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Pricing

2022
Flag → Flag
Exports $25.4BRnk 2 / 215
2022
Flag → Flag
Top Product $2.69BCoal Briquettes
2022
Flag → Flag
Exports $62.1BRnk 20 / 211
2022
Flag → Flag
Top Product $2.94BBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 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$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Canada-China Trade: In 2022, Canada exported $25.4B to China. The main products that Canada exported to China were Coal Briquettes ($2.69B), Crude Petroleum ($2.29B), and Rapeseed ($1.68B). Over the past 5 years the exports of Canada to China have increased at an annualized rate of 6.68%, from $18.4B in 2017 to $25.4B in 2022.

In 2020, Canada exported services to China worth $3.68B, with Travel ($3.01B), Transportation ($362M), and Royalties and license fees ($113M) being the largest in terms of value.

China-Canada Trade: In 2022, China exported $62.1B to Canada. The main products that China exported to Canada were Broadcasting Equipment ($2.94B), Computers ($2.49B), and Office Machine Parts ($1.74B). Over the past 5 years the exports of China to Canada have increased at an annualized rate of 5.69%,  from $44.6B in 2017 to $62.1B in 2022.

In 2022, China did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$2.41B and imported C$8.47B from China, resulting in a negative trade balance of C$6.06B. Between August 2023 and August 2024 the exports of Canada have increased by C$349M (16.9%) from C$2.06B to C$2.41B, while imports increased by C$644M (8.23%) from C$7.83B to C$8.47B.

Trade In August 2024, the top exports of Canada to China were Rapeseed (C$326M), Soybeans (C$234M), Iron Ore (C$234M), Coal Briquettes (C$226M), and Sulfate Chemical Woodpulp (C$187M). In August 2024 the top imports of Canada from China were Telephones (C$892M), Computers (C$494M), Other Heating Machinery (C$452M), Motor vehicles; parts and accessories (8701... (C$195M), and Other Furniture (C$138M).

Origins In August 2024 the exports of Canada were mainly from British Columbia (C$586M), Alberta (C$526M), Saskatchewan (C$407M), Quebec (C$376M), and Ontario (C$264M), while imports destinations were mainly Ontario (C$4.54B), British Columbia (C$2.03B), Quebec (C$1.18B), Alberta (C$428M), and Manitoba (C$162M).

Growth In August 2024, the increase in Canada's year-by-year exports to China was explained primarily by an increase in product exports in Soybeans (C$216M or 1.22k%), Rapeseed (C$181M or 125%), and Iron Ore (C$141M or 151%). In August 2024, the increase in Canada's year-by-year imports  from China was explained primarily by an increase in product imports  in Other Heating Machinery (C$436M or 2.7k%), Telephones (C$207M or 30.3%), and Motor vehicles; parts and accessories (8701... (C$68.2M or 53.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$349M(16.9%)
IMPORT GROWTH (August 2023 - August 2024)C$644M(8.23%)
MAIN EXPORTER (August 2024)British ColumbiaC$586M

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 China and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore China and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $25.4B to China. The main products exported from Canada to China were Coal Briquettes ($2.69B), Crude Petroleum ($2.29B), and Rapeseed ($1.68B). During the last 5 years the exports of Canada to China have increased at an annualized rate of 6.68%, from $18.4B in 2017 to $25.4B in 2022.

In 2017, China exported $62.1B to Canada. The main products exported from China to Canada were Broadcasting Equipment ($2.94B), Computers ($2.49B), and Office Machine Parts ($1.74B). During the last 5 years the exports of China to Canada have increased at an annualized rate of 5.69%, from $44.6B in 2022 to $62.1B in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Canada than China included Bonaire ($155M), Botswana ($322M), and Saint Pierre and Miquelon ($28.2M).

In 2022, countries that imported more from China than Canada included Hong Kong ($276B), Japan ($178B), and Germany ($152B).

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

Comparative Advantage Canada - China

Flow
Scale

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

During 2022, Canada had a large net trade with China in the exports of Mineral Products ($8.22B), Vegetable Products ($5.33B), and Paper Goods ($2.46B).

During 2017, China had a large net trade with Canada in the exports of Machines ($22.5B), Miscellaneous ($7.47B), and Metals ($7.4B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada China+$2.7BCrude Petroleum
Top Product Potential China Canada+$625MComputers

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 China. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Canada.

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

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