Overview This page contains the latest international trade data for Alberta. In December 2022 Alberta was the number 2 in total exports and the number 4 in total imports in Canada.

Exports In 2022, Canada's Alberta exported C$ 204B, making it the 2nd largest exporter out of the 13 exporters in Canada. In 2022 the top exports of Alberta were Petroleum oils, oils from bituminous minerals,... (C$ 131B), Natural gas in gaseous state (C$ 15.7B), Propane, liquefied (C$ 3.99B), Light petroleum distillates nes (C$ 3.38B), and Ethylene polymers and ethylene-alpha-olefin copolymers (C$ 2.71B).

Imports In 2022, Canada's Alberta imported C$ 41B, making it the 4th largest importer out of the 13 importers in Canada. In 2022 top imports of Alberta were Petroleum spirit for motor vehicles (C$ 9.33B), Fixed wing aircraft, unladen weight >... (C$ 1.59B), Maize except seed corn (C$ 497M), Ethyl alcohol and other spirits, denatured (C$ 487M), and Communication apparatus (excluding telephone sets or... (C$ 481M).

Economic Complexity In 2020, the highest complexity exports of Alberta according to the product complexity index (PCI) are Nickel Powder (0.63), Rapeseed Oil (0.47), Particle Board (0.2), Semi chemical Woodpulp (-0.19), and Rapeseed (-0.23). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

#permalink to section

Yearly Exports

#permalink to section
Value
Compare to
Depth

Top Destination (2022): United States, C$ 183B

Top Product (2022): Petroleum oils, oils from bituminous minerals,..., C$ 131B

In 2022 the top export destinations of Alberta were United States (C$ 183B), Japan (C$ 5.14B), China (C$ 5.03B), South Korea (C$ 1.48B), and Mexico (C$ 1.36B).

In 2022 the top exports of Alberta were Petroleum oils, oils from bituminous minerals,... (C$ 131B), Natural gas in gaseous state (C$ 15.7B), Propane, liquefied (C$ 3.99B), Light petroleum distillates nes (C$ 3.38B), and Ethylene polymers and ethylene-alpha-olefin copolymers (C$ 2.71B).

Explore Visualizations

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Dec 2021 - Dec 2022)

Rapidly Declining Export Origins (Dec 2021 - Dec 2022)

Yearly Imports

#permalink to section
Value
Depth
Compare to

Top Origin (2022): United States, C$ 26.2B

Top Import (2022): Petroleum spirit for motor vehicles, C$ 9.33B

In 2022 the top import origins of Alberta were United States (C$ 26.2B), China (C$ 4.68B), Mexico (C$ 2.09B), Germany (C$ 732M), and Vietnam (C$ 657M).

In 2022 the top imports of Alberta were Petroleum spirit for motor vehicles (C$ 9.33B), Fixed wing aircraft, unladen weight >... (C$ 1.59B), Maize except seed corn (C$ 497M), Ethyl alcohol and other spirits, denatured (C$ 487M), and Communication apparatus (excluding telephone sets or... (C$ 481M).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Dec 2021 - Dec 2022)

Rapidly Declining Import Origins (Dec 2021 - Dec 2022)

Economic Complexity

#permalink to section

Economic Complexity of Alberta

#permalink to section
View

Economic Complexity (2022): -0.43

Alberta ranks 7th 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.

Discover Economic Complexity

Economic Complexity Ranking

#permalink to section
Value

The economic complexity of a territory can change year to year. Alberta it is in position 7th considering its ECI in the last year.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

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), Radioactive Chemicals (0.1), Radioactive Chemicals (0.1), Soybeans (0.093), and Aircraft Launch Gear (0.088).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Alberta according to the product complexity index (PCI) are Nickel Powder (0.63), Rapeseed Oil (0.47), Particle Board (0.2), Semi chemical Woodpulp (-0.19), and Rapeseed (-0.23). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Sulphur (25.0), Semi chemical Woodpulp (19.5), Rapeseed (16.8), Rapeseed Oil (15.3), and Particle Board (14.7).

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.

Relatedness Space

#permalink to section

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.

Diversification Frontier

#permalink to section
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.