Overview In November 2021 Canada's Crude Petroleum exports accounted up to C$11B and imports accounted up to C$1.39B, resulting in a positive trade balance of C$9.63B. Between November 2020 and November 2021 the exports of Canada's Crude Petroleum have increased by C$5.86B (114%) from C$5.16B to C$11B, while imports increased by C$463M (50%) from C$926M to C$1.39B.
Destinations In November 2021, Crude Petroleum were exported mostly to United States (C$10.9B), United Kingdom (C$69.9M), and Spain (C$66.1M), and were imported mostly from United States (C$947M), Saudi Arabia (C$280M), Nigeria (C$107M), Colombia (C$55.2M), and Canada (C$7.57k).
Growth In November 2021, the increase in Crude Petroleum's year-by-year exports was explained primarily by an increase in exports to United States (C$3.08B or 63.6%), Netherlands (C$64.3M or 137%), and Italy (C$13.8M or 38.5%). In November 2021, the increase in Crude Petroleum's year-by-year imports was explained primarily by an increase in imports from United States (C$655M or 72.9%).