Mineral fuels, mineral oils and products of their distillation in   Canada

Overview In June 2024 Canada's Mineral fuels, mineral oils and products of their distillation exports accounted up to C$16.7B and imports accounted up to C$4.14B, resulting in a positive trade balance of C$12.6B. Between June 2023 and June 2024 the exports of Canada's   Mineral fuels, mineral oils and products of their distillation have decreased by C$-5.48B (-24.7%) from C$22.2B to C$16.7B, while imports increased by C$515M (14.2%) from C$3.63B to C$4.14B.

Destinations In June 2024, Mineral fuels, mineral oils and products of their distillation were exported mostly to United States (C$14.6B), China (C$652M), Japan (C$297M), India (C$253M), and South Korea (C$225M), and were imported mostly from United States (C$3.23B), Saudi Arabia (C$245M), Netherlands (C$244M), Nigeria (C$125M), and Belgium (C$106M).

Growth In June 2024, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year exports was explained primarily by a decrease in exports to Mexico (C$-93.1M or -96.5%), Poland (C$-57.1M or -100%), and South Korea (C$-42.8M or -16.4%). In June 2024, the increase in Mineral fuels, mineral oils and products of their distillation's year-by-year imports was explained primarily by an increase in imports from United States (C$811M or 28.5%), United Kingdom (C$152M or 1.66k%), and Netherlands (C$108M or 376%).