HS Icon Crude Petroleum in  Flag Canada

2020
Exports | Imports
: $47.2B | $7.93B, World Rnk 4 / 132
Flag Rnk 1 / 1208 | World Rnk 15 / 145
Flag Rnk 8 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $58.3M | $202M, Hong Kong |  Nigeria


ECONOMIC COMPLEXITY of Canada
: 0.93, Rnk 29 / 127


PRODUCT COMPLEXITY  IN Crude Petroleum
: -2.82, Rnk 1028 / 1028

Exports In 2020, Canada exported $47.2B in Crude Petroleum, making it the 4th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Canada. The main destination of Crude Petroleum exports from Canada are: United States ($45.4B), Netherlands ($432M), United Kingdom ($424M), Italy ($381M), and China ($210M).

The fastest growing export markets for Crude Petroleum of Canada between 2019 and 2020 were Hong Kong ($58.3M), Italy ($32.5M), and Chile ($32M).

Imports In 2020, Canada imported $7.93B in Crude Petroleum, becoming the 15th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 8th most imported product in Canada. Canada imports Crude Petroleum primarily from: United States ($6.28B), Saudi Arabia ($894M), Nigeria ($407M), Norway ($255M), and United Kingdom ($41.5M).

The fastest growing import markets in Crude Petroleum for Canada between 2019 and 2020 were Nigeria ($202M), Norway ($48.1M), and China ($156).

November 2021

Subnational Monthly Trade

#permalink to section
Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): C$5.86B, (114%)

IMPORT GROWTH (November 2020 - November 2021): C$463M, (50%)

MAIN EXPORTER (November 2021): Alberta, C$9.12B

MAIN DESTINATION (November 2021): United States, C$10.9B

This section shows Crude Petroleum's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Crude Petroleum over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2020): $47.2B

IMPORTS (2020): $7.93B

NET TRADE (2020): $39.2B

In 2020, Canada exported $47.2B in Crude Petroleum. The main destinations of Canada exports on Crude Petroleum were United States ($45.4B), Netherlands ($432M), United Kingdom ($424M), Italy ($381M), and China ($210M).

In 2020, Canada imported $7.93B in Crude Petroleum, mainly from United States ($6.28B), Saudi Arabia ($894M), Nigeria ($407M), Norway ($255M), and United Kingdom ($41.5M).

Explore Visualizations

IN 2020, Canada HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:

IN 2020, Canada HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:: Norway , -$255M ($215 - $255M)

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Canada WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Canada WERE (2019 - 2020):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2019, Canada's main exporting competitors in Crude Petroleum were:

In 2019, Canada's main importing competitors in Crude Petroleum were:

Explore Visualizations

Tariffs by Country

#permalink to section

In 2018, the tariffs for Crude Petroleum in the imports of Canada were of 0% around the world.