2021
Flag  
GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
Flag
GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
 GDP
$2TCURRENT US$
Rnk 9 / 204
2011-2021
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 139 / 204
2021
Flag
GDP PC 
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204
2021
Flag
GDP PC
$52,359CURRENT US$
Rnk 23 / 204
2011-2021
Flag
GDP PC GROWTH
0.26%CURRENT US$
Rnk 143 / 204

About

Germany-Canada In 2021, Germany exported $12.4B to Canada. The main products that Germany exported to Canada are Cars ($2.12B), Packaged Medicaments ($826M), and Vaccines, blood, antisera, toxins and cultures ($744M). During the last 26 years the exports of Germany to Canada have increased at an annualized rate of 5.68%, from $2.95B in 1995 to $12.4B in 2021.

In 2020, Germany exported services to Canada worth $35.4M, with Government services, n.i.e. ($18.3M), Personal, cultural, and recreational services ($10.3M), and Insurance services ($6.86M) being the largest in terms of value.

Canada-Germany In 2021, Canada exported $5.13B to Germany. The main products that Canada exported to Germany were Iron Ore ($941M), Precious Metal Ore ($375M), and Precious Metal Scraps ($361M). During the last 26 years the exports of Canada to Germany have increased at an annualized rate of 2.2%, from $2.91B in 1995 to $5.13B in 2021.

In 2020, Canada exported services to Germany worth $1.05B, with Royalties and license fees ($350M), Computer and information services ($268M), and Transportation ($259M) being the largest in terms of value.

Comparison In 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Canada ranked 32 in the Economic Complexity Index (ECI 0.9), and 9 in total exports ($484B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Germany exported $12.4B to Canada. The main products exported from Germany to Canada were Cars ($2.12B), Packaged Medicaments ($826M), and Vaccines, blood, antisera, toxins and cultures ($744M). During the last 26 years the exports of Germany to Canada have increased at an annualized rate of 5.68%, from $2.95B in 1995 to $12.4B in 2021.

In 2021, Canada exported $5.13B to Germany. The main products exported from Canada to Germany were Iron Ore ($941M), Precious Metal Ore ($375M), and Precious Metal Scraps ($361M). During the last 26 years the exports of Canada to Germany have increased at an annualized rate of 2.2%, from $2.91B in 1995 to $5.13B in 2021.

Exports from Germany (Flag) to Canada (Flag) (2021)

Exports from Canada (Flag) to Germany (Flag) (2021)

Market Competitiveness

Color
Germany
Top Destination
United States$135B
Canada
Top Destination
United States$355B

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

In 2021, countries that imported more from Germany than Canada were France ($119B), China ($121B), and Netherlands ($100B).

In 2021, countries that imported more from Canada than Germany were United States ($355B), Bahrain ($173M), and Botswana ($232M).

Difference in imports from Canada (Flag) and Germany (Flag) (2021)

Comparative Advantage Germany - Canada

Flow
Scale

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

During 2021, Germany had a large net trade with Canada in the exports of Machines ($3.44B), Transportation ($3.17B), and Chemical Products ($2.28B).

During 2021, Canada had a large net trade with Germany in the exports of Mineral Products ($1.79B), Machines ($853M), and Chemical Products ($557M).

Service Trade

Bilateral Service Trade

In 2020, Germany exported services to Canada worth $35.4M, with Government services, n.i.e. ($18.3M), Personal, cultural, and recreational services ($10.3M), and Insurance services ($6.86M) being the largest in terms of value.

In 2020, Canada exported services to Germany worth $1.05B, with Royalties and license fees ($350M), Computer and information services ($268M), and Transportation ($259M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

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 Germany has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Germany.

Product Space of Germany (Flag) and Canada (Flag) (2021)

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