Alberta

Overview In January 2024 Alberta exported C$15.4B and imported C$2.96B, resulting in a positive trade balance of C$12.4B. Between January 2023 and January 2024 the exports of Alberta have decreased by $-758M (-4.7%) from C$16.1B to C$15.4B, while imports decreased by C$-489M (-14.2%) from C$3.45B to C$2.96B.

Trade In January 2024, the top exports of Alberta were Crude Petroleum (C$9.7B), Petroleum Gas (C$1.64B), Refined Petroleum (C$437M), Ethylene Polymers (C$333M), and Bovine Meat (C$284M). In January 2024 the top imports of Alberta were Refined Petroleum (C$719M), Crude Petroleum (C$92.5M), Valves (C$57.5M), Iron Pipes (C$41.3M), and Tractors (C$40.9M).

Destinations In January 2024, Alberta exported mostly to United States (C$13.9B), China (C$312M), Japan (C$204M), Finland (C$90M), and Panama (C$83M), and imported mostly from United States (C$1.86B), China (C$332M), Mexico (C$171M), Germany (C$67.3M), and United Kingdom (C$42M).

Growth In January 2024, the decrease in Alberta's year-by-year exports was explained primarily by an decrease in exports to Mexico (C$-125M or -62%), Cuba (C$-7.67M or -79.4%), and Malaysia (C$-5.96M or -60%), and product exports decrease in Refined Petroleum (C$-113M or -41.8%), Ethylene Polymers (C$-106M or -24.4%), and Sawn Wood (C$-76.2M or -49%). In January 2024, the decrease in Alberta's year-by-year imports was explained primarily by an decrease in imports from China (C$-47.2M or -11.4%), Malaysia (C$-37M or -74.6%), and Belgium (C$-14M or -48.8%), and product imports decrease in Electric Generating Sets (C$-116M or -97.9%), Corn (C$-60.8M or -85.6%), and Semiconductor Devices (C$-46.6M or -93.2%).