Flag United States / Canada Flag

2021
FlagFlag
Exports
: $259B, Rnk 1 / 217

2021
FlagFlag
Top Product
: $13.8B, Cars

2021
FlagFlag
Exports
: $355B, Rnk 1 / 218

2021
FlagFlag
Top Product
: $78.8B, Crude Petroleum

2021
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Economic Complexity (ECI)
: ECI 1.46, Rnk 10 / 131

2021
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Economic Complexity (ECI)
: ECI 0.9, Rnk 32 / 131

2021
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GDP
: $23T, CURRENT US$
Rnk 1 / 182

2011-2021
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GDP GROWTH
: 47.4%, CURRENT US$
Rnk 56 / 182

2021
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 GDP
: $1.99T, CURRENT US$
Rnk 9 / 182

2011-2021
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GDP GROWTH
: 11%, CURRENT US$
Rnk 127 / 182

2021
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GDP PC 
: $69,288, CURRENT US$
Rnk 7 / 182

2011-2021
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GDP PC GROWTH
: 38.4%, CURRENT US$
Rnk 44 / 182

2021
Flag
GDP PC
: $52,051, CURRENT US$
Rnk 16 / 182

2011-2021
Flag
GDP PC GROWTH
: -0.33%, CURRENT US$
Rnk 125 / 182

United States-Canada In 2021, United States exported $259B to Canada. The main products that United States exported to Canada are Cars ($13.8B), Delivery Trucks ($12B), and Refined Petroleum ($10.1B). During the last 26 years the exports of United States to Canada have increased at an annualized rate of 3.18%, from $115B in 1995 to $259B in 2021.

In 2017, United States exported services to Canada worth $69.8B, with Travel ($18.1B), Financial services ($13.9B), and Other business services ($12.6B) being the largest in terms of value.

Canada-United States In 2021, Canada exported $355B to United States. The main products that Canada exported to United States were Crude Petroleum ($78.8B), Cars ($26.4B), and Petroleum Gas ($13.4B). During the last 26 years the exports of Canada to United States have increased at an annualized rate of 3.57%, from $143B in 1995 to $355B in 2021.

In 2020, Canada exported services to United States worth $25.5B, with Computer and information services ($7.68B), Transportation ($5.45B), and Financial services ($5.08B) being the largest in terms of value.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Canada ranked 32 in the Economic Complexity Index (ECI 0.9), and 9 in total exports ($484B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United States exported $259B to Canada. The main products exported from United States to Canada were Cars ($13.8B), Delivery Trucks ($12B), and Refined Petroleum ($10.1B). During the last 26 years the exports of United States to Canada have increased at an annualized rate of 3.18%, from $115B in 1995 to $259B in 2021.

In 2021, Canada exported $355B to United States. The main products exported from Canada to United States were Crude Petroleum ($78.8B), Cars ($26.4B), and Petroleum Gas ($13.4B). During the last 26 years the exports of Canada to United States have increased at an annualized rate of 3.57%, from $143B in 1995 to $355B in 2021.

Market Competitiveness

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Color

United States
Top Destination
: Canada, $259B

Canada
Top Destination
: United States, $355B

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 2021, countries that imported more from United States than Canada were Mexico ($247B), China ($151B), and South Korea ($66.4B).

In 2021, countries that imported more from Canada than United States were Malta ($517M), Iran ($322M), and Botswana ($232M).

Comparative Advantage United States - Canada

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Flow
Scale

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

During 2021, United States had a large net trade with Canada in the exports of Machines ($55.9B), Transportation ($47.9B), and Chemical Products ($27.9B).

During 2021, Canada had a large net trade with United States in the exports of Mineral Products ($110B), Transportation ($46.5B), and Machines ($34.2B).

Bilateral Service Trade

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In 2017, United States exported services to Canada worth $69.8B, with Travel ($18.1B), Financial services ($13.9B), and Other business services ($12.6B) being the largest in terms of value.

In 2020, Canada exported services to United States worth $25.5B, with Computer and information services ($7.68B), Transportation ($5.45B), and Financial services ($5.08B) 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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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.