Manitoba

Overview In December 2024 Manitoba exported C$1.68B and imported C$2.27B, resulting in a negative trade balance of C$593M. Between December 2023 and December 2024 the exports of Manitoba have increased by $70.4M (4.38%) from C$1.61B to C$1.68B, while imports decreased by C$-156M (-6.45%) from C$2.43B to C$2.27B.

Trade In December 2024, the top exports of Manitoba were Soybeans (C$154M), Wheat (C$145M), Pig Meat (C$127M), Rapeseed Oil (C$101M), and Rapeseed (C$69.8M). In December 2024 the top imports of Manitoba were Gas Turbines (C$201M), Tractors (C$92.7M), Mixed Mineral or Chemical Fertilizers (C$87.6M), Pesticides (C$64.2M), and Motor vehicles; parts and accessories (8701... (C$54.1M).

Destinations In December 2024, Manitoba exported mostly to United States (C$1.09B), Iran (C$79.1M), Japan (C$75.6M), Mexico (C$61.3M), and China (C$41.8M), and imported mostly from United States (C$1.66B), China (C$121M), Mexico (C$111M), Japan (C$59.3M), and Germany (C$56.9M).

Growth In December 2024, the increase in Manitoba's year-by-year exports was explained primarily by an increase in exports to United States (C$54.4M or 5.24%), Iran (C$39.8M or 101%), and Algeria (C$25.2M or 11.1k%), and product exports increase in Packaged Medicaments (C$37.5M or 531%), Rapeseed (C$17.9M or 34.4%), and Other Frozen Vegetables (C$9.01M or 15%). In December 2024, the decrease in Manitoba's year-by-year imports was explained primarily by an decrease in imports from United States (C$-160M or -8.81%), Mexico (C$-14M or -11.2%), and China (C$-9.76M or -7.46%), and product imports decrease in Harvesting Machinery (C$-52.7M or -65.8%), Large Construction Vehicles (C$-40.4M or -57.6%), and Cars (C$-27.7M or -35.5%).