Gold in Canada 2020 Exports | Imports : $14.4B | $8.98B, World Rnk 8 / 175 Rnk 3 / 1208 | World Rnk 11 / 168 Rnk 5 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $783M | $884M, United States | Brazil
2020 ECONOMIC COMPLEXITY of Canada: 0.93, Rnk 29 / 127
2020 PRODUCT COMPLEXITY IN Gold: -2.26, Rnk 1020 / 1029
Exports In 2020, Canada exported $14.4B in Gold, making it the 8th largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in Canada. The main destination of Gold exports from Canada are: United Kingdom ($9.62B), United States ($3.35B), Switzerland ($861M), Hong Kong ($243M), and Germany ($131M).
The fastest growing export markets for Gold of Canada between 2019 and 2020 were United States ($783M), United Kingdom ($585M), and Switzerland ($403M).
Imports In 2020, Canada imported $8.98B in Gold, becoming the 11th largest importer of Gold in the world. At the same year, Gold was the 5th most imported product in Canada. Canada imports Gold primarily from: Peru ($1.91B), Brazil ($1.89B), United States ($1.09B), Egypt ($808M), and United Kingdom ($715M).
The fastest growing import markets in Gold for Canada between 2019 and 2020 were Brazil ($884M), United Kingdom ($702M), and United States ($423M).
November 2022
Overview In November 2022 Canada's Gold exports accounted up to C$2.06B and imports accounted up to C$755M, resulting in a positive trade balance of C$1.31B. Between November 2021 and November 2022 the exports of Canada's Gold have increased by C$563M (37.6%) from C$1.5B to C$2.06B, while imports increased by C$68.6M (9.99%) from C$687M to C$755M.
Destinations In November 2022, Gold were exported mostly to United Kingdom (C$1.1B), United States (C$422M), Hong Kong (C$284M), Switzerland (C$226M), and Australia (C$23.3M), and were imported mostly from Peru (C$264M), Brazil (C$180M), Egypt (C$62.6M), Switzerland (C$60.6M), and United States (C$60.2M).
Growth In November 2022, the increase in Gold's year-by-year exports was explained primarily by an increase in exports to United Kingdom (C$123M or 7.73%) and Switzerland (C$117M or 145%). In November 2022, the increase in Gold's year-by-year imports was explained primarily by an increase in imports from Brazil (C$111M or 75.2%), Canada (C$77.3M or 294%), and Peru (C$19.3M or 7.42%).
EXPORT GROWTH (November 2021 - November 2022): C$563M, (37.6%)
IMPORT GROWTH (November 2021 - November 2022): C$68.6M, (9.99%)
MAIN EXPORTER (November 2022): Ontario, C$1.91B
MAIN DESTINATION (November 2022): United Kingdom, C$1.1B
This section shows Gold'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 Gold over time.
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EXPORTS (2020): $14.4B
IMPORTS (2020): $8.98B
NET TRADE (2020): $5.46B
In 2020, Canada exported $14.4B in Gold. The main destinations of Canada exports on Gold were United Kingdom ($9.62B), United States ($3.35B), Switzerland ($861M), Hong Kong ($243M), and Germany ($131M).
In 2020, Canada imported $8.98B in Gold, mainly from Peru ($1.91B), Brazil ($1.89B), United States ($1.09B), Egypt ($808M), and United Kingdom ($715M).
THE FASTEST GROWING Gold EXPORT MARKETS FOR Canada WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Canada WERE (2019 - 2020):
In 2020, Canada's main exporting competitors in Gold were:
In 2020, Canada's main importing competitors in Gold were:
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