Ontario

Province in Canada

Exports (2019): C$ 371B, Rnk 1/13

Top Destination (2019): C$ 323B, United States

Top Export (2019): C$ 38.8B, Medium Sized Cars

Imports (2019): C$ 559B, Rnk 1/13

Top Origin (2019): C$ 391B, United States

Top Import (2019): C$ 25.9B, Spark ignition engine trucks weighing <...

Economic Complexity (2019): 0.15, Rnk 1 / 13

Exports: In 2019, Canada's Ontario exported C$ 371B, making it the 1st largest exporter out of the 13 exporters in Canada. In 2019 the top exports of Ontario were Medium Sized Cars (C$ 38.8B), Large Sized Cars (C$ 38.6B), Gold in unwrought forms non-monetary (C$ 22.7B), Small Sized Cars (C$ 15.7B), and Parts and accessories of bodies nes... (C$ 9.63B).

Imports: In 2019, Canada's Ontario imported C$ 559B, making it the 1st largest importer out of the 13 importers in Canada. In 2019 top imports of Ontario were Spark ignition engine trucks weighing <... (C$ 25.9B), Medium Sized Cars (C$ 21.2B), Large Sized Cars (C$ 19.1B), Commodities not specified according to kind (C$ 17.2B), and Parts and accessories of bodies nes... (C$ 12B).

Economic Complexity: In 2019, the highest complexity exports of Ontario according to the product complexity index (PCI) are Silicone (1.81), Fork-Lifts (1.71), Electric Soldering Equipment (1.65), Polyamides (1.65), and Acrylic Polymers (1.61). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): United States, C$ 323B

Top Product (2019): Medium Sized Cars, C$ 38.8B

In 2019 the top export destinations of Ontario were United States (C$ 323B), United Kingdom (C$ 16.1B), Mexico (C$ 3B), China (C$ 2.94B), and Hong Kong (C$ 2.91B).

In 2019 the top exports of Ontario were Medium Sized Cars (C$ 38.8B), Large Sized Cars (C$ 38.6B), Gold in unwrought forms non-monetary (C$ 22.7B), Small Sized Cars (C$ 15.7B), and Parts and accessories of bodies nes... (C$ 9.63B).

Export Dynamics

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Fastest Growing Exports Destination (April 2019 - April 2020)

Rapidly Declining Export Origins (April 2019 - April 2020)

Value
Depth

Top Origin (2019): United States, C$ 391B

Top Import (2019): Spark ignition engine trucks weighing <..., C$ 25.9B

In 2019 the top import origins of Ontario were United States (C$ 391B), China (C$ 45.1B), Mexico (C$ 29B), Japan (C$ 11.7B), and Germany (C$ 9.58B).

In 2019 the top imports of Ontario were Spark ignition engine trucks weighing <... (C$ 25.9B), Medium Sized Cars (C$ 21.2B), Large Sized Cars (C$ 19.1B), Commodities not specified according to kind (C$ 17.2B), and Parts and accessories of bodies nes... (C$ 12B).

Import Dynamics

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Fastest Growing Import Origins (April 2019 - April 2020)

Rapidly Declining Import Origins (April 2019 - April 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Ontario throughout time.

Comparison Map

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Value

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 Ontario. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of Canada

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Ontario ranks 1st out of the 13 provinces in Canada according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Ontario it is in position 1st considering its ECI in the last year.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Ontario already has a comparative advantage, are led by Other Prepared Meat (0.32), Milk (0.32), Sausages (0.32), Specialized Vehicles (0.32), and Barley (0.32).

Most Complex Products by PCI

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The highest complexity exports of Ontario according to the product complexity index (PCI) are Silicone (1.81), Fork-Lifts (1.71), Electric Soldering Equipment (1.65), Polyamides (1.65), and Acrylic Polymers (1.61). 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 Armored vehicles (42.2), Other Precious Metal Products (19.6), Nickel Powder (13.3), Nickel Mattes (11.3), and Cucumbers (11).

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 Ontario 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  Ontario. These are products that tend to be co-exported with the products that Ontario 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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Filter
Depth

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.