Canada / Vietnam

Overview In November 2024, Canada exported C$69.8M and imported C$1.16B from Vietnam, resulting in a negative trade balance of C$1.1B. Between November 2023 and November 2024 the exports of Canada have decreased by C$-24.3M (-25.8%) from C$94.1M to C$69.8M, while imports decreased by C$-122M (-9.51%) from C$1.29B to C$1.16B.

Trade In November 2024, the top exports of Canada to Vietnam were Soybeans (C$9.43M), Sulfate Chemical Woodpulp (C$5.16M), Edible Offal (C$2.83M), Frozen Bovine Meat (C$2.78M), and Ethylene Polymers (C$1.56M). In November 2024 the top imports of Canada from Vietnam were Telephones (C$249M), Textile Footwear (C$47.9M), Semiconductor Devices (C$39.3M), Other Furniture (C$29.9M), and Leather Footwear (C$29.5M).

Origins In November 2024 the exports of Canada were mainly from Alberta (C$18M), Ontario (C$16.3M), British Columbia (C$9.99M), Quebec (C$9.91M), and Saskatchewan (C$7.3M), while imports destinations were mainly Ontario (C$781M), British Columbia (C$220M), Quebec (C$79.5M), Alberta (C$43.2M), and Manitoba (C$27.9M).

Growth In November 2024, the decrease in Canada's year-by-year exports to Vietnam was explained primarily by an decrease in product exports in Frozen Bovine Meat (C$-5.92M or -68.1%), Diamonds (C$-1.39M or -71.7%), and Pig Meat (C$-1.05M or -65.5%). In November 2024, the decrease in Canada's year-by-year imports  from Vietnam was explained primarily by an decrease in product imports  in Coated Flat-Rolled Iron (C$-10.6M or -86.9%), Coconuts, Brazil Nuts, and Cashews (C$-8.9M or -51.9%), and Microphones and Headphones (C$-7.06M or -21.1%).