British Columbia

Province 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$ 78.2B, Rnk 3/13

Top Origin (2019): C$ 42.6B, United States

Top Import (2019): C$ 2.82B, Light petroleum distillates nes

Economic Complexity (2019): -0.16, Rnk 5 / 13

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

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$ 6.84B), 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$ 78.2B, 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$ 2.82B), 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.

Yearly Exports

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Value
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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$ 4.54B), South Korea (C$ 2.64B), 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$ 6.84B), 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).

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Export Dynamics

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Fastest Growing Exports Destination (August 2019 - August 2020)

Rapidly Declining Export Origins (August 2019 - August 2020)

Yearly Imports

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Top Origin (2019): United States, C$ 42.6B

Top Import (2019): Light petroleum distillates nes, C$ 2.82B

In 2019 the top import origins of British Columbia were United States (C$ 42.6B), China (C$ 12.1B), Japan (C$ 3.05B), Mexico (C$ 2.33B), and Vietnam (C$ 1.65B).

In 2019 the top imports of British Columbia were Light petroleum distillates nes (C$ 2.82B), 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).

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Import Dynamics

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Fastest Growing Import Origins (August 2019 - August 2020)

Rapidly Declining Import Origins (August 2019 - August 2020)

Comparison in Time

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This section shows differences between total trade from British Columbia throughout time.

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.

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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 (0.25), Non-Iron and Steel Slag, Ash and... (0.23), Raw Furskins (0.23), Other Prepared Meat (0.23), and Fermented Milk Products (0.23).

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 (1.98), 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.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Bovine, Sheep, and Goat Fat (59), Sawn Wood (55.7), 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.

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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Depth
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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.