2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
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GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

United States-Canada In 2022, United States exported $308B to Canada. The main products that United States exported to Canada are Cars ($16.9B), Refined Petroleum ($15.7B), and Delivery Trucks ($14.2B). During the last 27 years the exports of United States to Canada have increased at an annualized rate of 3.69%, from $116B in 1995 to $308B in 2022.

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 2022, Canada exported $438B to United States. The main products that Canada exported to United States were Crude Petroleum ($117B), Cars ($27B), and Petroleum Gas ($22.4B). During the last 27 years the exports of Canada to United States have increased at an annualized rate of 4.23%, from $143B in 1995 to $438B in 2022.

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 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (1.42k), THE DOW CHEMICAL COMPANY (1.14k), and CELEBRITY CRUISES INC. (370) were at the forefront of exporting goods from Canada to the United States. Conversely, DOW CHEMICAL CANADA ULC (650), LG ELECTRONICS CANADA INC (534), and DOW EUROPE GMBH (494) were notable for importing Canada products to the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $308B to Canada. The main products exported from United States to Canada were Cars ($16.9B), Refined Petroleum ($15.7B), and Delivery Trucks ($14.2B). During the last 27 years the exports of United States to Canada have increased at an annualized rate of 3.69%, from $116B in 1995 to $308B in 2022.

In 2022, Canada exported $438B to United States. The main products exported from Canada to United States were Crude Petroleum ($117B), Cars ($27B), and Petroleum Gas ($22.4B). During the last 27 years the exports of Canada to United States have increased at an annualized rate of 4.23%, from $143B in 1995 to $438B in 2022.

Exports from United States (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Canada
Top Destination
United States$438B

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 ($294B), China ($151B), and South Korea ($73.6B).

In 2021, countries that imported more from Canada than United States were Malta ($821M), Iran ($280M), and Botswana ($322M).

Difference in imports from Canada (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Canada

Flow
Scale

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

During 2022, United States had a large net trade with Canada in the exports of Machines ($66.1B), Transportation ($57.5B), and Mineral Products ($38.3B).

During 2022, Canada had a large net trade with United States in the exports of Mineral Products ($166B), Transportation ($51.8B), and Machines ($39.8B).

Service Trade

Bilateral Service Trade

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.

Services Exports from United States (Flag) to Canada (Flag) (2017)

Services Exports from Canada (Flag) to United States (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 United States has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over United States.

Product Space of United States (Flag) and Canada (Flag) (2022)

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