Flag Canada / United States Flag

2019
FlagFlag
Exports
: $314B, Rnk 1 / 214

2019
FlagFlag
Top Product
: $65.4B, Crude Petroleum

2019
FlagFlag
Exports
: $252B, Rnk 1 / 218

2019
FlagFlag
Top Product
: $14.8B, Vehicle Parts

2019
Flag
Economic Complexity (ECI)
: ECI 1.01, Rnk 30 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
Flag  
GDP
: $1.74T, CURRENT US$
Rnk 10 / 187

2009-2019
Flag
GDP GROWTH
: 26.6%, CURRENT US$
Rnk 134 / 187

2019
Flag
 GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
Flag
GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
Flag
GDP PC 
: $46,195, CURRENT US$
Rnk 20 / 187

2009-2019
Flag
GDP PC GROWTH
: 13.3%, CURRENT US$
Rnk 132 / 187

2019
Flag
GDP PC
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
Flag
GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

Canada-United States: In 2019, Canada exported $314B to United States. The main products that Canada exported to United States are Crude Petroleum ($65.4B), Cars ($38.1B), and Refined Petroleum ($11.1B). During the last 24 years the exports of Canada to United States have increased at an annualized rate of 3.33%, from $143B in 1995 to $314B in 2019.

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 2019, United States exported $252B to Canada . The main products that United States exported to Canada were Vehicle Parts ($14.8B), Cars ($13.9B), and Delivery Trucks ($13.4B). During the last 24 years the exports of United States to Canada have increased at an annualized rate of 3.32%, from $115B in 1995 to $252B in 2019.

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 2019,  Canada ranked 30 in the Economic Complexity Index (ECI 1.01), and 11 in total exports ($431B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2019, Canada exported $314B to United States. The main products exported from Canada to United States were Crude Petroleum ($65.4B), Cars ($38.1B), and Refined Petroleum ($11.1B). During the last 24 years the exports of Canada to United States have increased at an annualized rate of 3.33%, from $143B in 1995 to $314B in 2019.

In 2019, United States exported $252B to Canada. The main products exported from United States to Canada were Vehicle Parts ($14.8B), Cars ($13.9B), and Delivery Trucks ($13.4B). During the last 24 years the exports of United States to Canada have increased at an annualized rate of 3.32%, from $115B in 1995 to $252B in 2019.

Market Competitiveness

#permalink to section
Measure

Canada
Top Destination
: United States, $314B

United States
Top Destination
: Canada, $252B

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 Botswana ($443M), Latvia ($472M), and Iran ($247M).

In 2019, countries that imported more from United States than Canada were Mexico ($235B), China ($103B), and Japan ($70.1B).

Comparative Advantage Canada - United States

#permalink to section
Depth

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

During 2019, Canada had a large net trade with United States in the exports of Mineral Products ($90.9B), Transportation ($62.3B), and Machines ($35.8B).

During 2019, United States had a large net trade with Canada in the exports of Machines ($58.3B), Transportation ($56.6B), and Mineral Products ($26.2B).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Canada and United States (using the HS6 product classification and the last year reported).

In 2018, the products from Canada that paid the highest import tariffs to enter United States were Dairy produce: fats and oils derived from milk (other than butter or dairy spreads) (314%) and Dairy produce: derived from milk, butter (299%).

In 2018, the products from United States that paid the highest import tariffs to enter Canada were Ground-nuts: other than seed, not roasted or otherwise cooked, in shell (164%) and Ground-nuts: seed, not roasted or otherwise cooked, whether or not shelled or broken (132%).

*The tariffs present between Canada and United States are:
107: Canada United States Free Trade Agreement
136: Most Favoured Nation duty rate treatement
142: North American Free Trade Agreement (NAFTA)

Bilateral Service Trade

#permalink to section

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

#permalink to section

Competitive Landscape

#permalink to section

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