.7B, with Travel ($20.4B), Royalties and license fees ($10.2B), and Transportation ($7.95B) being the largest in terms of value.

Comparison In 2020, Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B). That same year, United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T).

Latest Trends

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November, 2021

About

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Overview In November 2021 Canada exported C$41.1B and imported C$27.1B from United States, resulting in a positive trade balance of C$14B. Between November 2020 and November 2021 the exports of Canada have increased by C$11B (36.7%) from C$30.1B to C$41.1B, while imports increased by C$4.86B (21.9%) from C$22.2B to C$27.1B.

Trade In November 2021, the top exports of Canada to United States were Crude Petroleum (C$10.9B), Cars (C$3.13B), Petroleum Gas (C$1.74B), Refined Petroleum (C$1.26B), and Motor vehicles; parts and accessories (8701... (C$1.08B). In November 2021 the top imports of Canada from United States were Refined Petroleum (C$1.51B), Delivery Trucks (C$1.32B), Cars (C$1.31B), Commodities not elsewhere specified (C$1.3B), and Packaged Medicaments (C$1.27B).

Origins In November 2021 the exports of Canada were mainly from Ontario (C$14.1B), Alberta (C$12.6B), Quebec (C$6.55B), British Columbia (C$2.44B), and Saskatchewan (C$2.07B), while imports destinations were mainly Ontario (C$18.1B), Quebec (C$2.51B), British Columbia (C$1.84B), Alberta (C$1.77B), and Manitoba (C$1.39B).

Latest Trade

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Time Scale

Flow

Depth

Value

EXPORT GROWTH (November 2020 - November 2021): C$11B, (36.7%)

IMPORT GROWTH (November 2020 - November 2021): C$4.86B, (21.9%)

MAIN EXPORTER (November 2021): Ontario, C$14.1B

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check United States and Canada trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2020, Canada exported $264B to United States. The main products exported from Canada to United States were Crude Petroleum ($45.4B), Cars ($29.7B), and Vehicle Parts ($8.02B). During the last 25 years the exports of Canada to United States have increased at an annualized rate of 2.49%, from $143B in 1995 to $264B in 2020.

In 2020, United States exported $218B to Canada. The main products exported from United States to Canada were Cars ($10.6B), Vehicle Parts ($10.3B), and Delivery Trucks ($10.2B). During the last 25 years the exports of United States to Canada have increased at an annualized rate of 2.59%, from $115B in 1995 to $218B in 2020.

Market Competitiveness

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Measure

SectionYear

Canada
Top Destination: United States, $264B

United States
Top Destination: Canada, $218B

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

In 2019, countries that imported more from Canada than United States were Iran ($308M), Botswana ($235M), and Malta ($196M).

In 2019, countries that imported more from United States than Canada were Mexico ($196B), China ($122B), and Germany ($59.2B).

Comparative Advantage Canada - United States

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Flow

Year

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

During 2020, Canada had a large net trade with United States in the exports of Mineral Products ($63.9B), Transportation ($48.1B), and Machines ($29.8B).

During 2020, United States had a large net trade with Canada in the exports of Machines ($51.1B), Transportation ($41.1B), and Chemical Products ($21.5B).

Service Trade

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Bilateral Service Trade

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Usa YearCan Year

In 2018, Canada exported services to United States worth $15.3B, with Travel ($8.56B), Transportation ($6.42B), and Government services, n.i.e. ($330M) being the largest in terms of value.

In 2011, United States exported services to Canada worth $43.7B, with Travel ($20.4B), Royalties and license fees ($10.2B), and Transportation ($7.95B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Canada has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Canada.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Canada - United States

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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