2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
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GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

China-Canada Trade: In 2023, China exported $59.9B to Canada. The main products that China exported to Canada were Computers ($4.46B), Broadcasting Equipment ($2.69B), and Cars ($1.96B). Over the past 5 years the exports of China to Canada have increased at an annualized rate of 1.03%, from $56.9B in 2018 to $59.9B in 2023.

In 2023, China did not export any services to Canada.

Canada-China Trade: In 2023, Canada exported $31.1B to China. The main products that Canada exported to China were Crude Petroleum ($3.95B), Gold ($3.93B), and Rapeseed ($3.02B). Over the past 5 years the exports of Canada to China have increased at an annualized rate of 6.09%,  from $23.1B in 2018 to $31.1B in 2023.

In 2020, Canada exported services to China worth $3.68B, with Travel ($3.01B), Transportation ($362M), and Royalties and license fees ($113M) being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $59.9B to Canada. The main products exported from China to Canada were Computers ($4.46B), Broadcasting Equipment ($2.69B), and Cars ($1.96B). During the last 5 years the exports of China to Canada have increased at an annualized rate of 1.03%, from $56.9B in 2018 to $59.9B in 2023.

In 2018, Canada exported $31.1B to China. The main products exported from Canada to China were Crude Petroleum ($3.95B), Gold ($3.93B), and Rapeseed ($3.02B). During the last 5 years the exports of Canada to China have increased at an annualized rate of 6.09%, from $23.1B in 2023 to $31.1B in 2018.

Exports from China (Flag) to Canada (Flag) (2023)

Exports from Canada (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from China than Canada included Hong Kong ($259B), Germany ($164B), and Japan ($169B).

In 2023, countries that imported more from Canada than China included Bonaire ($342M), Botswana ($314M), and Saint Pierre and Miquelon ($21.9M).

Difference in imports from Canada (Flag) and China (Flag) (2023)

Comparative Advantage China - Canada

Flow
Scale

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

During 2023, China had a large net trade with Canada in the exports of Machines ($23.8B), Miscellaneous ($6.78B), and Metals ($5.89B).

During 2018, Canada had a large net trade with China in the exports of Mineral Products ($9.91B), Vegetable Products ($6.03B), and Precious Metals ($4.14B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Canada+$625MComputers
Top Product Potential Canada China+$2.7BCrude 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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Bilateral Service Trade

In 2020, Canada exported services to China worth $3.68B, with Travel ($3.01B), Transportation ($362M), and Royalties and license fees ($113M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Canada (Flag) (2023)

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