Overview This page contains the latest international trade data for Prince Edward Is., including export and import data.

Exports In 2020, Canada's Prince Edward Is. exported C$ 1.51B, making it the 10th largest exporter out of the 13 exporters in Canada. In 2020 the top exports of Prince Edward Is. were Potatoes, prepared, frozen (C$ 376M), Commodities not specified according to kind (C$ 212M), Lobsters (Homarus) frozen (C$ 162M), Potatoes, fresh or chilled except seed (C$ 116M), and Parts of turbo-jet or turbo-propeller engines (C$ 63.8M).

Imports In 2020, Canada's Prince Edward Is. imported C$ 67.6M, making it the 10th largest importer out of the 13 importers in Canada. In 2020 top imports of Prince Edward Is. were Diammonium phosphate, in packs >10 kg (C$ 10.6M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg (C$ 8.03M), Urea, including aqueous solution in packs... (C$ 6.59M), Ammonium nitrate limestone etc mixes, pack... (C$ 6.37M), and Commodities not specified according to kind (C$ 5.59M).

Economic Complexity In 2020, the highest complexity exports of Prince Edward Is. according to the product complexity index (PCI) are Nucleic Acids (1.27), Laboratory Reagents (0.88), Trailers (0.83), Industrial Food Preperation Machinery (0.78), and Electrical Control Boards (0.6). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2020): United States, C$ 1.19B

Top Product (2020): Potatoes, prepared, frozen, C$ 376M

In 2020 the top export destinations of Prince Edward Is. were United States (C$ 1.19B), Belgium (C$ 47.6M), France (C$ 36.3M), China (C$ 24.9M), and Japan (C$ 21.2M).

In 2020 the top exports of Prince Edward Is. were Potatoes, prepared, frozen (C$ 376M), Commodities not specified according to kind (C$ 212M), Lobsters (Homarus) frozen (C$ 162M), Potatoes, fresh or chilled except seed (C$ 116M), and Parts of turbo-jet or turbo-propeller engines (C$ 63.8M).

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Average price over time

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Exports Dynamics

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Fastest Growing Exports Destination (Jun 2020 - Jun 2021)

Rapidly Declining Export Origins (Jun 2020 - Jun 2021)

Yearly Imports

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Top Origin (2020): Russia, C$ 21M

Top Import (2020): Diammonium phosphate, in packs >10 kg, C$ 10.6M

In 2020 the top import origins of Prince Edward Is. were Russia (C$ 21M), United States (C$ 20M), Netherlands (C$ 8.64M), Canada (C$ 4.58M), and Morocco (C$ 3.95M).

In 2020 the top imports of Prince Edward Is. were Diammonium phosphate, in packs >10 kg (C$ 10.6M), Nitrogen-phosphorus-potassium fertilizers, pack >10kg (C$ 8.03M), Urea, including aqueous solution in packs... (C$ 6.59M), Ammonium nitrate limestone etc mixes, pack... (C$ 6.37M), and Commodities not specified according to kind (C$ 5.59M).

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Imports Dynamics

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Fastest Growing Import Origins (Jun 2020 - Jun 2021)

Rapidly Declining Import Origins (Jun 2020 - Jun 2021)

Economic Complexity

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Economic Complexity of Canada

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Economic Complexity (2020): -0.35

Prince Edward Is. 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.

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Economic Complexity Ranking

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The economic complexity of a territory can change year to year. Prince Edward Is. it is in position 6th 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 Prince Edward Is. already has a comparative advantage, are led by Non-fillet Frozen Fish (0.064), Other Vegetables (0.064), Fish Fillets (0.063), Onions (0.063), and Other Fruits (0.061).

Most Complex Products by PCI

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The highest complexity exports of Prince Edward Is. according to the product complexity index (PCI) are Nucleic Acids (1.27), Laboratory Reagents (0.88), Trailers (0.83), Industrial Food Preperation Machinery (0.78), and Electrical Control Boards (0.6). 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 Frozen Vegetables (502.6), Potatoes (314.8), Frozen Fruits and Nuts (108.4), Crustaceans (84.8), and Molluscs (49.9).

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 Prince Edward Is. 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  Prince Edward Is.. These are products that tend to be co-exported with the products that Prince Edward Is. 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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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.