British Columbia

Province in Canada

2019
Economic
Complexity
: -0.19, Rank 5 of 10

Jan 2021
Trade
Exports | Imports
: C$ 3.47B | C$ 4.24B, 4 of 13 | 3 of 11

Jan 2021
Country
Destination | Origin
: United States | United States , C$ 2.1B  | C$ 1.41B

Jan 2021
Product
Exports | Imports
: Sawn Wood | Cars , C$ 638M  | C$ 142M

Overview: This page contains the latest international trade data for British Columbia, including export and import data.

Exports: In 2020, Canada's British Columbia exported C$ 40B, making it the 4th largest exporter out of the 13 exporters in Canada. In 2020 the top exports of British Columbia were Wood; coniferous species, other than of... (C$ 5.39B), Bituminous coal, not agglomerated (C$ 4.1B), Copper ores and concentrates (C$ 3.38B), Natural gas in gaseous state (C$ 2.67B), and Chem wood pulp, soda or sulphate,... (C$ 2.32B).

Imports: In 2020, Canada's British Columbia imported C$ 53.3B, making it the 3rd largest importer out of the 13 importers in Canada. In 2020 top imports of British Columbia were Medium Sized Cars (C$ 1.08B), Light petroleum distillates nes (C$ 865M), Automatic data processing machines: portable, weighing... (C$ 695M), Zinc ores and concentrates (C$ 561M), and Natural uranium, its compounds, mixtures (C$ 519M).

Economic Complexity: In 2019, the highest complexity exports of British Columbia according to the product complexity index (PCI) are Tool Plates (1.96), Oscilloscopes (1.77), Motor-working Tools (1.55), Metalworking Machine Parts (1.43), and Musical Instrument Parts (1.31). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value

This section shows the differences between British Columbia's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Canada's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): United States, C$ 22.2B

Top Product (2020): Wood; coniferous species, other than of..., C$ 5.39B

In 2020 the top export destinations of British Columbia were United States (C$ 22.2B), China (C$ 5.71B), Japan (C$ 3.56B), South Korea (C$ 2.11B), and India (C$ 951M).

In 2020 the top exports of British Columbia were Wood; coniferous species, other than of... (C$ 5.39B), Bituminous coal, not agglomerated (C$ 4.1B), Copper ores and concentrates (C$ 3.38B), Natural gas in gaseous state (C$ 2.67B), and Chem wood pulp, soda or sulphate,... (C$ 2.32B).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): United States, C$ 19B

Top Import (2020): Medium Sized Cars, C$ 1.08B

In 2020 the top import origins of British Columbia were United States (C$ 19B), China (C$ 13.5B), Japan (C$ 2.46B), Mexico (C$ 2.15B), and Vietnam (C$ 1.83B).

In 2020 the top imports of British Columbia were Medium Sized Cars (C$ 1.08B), Light petroleum distillates nes (C$ 865M), Automatic data processing machines: portable, weighing... (C$ 695M), Zinc ores and concentrates (C$ 561M), and Natural uranium, its compounds, mixtures (C$ 519M).

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Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of Canada

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British Columbia ranks 5th out of the 13 provinces in Canada according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. British Columbia it is in position 5th considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were British Columbia already has a comparative advantage, are led by Crude Petroleum (0.23), Fish Oil (0.21), Potassic Fertilizers (0.21), Other Prepared Meat (0.21), and Barley (0.21).

Most Complex Products by PCI

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The highest complexity exports of British Columbia according to the product complexity index (PCI) are Tool Plates (1.96), Oscilloscopes (1.77), Motor-working Tools (1.55), Metalworking Machine Parts (1.43), and Musical Instrument Parts (1.31). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Semi chemical Woodpulp (69.7), Sawn Wood (54), Bovine, Sheep, and Goat Fat (45.2), Sulfate Chemical Woodpulp (34.3), and Chlorates and Perchlorates (30.6).

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 British Columbia 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

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

Diversification Frontier

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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.