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ExportsGermany-Canada Trade: In 2022, Germany exported $11.3B to Canada. The main products that Germany exported to Canada were Cars ($2.57B), Packaged Medicaments ($1.2B), and Vaccines, blood, antisera, toxins and cultures ($646M). Over the past 5 years the exports of Germany to Canada have increased at an annualized rate of 30.8%, from $2.95B in 2017 to $11.3B in 2022.
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 2022, Canada exported $3.11B to Germany. The main products that Canada exported to Germany were Iron Ore ($475M), Gas Turbines ($373M), and Precious Metal Scraps ($353M). Over the past 5 years the exports of Canada to Germany have increased at an annualized rate of 1.26%, from $2.92B in 2017 to $3.11B in 2022.
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 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).
