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Overview This page contains the latest international trade data for Alberta. In April 2024 Alberta was the number 2 in total exports and the number 4 in total imports in Canada.

Exports In 2023, Canada's Alberta exported C$ 204B, making it the 2nd largest exporter out of the 13 exporters in Canada. In 2023 the top exports of Alberta were Petroleum oils, oils from bituminous minerals,... (C$ 122B), Natural gas in gaseous state (C$ 9.26B), Cereals: wheat and meslin, other than... (C$ 3.31B), Fresh/Chilled Boneless Beef Cuts (C$ 2.86B), and Light petroleum distillates nes (C$ 2.67B).

Imports In 2023, Canada's Alberta imported C$ 41B, making it the 4th largest importer out of the 13 importers in Canada. In 2023 top imports of Alberta were Petroleum spirit for motor vehicles (C$ 6.85B), Fixed wing aircraft, unladen weight >... (C$ 1.08B), Petroleum oils, oils from bituminous minerals,... (C$ 975M), Light petroleum distillates nes (C$ 632M), and Ethyl alcohol and other spirits, denatured (C$ 496M).

Economic Complexity In 2023, the highest complexity exports of Alberta according to the product complexity index (PCI) are Navigation Equipment (1.14), Newsprint (0.99), Pig Meat (0.66), Coated Textile Fabric (0.64), Other Engines (0.63), Cyclic Hydrocarbons (0.61), Acyclic Hydrocarbons (0.58), Glass Fibers (0.5), Peat (0.48), and Air Conditioners (0.43). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)United StatesC$ 169B

In 2023 the top export destinations of Alberta were United States (C$ 169B), China (C$ 6.1B), Japan (C$ 3.08B), Mexico (C$ 984M), and South Korea (C$ 974M).

In 2023 the top exports of Alberta were Petroleum oils, oils from bituminous minerals,... (C$ 122B), Natural gas in gaseous state (C$ 9.26B), Cereals: wheat and meslin, other than... (C$ 3.31B), Fresh/Chilled Boneless Beef Cuts (C$ 2.86B), and Light petroleum distillates nes (C$ 2.67B).

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Exports Dynamics

Fastest Growing Exports Destination (Apr 2023 - Apr 2024)
United States C$ 2.16B (18.2%)
Japan C$ 135M (73.5%)
Panama C$ 42.2M (8.98k%)
Rapidly Declining Export Origins (Apr 2023 - Apr 2024)
China C$ -107M (-21.3%)
Turkey C$ -52.7M (-86.7%)
Hong Kong C$ -49.4M (-88.3%)

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Yearly Imports

Color
Depth
Top Origin (2023)United StatesC$ 24.2B
Top Import (2023)Petroleum spirit for motor vehiclesC$ 6.85B

In 2023 the top import origins of Alberta were United States (C$ 24.2B), China (C$ 4.92B), Mexico (C$ 2.02B), Germany (C$ 863M), and United Kingdom (C$ 646M).

In 2023 the top imports of Alberta were Petroleum spirit for motor vehicles (C$ 6.85B), Fixed wing aircraft, unladen weight >... (C$ 1.08B), Petroleum oils, oils from bituminous minerals,... (C$ 975M), Light petroleum distillates nes (C$ 632M), and Ethyl alcohol and other spirits, denatured (C$ 496M).

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Imports Dynamics

Fastest Growing Import Origins (Apr 2023 - Apr 2024)
Vietnam C$ 11.9M (28%)
India C$ 7.97M (21.8%)
United Arab Emirates C$ 5.33M (202%)
Rapidly Declining Import Origins (Apr 2023 - Apr 2024)
United States C$ -125M (-5.11%)
China C$ -63.5M (-14.2%)
Japan C$ -13.5M (-27.1%)

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Economic Complexity

Economic Complexity of Alberta

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Economic Complexity (2023)-0.47

Alberta ranks 8th out of the 13 provinces in Canada according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Alberta it is in position 8th considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Alberta already has a comparative advantage, are led by Nickel Mattes (0.12), Soybeans (0.11), Iron Ore (0.1), Raw Aluminium (0.095), and Iron Reductions (0.088).

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Most Complex Products by PCI

The highest complexity exports of Alberta according to the product complexity index (PCI) are Navigation Equipment (1.14), Newsprint (0.99), Pig Meat (0.66), Coated Textile Fabric (0.64), Other Engines (0.63), Cyclic Hydrocarbons (0.61), Acyclic Hydrocarbons (0.58), Glass Fibers (0.5), Peat (0.48), and Air Conditioners (0.43). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Semi chemical Woodpulp (21.49), Rapeseed Oil (17.91), Rapeseed (15.48), Other Vegetable Residues (14.56), and Bovine Meat (13.89).

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Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Alberta is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

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Relatedness Space

This network shows the products most related to the production structure of  Alberta. These are products that tend to be co-exported with the products that Alberta exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.

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