Overview In November 2022 Canada's Crude Petroleum exports accounted up to C$11.6B and imports accounted up to C$1.87B, resulting in a positive trade balance of C$9.77B. Between November 2021 and November 2022 the exports of Canada's Crude Petroleum have increased by C$621M (5.64%) from C$11B to C$11.6B, while imports increased by C$485M (34.9%) from C$1.39B to C$1.87B.
Destinations In November 2022, Crude Petroleum were exported mostly to United States (C$11.2B), Netherlands (C$95.4M), Ireland (C$88.2M), Germany (C$84.4M), and Spain (C$81.6M), and were imported mostly from United States (C$1.31B), Saudi Arabia (C$242M), Colombia (C$131M), Nigeria (C$100M), and Norway (C$90.1M).
Growth In November 2022, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to . In November 2022, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from Nigeria (C$21.9M or 11.8%).