Overview: In January 2021 British Columbia exported C$3.47B and imported C$4.24B, resulting in a negative trade balance of C$770M. Between January 2020 and January 2021 the exports of British Columbia have increased by $494M (16.6%) from C$2.98B to C$3.47B, while imports decreased by C$-70M (-1.62%) from C$4.31B to C$4.24B.
Trade: In January 2021, the top exports of British Columbia were Sawn Wood (C$638M), Coal Briquettes (C$290M), Copper Ore (C$255M), Petroleum Gas (C$255M), and Sulfate Chemical Woodpulp (C$179M). In January 2021 the top imports of British Columbia were Cars (C$142M), Computers (C$91.8M), Telephones (C$89.9M), Refined Petroleum (C$84.4M), and Other Furniture (C$73.2M).
Destinations: In January 2021, British Columbia exported mostly to United States (C$2.1B), China (C$471M), Japan (C$242M), South Korea (C$148M), and Netherlands (C$66.9M), and imported mostly from United States (C$1.41B), China (C$1.07B), Mexico (C$190M), Japan (C$175M), and Vietnam (C$171M).
Growth: In January 2021, the increase in British Columbia's year-by-year exports was explained primarily by an increase in exports to United States (C$497M or 31%), Netherlands (C$59.2M or 763%), and Italy (C$39.8M or 811%), and product exports increase in Sawn Wood (C$378M or 145%), Electricity (C$107M or 487%), and Raw Aluminium (C$82.9M or 194%). In January 2021, the decrease in British Columbia's year-by-year imports was explained primarily by an decrease in imports from United States (C$-87.7M or -5.84%), Japan (C$-77.9M or -30.8%), and Romania (C$-66.1M or -97.6%), and product imports decrease in Refined Petroleum (C$-75.2M or -47.1%), Cars (C$-45.6M or -24.3%), and Integrated Circuits (C$-30.6M or -68.1%).