Gold in 
Canada 2019 Exports | Imports : $14.6B | $5.62B, World Rnk 6 / 174 Rnk 3 / 1208 | World Rnk 10 / 179 Rnk 10 / 1213
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $887M | $1.32B, United States | Peru
2019 ECONOMIC COMPLEXITY of Canada: 0.96, Rnk 31 / 147
2019 PRODUCT COMPLEXITY IN Gold: -2.46, Rnk 1022 / 1029
Exports: In 2019, Canada exported $14.6B in Gold, making it the 6th 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 ($9.04B), United States ($2.57B), Hong Kong ($1.56B), Switzerland ($457M), and Azerbaijan ($379M).
The fastest growing export markets for Gold of Canada between 2018 and 2019 were United States ($887M), Switzerland ($239M), and Azerbaijan ($233M).
Imports: In 2019, Canada imported $5.62B in Gold, becoming the 10th largest importer of Gold in the world. At the same year, Gold was the 10th most imported product in Canada. Canada imports Gold primarily from: Peru ($1.68B), Brazil ($1.01B), United States ($665M), Egypt ($642M), and Guyana ($421M).
The fastest growing import markets in Gold for Canada between 2018 and 2019 were Peru ($1.32B), Brazil ($663M), and Egypt ($44.6M).
Overview: In May 2021 Canada's Gold exports accounted up to C$1.36B and imports accounted up to C$633M, resulting in a positive trade balance of C$724M. Between May 2020 and May 2021 the exports of Canada's Gold have increased by C$69M (5.36%) from C$1.29B to C$1.36B, while imports decreased by C$-465M (-42.3%) from C$1.1B to C$633M.
Destinations: In May 2021, Gold were exported mostly to United Kingdom (C$713M), United States (C$199M), Switzerland (C$197M), South Korea (C$127M), and Hong Kong (C$102M), and were imported mostly from Peru (C$193M), Brazil (C$132M), United States (C$97.2M), Egypt (C$64M), and Mauritania (C$59.9M).
Growth: In May 2021, the increase in Gold's year-by-year exports was explained primarily by an increase in exports to Switzerland (C$195M or 10.3k%). In May 2021, the decrease in Gold's year-by-year imports was explained primarily by a decrease in imports from United Kingdom (C$-138M or -100%), United States (C$-118M or -54.9%), and Brazil (C$-96.5M or -42.3%).
EXPORT GROWTH (May 2020 - May 2021): C$69M, (5.36%)
IMPORT GROWTH (May 2020 - May 2021): C$-465M, (-42.3%)
MAIN EXPORTER (May 2021): Ontario, C$1.15B
MAIN DESTINATION (May 2021): United Kingdom, C$713M
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 (2019): $14.6B
IMPORTS (2019): $5.62B
NET TRADE (2019): $9B
In 2019, Canada exported $14.6B in Gold. The main destinations of Canada exports on Gold were United Kingdom ($9.04B), United States ($2.57B), Hong Kong ($1.56B), Switzerland ($457M), and Azerbaijan ($379M).
In 2019, Canada imported $5.62B in Gold, mainly from Peru ($1.68B), Brazil ($1.01B), United States ($665M), Egypt ($642M), and Guyana ($421M).
IN 2019, Canada HAD A POSITIVE NET TRADE IN Gold WITH:
THE FASTEST GROWING Gold EXPORT MARKETS FOR Canada WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Canada WERE (2018 - 2019):
In 2018, Canada's main exporting competitors in Gold were:
In 2018, Canada's main importing competitors in Gold were:
In 2018, the tariffs for Gold in the imports of Canada were of 0% around the world.
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