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ExportsGermany-Canada Trade: In 2023, Germany exported $16.9B to Canada. The main products that Germany exported to Canada were Cars ($2.93B), Packaged Medicaments ($1.04B), and Vaccines, blood, antisera, toxins and cultures ($870M). Over the past 5 years the exports of Germany to Canada have increased at an annualized rate of 3.97%, from $13.9B in 2018 to $16.9B in 2023.
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 Trade: In 2023, Canada exported $6.16B to Germany. The main products that Canada exported to Germany were Iron Ore ($995M), Crude Petroleum ($576M), and Packaged Medicaments ($429M). Over the past 5 years the exports of Canada to Germany have increased at an annualized rate of 6.36%, from $4.53B in 2018 to $6.16B in 2023.
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 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).
