Overview This page contains the latest international trade data for Ontario. In October 2022 Ontario was the number 1 in total exports and the number 1 in total imports in Canada.

Exports In 2021, Canada's Ontario exported C$ 197B, making it the 1st largest exporter out of the 13 exporters in Canada. In 2021 the top exports of Ontario were Gold in unwrought forms non-monetary (C$ 15.8B), Medium Sized Cars (C$ 12.4B), Large Sized Cars (C$ 12.3B), Others parts and accessories of bodies... (C$ 4.86B), and Small Sized Cars (C$ 4.54B).

Imports In 2021, Canada's Ontario imported C$ 373B, making it the 1st largest importer out of the 13 importers in Canada. In 2021 top imports of Ontario were Medium Sized Cars (C$ 12.4B), Spark ignition Trucks < 5... (C$ 12B), Commodities not specified according to kind (C$ 11.9B), Large Sized Cars (C$ 8.36B), and Telephones for cellular networks or for... (C$ 7.62B).

Economic Complexity In 2020, the highest complexity exports of Ontario according to the product complexity index (PCI) are Nickel Powder (0.63), Other Isotopes (0.13), Other Precious Metal Products (0.077), Baked Goods (-0.31), and Tanks and Armored vehicles (-0.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

#permalink to section

Yearly Exports

#permalink to section
Value
Compare to
Depth

Top Destination (2021): United States, C$ 153B

Top Product (2021): Gold in unwrought forms non-monetary, C$ 15.8B

In 2021 the top export destinations of Ontario were United States (C$ 153B), United Kingdom (C$ 12.8B), Germany (C$ 3.07B), China (C$ 2.81B), and Norway (C$ 2.8B).

In 2021 the top exports of Ontario were Gold in unwrought forms non-monetary (C$ 15.8B), Medium Sized Cars (C$ 12.4B), Large Sized Cars (C$ 12.3B), Others parts and accessories of bodies... (C$ 4.86B), and Small Sized Cars (C$ 4.54B).

Explore Visualizations

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Oct 2021 - Oct 2022)

Rapidly Declining Export Origins (Oct 2021 - Oct 2022)

Yearly Imports

#permalink to section
Value
Depth
Compare to

Top Origin (2021): United States, C$ 196B

Top Import (2021): Medium Sized Cars, C$ 12.4B

In 2021 the top import origins of Ontario were United States (C$ 196B), China (C$ 49.4B), Mexico (C$ 25.8B), Japan (C$ 10.4B), and Germany (C$ 9.31B).

In 2021 the top imports of Ontario were Medium Sized Cars (C$ 12.4B), Spark ignition Trucks < 5... (C$ 12B), Commodities not specified according to kind (C$ 11.9B), Large Sized Cars (C$ 8.36B), and Telephones for cellular networks or for... (C$ 7.62B).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Oct 2021 - Oct 2022)

Rapidly Declining Import Origins (Oct 2021 - Oct 2022)

Economic Complexity

#permalink to section

Economic Complexity of Ontario

#permalink to section
View

Economic Complexity (2021): 0.11

Ontario ranks 1st 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.

Discover Economic Complexity

Economic Complexity Ranking

#permalink to section
Value

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

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Ontario already has a comparative advantage, are led by Rough Wood (0.34), Other Prepared Meat (0.34), Milk (0.34), Sausages (0.34), and Harvesting Machinery (0.34).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Ontario according to the product complexity index (PCI) are Nickel Powder (0.63), Other Isotopes (0.13), Other Precious Metal Products (0.077), Baked Goods (-0.31), and Tanks and Armored vehicles (-0.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Other Precious Metal Products (45.3), Tanks and Armored vehicles (29.8), Nickel Mattes (23.6), Nickel Powder (21.3), and Precipitated Copper (21.3).

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

#permalink to section

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

#permalink to section
Depth
Filter

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.