United States (USA) and Canada (CAN) Trade | OEC - The Observatory of Economic Complexity

About

United States-Canada In 2020, United States exported $218B to Canada. The main products that United States exported to Canada are Cars ($10.6B), Vehicle Parts ($10.3B), and Delivery Trucks ($10.2B). During the last 25 years the exports of United States to Canada have increased at an annualized rate of 2.59%, from $115B in 1995 to $218B in 2020.

In 2011, United States exported services to Canada worth $43.7B, with Travel ($20.4B), Royalties and license fees ($10.2B), and Transportation ($7.95B) being the largest in terms of value.

Canada-United States In 2020, Canada exported $264B to United States . The main products that Canada exported to United States were Crude Petroleum ($45.4B), Cars ($29.7B), and Vehicle Parts ($8.02B). During the last 25 years the exports of Canada to United States have increased at an annualized rate of 2.49%, from $143B in 1995 to $264B in 2020.

In 2018, Canada exported services to United States worth $15.3B, with Travel ($8.56B), Transportation ($6.42B), and Government services, n.i.e. ($330M) being the largest in terms of value.

Comparison In 2020, United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B).

Latest Trends

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March, 2022

About

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Overview In March 2022 United States exported $32.4B and imported $40.5B from Canada, resulting in a negative trade balance of $8.03B. Between March 2021 and March 2022 the exports of United States have increased by $4.54B (16.3%) from $27.9B to $32.4B, while imports increased by $10.7B (35.8%) from $29.8B to $40.5B.

Trade In March 2022, the top exports of United States to Canada were Cars ($1.56B), Motor vehicles; parts and accessories (8701... ($1.3B), Delivery Trucks ($1.19B), Commodities not elsewhere specified ($1.19B), and Refined Petroleum ($1.14B). In March 2022 the top imports of United States from Canada were Crude Petroleum ($10.3B), Cars ($2.98B), Commodities not elsewhere specified ($1.73B), Petroleum Gas ($1.55B), and Refined Petroleum ($1.45B).

Origins In March 2022 the exports of United States were mainly from Texas ($3.45B), Michigan ($2.49B), Illinois ($2.11B), Ohio ($1.81B), and California ($1.78B), while imports destinations were mainly Illinois ($5.61B), Michigan ($4.55B), Texas ($2.78B), California ($2.67B), and New York ($2.23B).

Growth In March 2022, the increase in United States's year-by-year exports to Canada was explained primarily by an increase in product exports in Gold ($125M or 168%), Cars ($114M or 14.3%), and Platinum ($82.4M or 115%). In March 2022, the increase in United States's year-by-year imports from Canada was explained primarily by an increase in product imports in Sawn Wood ($535M or 172%), Other Precious Metal Products ($268M or 524%), and Particle Board ($184M or 167%).

Latest Trade

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Time Scale

Flow

Depth

Value

EXPORT GROWTH (March 2021 - March 2022): $4.54B, (16.3%)

IMPORT GROWTH (March 2021 - March 2022): $10.7B, (35.8%)

MAIN EXPORTER (March 2022): Texas, $3.45B

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Canada and United States trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

In 2020, United States exported $218B to Canada. The main products exported from United States to Canada were Cars ($10.6B), Vehicle Parts ($10.3B), and Delivery Trucks ($10.2B). During the last 25 years the exports of United States to Canada have increased at an annualized rate of 2.59%, from $115B in 1995 to $218B in 2020.

In 2020, Canada exported $264B to United States. The main products exported from Canada to United States were Crude Petroleum ($45.4B), Cars ($29.7B), and Vehicle Parts ($8.02B). During the last 25 years the exports of Canada to United States have increased at an annualized rate of 2.49%, from $143B in 1995 to $264B in 2020.

Market Competitiveness

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Measure

SectionYear

United States
Top Destination: Canada, $218B

Canada
Top Destination: United States, $264B

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

In 2019, countries that imported more from United States than Canada were Mexico ($196B), China ($122B), and Germany ($59.2B).

In 2019, countries that imported more from Canada than United States were Iran ($308M), Botswana ($235M), and Malta ($196M).

Comparative Advantage United States - Canada

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Flow

Year

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

During 2020, United States had a large net trade with Canada in the exports of Machines ($51.1B), Transportation ($41.1B), and Chemical Products ($21.5B).

During 2020, Canada had a large net trade with United States in the exports of Mineral Products ($63.9B), Transportation ($48.1B), and Machines ($29.8B).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between United States and Canada (using the HS6 product classification and the last year reported).

In 2019, the products from United States that paid the highest import tariffs to enter Canada were Non-alcoholic beverages; other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009 (379k%) and Ground-nuts: other than seed, not roasted or otherwise cooked, in shell (164%).

In 2019, the products from Canada that paid the highest import tariffs to enter United States were Fat: poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (493%) and Other Dairy Produce (314%).

*The tariffs present between United States and Canada are:
107: Canada United States Free Trade Agreement
107: Canada United States Free Trade Agreement
107: Canada United States Free Trade Agreement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Service Trade

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Bilateral Service Trade

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Can YearUsa Year

In 2011, United States exported services to Canada worth $43.7B, with Travel ($20.4B), Royalties and license fees ($10.2B), and Transportation ($7.95B) being the largest in terms of value.

In 2018, Canada exported services to United States worth $15.3B, with Travel ($8.56B), Transportation ($6.42B), and Government services, n.i.e. ($330M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage United States - Canada

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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