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Pricing

2022
Flag → Flag
Exports $2.46BRnk 19 / 215
2022
Flag → Flag
Top Product $399MPackaged Medicaments
2022
Flag → Flag
Exports $2.03BRnk 22 / 213
2022
Flag → Flag
Top Product $300MRadioactive Chemicals
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Canada-Australia Trade: In 2022, Canada exported $2.46B to Australia. The main products that Canada exported to Australia were Packaged Medicaments ($399M), Gold ($148M), and Sulphur ($145M). Over the past 5 years the exports of Canada to Australia have increased at an annualized rate of 9.4%, from $1.57B in 2017 to $2.46B in 2022.

In 2020, Canada exported services to Australia worth $358M, with Travel ($83.5M), Transportation ($79M), and Royalties and license fees ($77.5M) being the largest in terms of value.

Australia-Canada Trade: In 2022, Australia exported $2.03B to Canada. The main products that Australia exported to Canada were Radioactive Chemicals ($300M), Aluminium Oxide ($214M), and Precious Metal Scraps ($174M). Over the past 5 years the exports of Australia to Canada have increased at an annualized rate of 6.66%,  from $1.47B in 2017 to $2.03B in 2022.

In 2009, Australia exported services to Canada worth $614M, with Travel ($458M), Other business services ($58.6M), and Transportation ($48.3M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Latest Trends

October, 2024

About

Overview In October 2024, Canada exported C$210M and imported C$306M from Australia, resulting in a negative trade balance of C$96.1M. Between October 2023 and October 2024 the exports of Canada have decreased by C$-28M (-11.8%) from C$238M to C$210M, while imports increased by C$86.5k (0.028%) from C$306M to C$306M.

Trade In October 2024, the top exports of Canada to Australia were Gold (C$30.7M), Planes, Helicopters, and/or Spacecraft (C$21.4M), Sulphur (C$17.7M), Packaged Medicaments (C$10.3M), and Harvesting Machinery (C$8.66M). In October 2024 the top imports of Canada from Australia were Aluminium Oxide (C$43.2M), Radioactive Chemicals (C$41.9M), Therapeutic Appliances (C$14.2M), Wine (C$10.5M), and Sheep and Goat Meat (C$10.5M).

Origins In October 2024 the exports of Canada were mainly from British Columbia (C$75.4M), Ontario (C$55.8M), Quebec (C$34.4M), Alberta (C$19.8M), and Manitoba (C$9.12M), while imports destinations were mainly Quebec (C$120M), British Columbia (C$116M), Ontario (C$59.7M), Alberta (C$6.46M), and Nova Scotia (C$2.97M).

Growth In October 2024, the decrease in Canada's year-by-year exports to Australia was explained primarily by an decrease in product exports in Packaged Medicaments (C$-40.4M or -79.7%), Potassic Fertilizers (C$-19.6M or -100%), and Sawn Wood (C$-4M or -58.7%). In October 2024, the increase in Canada's year-by-year imports  from Australia was explained primarily by an increase in product imports  in Radioactive Chemicals (C$41.8M or 70k%), Therapeutic Appliances (C$9.58M or 209%), and Coated Flat-Rolled Iron (C$4.69M or 5.27k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)C$-28M(-11.8%)
IMPORT GROWTH (October 2023 - October 2024)C$86.5k(0.028%)
MAIN EXPORTER (October 2024)British ColumbiaC$75.4M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Australia and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Australia and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $2.46B to Australia. The main products exported from Canada to Australia were Packaged Medicaments ($399M), Gold ($148M), and Sulphur ($145M). During the last 5 years the exports of Canada to Australia have increased at an annualized rate of 9.4%, from $1.57B in 2017 to $2.46B in 2022.

In 2017, Australia exported $2.03B to Canada. The main products exported from Australia to Canada were Radioactive Chemicals ($300M), Aluminium Oxide ($214M), and Precious Metal Scraps ($174M). During the last 5 years the exports of Australia to Canada have increased at an annualized rate of 6.66%, from $1.47B in 2022 to $2.03B in 2017.

Exports from Canada (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Australia
Top DestinationChina$123B

This map shows whether countries import more from Canada or Australia. Each country is colored based on the difference in imports they receive from Canada and Australia or the difference in the growth in imports.

In 2022, countries that imported more from Canada than Australia included United States ($438B), United Kingdom ($12.9B), and Mexico ($7.39B).

In 2022, countries that imported more from Australia than Canada included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Australia

Flow
Scale

This chart compares trade between Canada and Australia by product, considering products traded by both, Canada and Australia.

During 2022, Canada had a large net trade with Australia in the exports of Machines ($723M), Chemical Products ($546M), and Transportation ($181M).

During 2017, Australia had a large net trade with Canada in the exports of Chemical Products ($579M), Animal Products ($261M), and Mineral Products ($252M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Australia+$61.6MGold
Top Product Potential Australia Canada+$34.2MGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Australia. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Australia (Flag) (2022)

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