British ColumbiaProvince in Canada
Exports (2019): C$ 65.5B, Rnk 4/13
Top Destination (2019): C$ 44B, United States
Top Export (2019): C$ 7.58B, Wood; coniferous species, other than of...
Imports (2019): C$ 78.3B, Rnk 3/13
Top Origin (2019): C$ 42.6B, United States
Top Import (2019): C$ 2.9B, Light petroleum distillates nes
Economic Complexity (2019): -0.16, Rnk 5 / 13
Exports: In 2019, Canada's British Columbia exported C$ 65.5B, making it the 4th largest exporter out of the 13 exporters in Canada. In 2019 the top exports of British Columbia were Wood; coniferous species, other than of... (C$ 7.58B), Bituminous coal, not agglomerated (C$ 6.82B), Natural gas in gaseous state (C$ 5.52B), Chem wood pulp, soda or sulphate,... (C$ 3.04B), and Copper ores and concentrates (C$ 2.9B).
Imports: In 2019, Canada's British Columbia imported C$ 78.3B, making it the 3rd largest importer out of the 13 importers in Canada. In 2019 top imports of British Columbia were Light petroleum distillates nes (C$ 2.9B), Zinc ores and concentrates (C$ 1.27B), Medium Sized Cars (C$ 1.09B), Electrical energy (C$ 978M), and Vehicles; with only electric motor for... (C$ 867M).
Economic Complexity: In 2019, the highest complexity exports of British Columbia according to the product complexity index (PCI) are Tool Plates (1.98), Motor-working Tools (1.56), Metalworking Machine Parts (1.53), Other Paper Machinery (1.38), and Musical Instrument Parts (1.32). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): United States, C$ 44B
Top Product (2019): Wood; coniferous species, other than of..., C$ 7.58B
In 2019 the top export destinations of British Columbia were United States (C$ 44B), China (C$ 6.48B), Japan (C$ 4.55B), South Korea (C$ 2.66B), and India (C$ 1.58B).
In 2019 the top exports of British Columbia were Wood; coniferous species, other than of... (C$ 7.58B), Bituminous coal, not agglomerated (C$ 6.82B), Natural gas in gaseous state (C$ 5.52B), Chem wood pulp, soda or sulphate,... (C$ 3.04B), and Copper ores and concentrates (C$ 2.9B).
Top Origin (2019): United States, C$ 42.6B
Top Import (2019): Light petroleum distillates nes, C$ 2.9B
In 2019 the top import origins of British Columbia were United States (C$ 42.6B), China (C$ 12.1B), Japan (C$ 3.07B), Mexico (C$ 2.31B), and South Korea (C$ 1.67B).
In 2019 the top imports of British Columbia were Light petroleum distillates nes (C$ 2.9B), Zinc ores and concentrates (C$ 1.27B), Medium Sized Cars (C$ 1.09B), Electrical energy (C$ 978M), and Vehicles; with only electric motor for... (C$ 867M).
This section shows differences between total trade from British Columbia throughout time.
The provinces of Canada with the highest exports in 2019 were Ontario (C$ 371B), Alberta (C$ 221B), Quebec (C$ 158B), British Columbia (C$ 65.5B), and Saskatchewan (C$ 45.7B)
The provinces of Canada with the highest imports in 2019 were Ontario (C$ 559B), Quebec (C$ 122B), British Columbia (C$ 78.3B), Alberta (C$ 46.4B), and Manitoba (C$ 40.2B)
This section shows forecasts for total exports and imports from British Columbia. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
British Columbia ranks 5th out of the 13 provinces in Canada according to ECI.
Estimated using exports data.
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.
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 (0.25), Non-Iron and Steel Slag, Ash and... (0.23), Raw Furskins (0.23), Other Prepared Meat (0.23), and Fermented Milk Products (0.23).
The highest complexity exports of British Columbia according to the product complexity index (PCI) are Tool Plates (1.98), Motor-working Tools (1.56), Metalworking Machine Parts (1.53), Other Paper Machinery (1.38), and Musical Instrument Parts (1.32). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Bovine, Sheep, and Goat Fat (59), Sawn Wood (55.6), Semi chemical Woodpulp (45.8), Veneer Sheets (34.3), and Raw Zinc (29.7).
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 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.
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.
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