Overview In December 2022 Alberta exported C$15.1B and imported C$3.38B, resulting in a positive trade balance of C$11.7B. Between December 2021 and December 2022 the exports of Alberta have increased by $1.16B (8.32%) from C$14B to C$15.1B, while imports increased by C$432M (14.6%) from C$2.95B to C$3.38B.
Trade In December 2022, the top exports of Alberta were Crude Petroleum (C$9.22B), Petroleum Gas (C$1.64B), Wheat (C$309M), Ethylene Polymers (C$307M), and Bovine Meat (C$242M). In December 2022 the top imports of Alberta were Refined Petroleum (C$805M), Planes, Helicopters, and/or Spacecraft (C$196M), Iron Pipes (C$63.1M), Telephones (C$60.9M), and Crude Petroleum (C$59.2M).
Destinations In December 2022, Alberta exported mostly to United States (C$13.3B), China (C$546M), Japan (C$339M), South Korea (C$134M), and Mexico (C$113M), and imported mostly from United States (C$2.18B), China (C$339M), Mexico (C$176M), Germany (C$60.6M), and United Kingdom (C$54.6M).
Growth In December 2022, the increase in Alberta's year-by-year exports was explained primarily by an increase in exports to United States (C$5.53B or 72.4%), Japan (C$108M or 43.5%), and Mexico (C$79.2M or 64.9%), and product exports increase in Crude Petroleum (C$4.01B or 81.1%), Petroleum Gas (C$1B or 98%), and Refined Petroleum (C$156M or 135%). In December 2022, the increase in Alberta's year-by-year imports was explained primarily by an increase in imports from United States (C$588M or 51.4%), China (C$101M or 32.4%), and Mexico (C$48.4M or 42.8%), and product imports increase in Refined Petroleum (C$300M or 79.4%), Electric Generating Sets (C$113M or 2.15k%), and Corn (C$69.8M or 5.83k%).