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

Exports: In 2020, Canada's Ontario exported C$ 187B, making it the 1st largest exporter out of the 13 exporters in Canada. In 2020 the top exports of Ontario were Gold in unwrought forms non-monetary (C$ 19.9B), Medium Sized Cars (C$ 15.1B), Large Sized Cars (C$ 13.8B), Small Sized Cars (C$ 7.6B), and Parts and accessories of bodies nes... (C$ 4.21B).

Imports: In 2020, Canada's Ontario imported C$ 338B, making it the 1st largest importer out of the 13 importers in Canada. In 2020 top imports of Ontario were Medium Sized Cars (C$ 12.1B), Gold in unwrought forms non-monetary (C$ 11B), Spark ignition engine trucks weighing <... (C$ 10B), Commodities not specified according to kind (C$ 9.56B), and Large Sized Cars (C$ 6.93B).

Economic Complexity: In 2019, the highest complexity exports of Ontario according to the product complexity index (PCI) are Rubberworking Machinery (1.72), Metal Molds (1.52), Abrasive Powder (1.2), Casting Machines (1.09), and Cars (0.98). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Time Scale
Flow
Value
Depth

EXPORT GROWTH (May 2020 - May 2021): C$4.04B, (38.2%)

IMPORT GROWTH (May 2020 - May 2021): C$9.77B, (47.6%)

This section shows exports and imports data at subnational level for Ontario. 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 Ontario over time.

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Historical Data

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Yearly Exports

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Value
Depth

Top Destination (2020): United States, C$ 144B

Top Product (2020): Gold in unwrought forms non-monetary, C$ 19.9B

In 2020 the top export destinations of Ontario were United States (C$ 144B), United Kingdom (C$ 16.3B), Germany (C$ 2.86B), Mexico (C$ 2.52B), and China (C$ 2.51B).

In 2020 the top exports of Ontario were Gold in unwrought forms non-monetary (C$ 19.9B), Medium Sized Cars (C$ 15.1B), Large Sized Cars (C$ 13.8B), Small Sized Cars (C$ 7.6B), and Parts and accessories of bodies nes... (C$ 4.21B).

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Exports Dynamics

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Fastest Growing Exports Destination (May 2020 - May 2021)

Rapidly Declining Export Origins (May 2020 - May 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): United States, C$ 176B

Top Import (2020): Medium Sized Cars, C$ 12.1B

In 2020 the top import origins of Ontario were United States (C$ 176B), China (C$ 45.7B), Mexico (C$ 23.3B), Japan (C$ 9.68B), and Germany (C$ 8.57B).

In 2020 the top imports of Ontario were Medium Sized Cars (C$ 12.1B), Gold in unwrought forms non-monetary (C$ 11B), Spark ignition engine trucks weighing <... (C$ 10B), Commodities not specified according to kind (C$ 9.56B), and Large Sized Cars (C$ 6.93B).

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Imports Dynamics

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Fastest Growing Import Origins (May 2020 - May 2021)

Rapidly Declining Import Origins (May 2020 - May 2021)

Economic Complexity

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Economic Complexity of Canada

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Economic Complexity (2020): 0.13

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.

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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.

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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 Ontario already has a comparative advantage, are led by Other Prepared Meat (0.29), Milk (0.29), Insulating Glass (0.29), Large Iron Containers (0.29), and Other Fermented Beverages (0.29).

Most Complex Products by PCI

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The highest complexity exports of Ontario according to the product complexity index (PCI) are Rubberworking Machinery (1.72), Metal Molds (1.52), Abrasive Powder (1.2), Casting Machines (1.09), and Cars (0.98). 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 Other Precious Metal Products (43.3), Armored vehicles (24.2), Nickel Mattes (21.8), Precipitated Copper (18.7), and Cucumbers (13.9).

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 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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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.