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2022
Flag → Flag
Exports $438BRnk 1 / 215
2022
Flag → Flag
Top Product $117BCrude Petroleum
2022
Flag → Flag
Exports $308BRnk 1 / 219
2022
Flag → Flag
Top Product $16.9BCars
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Canada-United States Trade: In 2022, Canada exported $438B to United States. The main products that Canada exported to United States were Crude Petroleum ($117B), Cars ($27B), and Petroleum Gas ($22.4B). Over the past 5 years the exports of Canada to United States have increased at an annualized rate of 8.35%, from $293B in 2017 to $438B in 2022.

In 2020, Canada exported services to United States worth $25.5B, with Computer and information services ($7.68B), Transportation ($5.45B), and Financial services ($5.08B) being the largest in terms of value.

United States-Canada Trade: In 2022, United States exported $308B to Canada. The main products that United States exported to Canada were Cars ($16.9B), Refined Petroleum ($15.7B), and Delivery Trucks ($14.2B). Over the past 5 years the exports of United States to Canada have increased at an annualized rate of 4.27%,  from $250B in 2017 to $308B in 2022.

In 2017, United States exported services to Canada worth $69.8B, with Travel ($18.1B), Financial services ($13.9B), and Other business services ($12.6B) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Latest Trends

September, 2024

About

Overview In September 2024, Canada exported C$45.6B and imported C$31.3B from United States, resulting in a positive trade balance of C$14.3B. Between September 2023 and September 2024 the exports of Canada have decreased by C$-502M (-1.09%) from C$46.1B to C$45.6B, while imports decreased by C$-351M (-1.11%) from C$31.7B to C$31.3B.

Trade In September 2024, the top exports of Canada to United States were Crude Petroleum (C$10.9B), Petroleum Gas (C$3.52B), Cars (C$3.35B), Refined Petroleum (C$1.84B), and Motor vehicles; parts and accessories (8701... (C$1.3B). In September 2024 the top imports of Canada from United States were Cars (C$1.61B), Refined Petroleum (C$1.43B), Motor vehicles; parts and accessories (8701... (C$1.41B), Delivery Trucks (C$1.34B), and Crude Petroleum (C$1.15B).

Origins In September 2024 the exports of Canada were mainly from Ontario (C$16.3B), Alberta (C$13.3B), Quebec (C$8.22B), British Columbia (C$2.39B), and Saskatchewan (C$2.04B), while imports destinations were mainly Ontario (C$21.1B), Quebec (C$2.52B), Alberta (C$2.04B), British Columbia (C$2.02B), and Manitoba (C$1.81B).

Growth In September 2024, the decrease in Canada's year-by-year exports to United States was explained primarily by an decrease in product exports in Sawn Wood (C$-411M or -44%), Hot-Rolled Iron (C$-173M or -54.2%), and Ethylene Polymers (C$-167M or -29.1%). In September 2024, the decrease in Canada's year-by-year imports  from United States was explained primarily by an decrease in product imports  in Vaccines, blood, antisera, toxins and cultures (C$-371M or -67.6%), Gold (C$-259M or -60.6%), and Commodities not elsewhere specified (C$-227M or -42%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)C$-502M(-1.09%)
IMPORT GROWTH (September 2023 - September 2024)C$-351M(-1.11%)
MAIN EXPORTER (September 2024)OntarioC$16.3B

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.

For full datasets download visit Bulk Download page.

Explore United States and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $438B to United States. The main products exported from Canada to United States were Crude Petroleum ($117B), Cars ($27B), and Petroleum Gas ($22.4B). During the last 5 years the exports of Canada to United States have increased at an annualized rate of 8.35%, from $293B in 2017 to $438B in 2022.

In 2017, United States exported $308B to Canada. The main products exported from United States to Canada were Cars ($16.9B), Refined Petroleum ($15.7B), and Delivery Trucks ($14.2B). During the last 5 years the exports of United States to Canada have increased at an annualized rate of 4.27%, from $250B in 2022 to $308B in 2017.

Exports from Canada (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
United States
Top DestinationCanada$308B

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 2022, countries that imported more from Canada than United States included Malta ($821M), Iran ($280M), and Botswana ($322M).

In 2022, countries that imported more from United States than Canada included Mexico ($294B), China ($151B), and South Korea ($73.6B).

Difference in imports from United States (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - United States

Flow
Scale

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

During 2022, Canada had a large net trade with United States in the exports of Mineral Products ($166B), Transportation ($51.8B), and Machines ($39.8B).

During 2017, United States had a large net trade with Canada in the exports of Machines ($66.1B), Transportation ($57.5B), and Mineral Products ($38.3B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada United States+$5.34BCars
Top Product Potential United States Canada+$1.7BRefined Petroleum

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 United States. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and United States (Flag) (2022)

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