Overview In June 2021 Canada's Crude Petroleum exports accounted up to C$9.25B and imports accounted up to C$1.12B, resulting in a positive trade balance of C$8.13B. Between June 2020 and June 2021 the exports of Canada's Crude Petroleum have increased by C$6.07B (191%) from C$3.18B to C$9.25B, while imports increased by C$566M (103%) from C$551M to C$1.12B.
Destinations In June 2021, Crude Petroleum were exported mostly to United States (C$8.93B), Spain (C$112M), Chile (C$86.8M), France (C$60.9M), and Netherlands (C$59.7M), and were imported mostly from United States (C$690M), Nigeria (C$255M), Azerbaijan (C$93.2M), Saudi Arabia (C$78.7M), and Canada (C$131).
Growth In June 2021, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to United States (C$5.91B or 196%) and France (C$60.9M or 2.22M%). In June 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from United States (C$331M or 92.2%).