ManitobaProvince in Canada
2022 Economic Complexity : -0.25, Rank 6 of 10
Dec 2022 Trade Exports | Imports: C$ 1.95B | C$ 2.45B, 6 of 13 | 5 of 12
Dec 2022 Country Destination | Origin: United States | United States , C$ 1.17B | C$ 1.82B
Dec 2022 Product Exports | Imports: Soya beans: other than seed, whether or not... | Parts of turbo-jet or turbo-propeller engines , C$ 310M | C$ 169M
Overview This page contains the latest international trade data for Manitoba. In December 2022 Manitoba was the number 6 in total exports and the number 5 in total imports in Canada.
Exports In 2022, Canada's Manitoba exported C$ 20.7B, making it the 6th largest exporter out of the 13 exporters in Canada. In 2022 the top exports of Manitoba were Antibiotics nes, in dosage (C$ 1.92B), Cereals: wheat and meslin, other than... (C$ 1.53B), Vegetable oils: low erucic acid rape... (C$ 1.15B), Oil seeds: low erucic acid rape... (C$ 1.02B), and Electrical energy (C$ 870M).
Imports In 2022, Canada's Manitoba imported C$ 28.5B, making it the 5th largest importer out of the 13 importers in Canada. In 2022 top imports of Manitoba were Parts of turbo-jet or turbo-propeller engines (C$ 1.1B), Monoammonium phosphate & mix with diammonium,... (C$ 656M), Herbicides, anti-sprouting products and plant-growth regulators (C$ 483M), Combine harvester-threshers (C$ 446M), and Maize except seed corn (C$ 388M).
Economic Complexity In 2022, the highest complexity exports of Manitoba according to the product complexity index (PCI) are Pigs (0.4), Rapeseed Oil (0.36), Peat (-0.081), Rapeseed (-0.091), Coin (-0.12), Oats (-0.13), Other Frozen Vegetables (-0.22), Processed Cereals (-0.75), Chlorates and Perchlorates (-0.76), and Cereal Meal and Pellets (-1.09). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
December, 2022
Overview In December 2022 Manitoba exported C$1.95B and imported C$2.45B, resulting in a negative trade balance of C$506M. Between December 2021 and December 2022 the exports of Manitoba have increased by $558M (40.2%) from C$1.39B to C$1.95B, while imports increased by C$336M (15.9%) from C$2.12B to C$2.45B.
Trade In December 2022, the top exports of Manitoba were Soybeans (C$310M), Packaged Medicaments (C$201M), Wheat (C$159M), Rapeseed (C$122M), and Rapeseed Oil (C$110M). In December 2022 the top imports of Manitoba were Gas Turbines (C$172M), Pesticides (C$101M), Mixed Mineral or Chemical Fertilizers (C$88.1M), Cars (C$83.5M), and Tractors (C$65.8M).
Destinations In December 2022, Manitoba exported mostly to United States (C$1.17B), China (C$268M), Iran (C$103M), Japan (C$73.2M), and Mexico (C$69.9M), and imported mostly from United States (C$1.82B), China (C$139M), Mexico (C$108M), Japan (C$58M), and Germany (C$39.5M).
Growth In December 2022, the increase in Manitoba's year-by-year exports was explained primarily by an increase in exports to United States (C$123M or 13%), Japan (C$29.9M or 36.9%), and Mexico (C$6.88M or 14.6%), and product exports increase in Packaged Medicaments (C$33M or 15.7%), Crude Petroleum (C$25M or 96.3%), and Other Frozen Vegetables (C$19M or 44.8%). In December 2022, the increase in Manitoba's year-by-year imports was explained primarily by an increase in imports from United States (C$230M or 19.2%), Mexico (C$15.1M or 24.1%), and Belgium (C$14M or 313%), and product imports increase in Mixed Mineral or Chemical Fertilizers (C$37M or 69.7%), Gas Turbines (C$29.6M or 61.7%), and Electricity (C$29.1M or 2.61k%).
EXPORT GROWTH (December 2021 - December 2022): C$558M, (40.2%)
IMPORT GROWTH (December 2021 - December 2022): C$336M, (15.9%)
This section shows exports and imports data at subnational level for Manitoba. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Manitoba over time.
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Top Destination (2022): United States, C$ 15.3B
Top Product (2022): Antibiotics nes, in dosage, C$ 1.92B
In 2022 the top export destinations of Manitoba were United States (C$ 15.3B), China (C$ 1.37B), Japan (C$ 919M), Mexico (C$ 701M), and Iran (C$ 203M).
In 2022 the top exports of Manitoba were Antibiotics nes, in dosage (C$ 1.92B), Cereals: wheat and meslin, other than... (C$ 1.53B), Vegetable oils: low erucic acid rape... (C$ 1.15B), Oil seeds: low erucic acid rape... (C$ 1.02B), and Electrical energy (C$ 870M).
Fastest Growing Exports Destination (Dec 2021 - Dec 2022)
Rapidly Declining Export Origins (Dec 2021 - Dec 2022)
Top Origin (2022): United States, C$ 21.4B
Top Import (2022): Parts of turbo-jet or turbo-propeller engines, C$ 1.1B
In 2022 the top import origins of Manitoba were United States (C$ 21.4B), China (C$ 1.68B), Mexico (C$ 1.23B), Germany (C$ 642M), and Japan (C$ 396M).
In 2022 the top imports of Manitoba were Parts of turbo-jet or turbo-propeller engines (C$ 1.1B), Monoammonium phosphate & mix with diammonium,... (C$ 656M), Herbicides, anti-sprouting products and plant-growth regulators (C$ 483M), Combine harvester-threshers (C$ 446M), and Maize except seed corn (C$ 388M).
Economic Complexity (2022): -0.25
Manitoba ranks 6th out of the 13 provinces in Canada according to ECI.
The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.
Estimated using exports data.
The economic complexity of a territory can change year to year. Manitoba it is in position 6th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Manitoba already has a comparative advantage, are led by Sawn Wood (0.17), Raw Furskins (0.17), Rough Wood (0.17), Fuel Wood (0.16), and Precious Metal Ore (0.16).
The highest complexity exports of Manitoba according to the product complexity index (PCI) are Pigs (0.4), Rapeseed Oil (0.36), Peat (-0.081), Rapeseed (-0.091), Coin (-0.12), Oats (-0.13), Other Frozen Vegetables (-0.22), Processed Cereals (-0.75), Chlorates and Perchlorates (-0.76), and Cereal Meal and Pellets (-1.09). 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 Chlorates and Perchlorates (184.2), Oats (166.4), Rapeseed Oil (114.6), Coin (88.5), and Rapeseed (80.9).
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 Manitoba 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. Bubble size corresponds to exports value by year 2020.
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