Canada (CAN) and France (FRA) Trade

Canada-France Trade: In 2023, Canada exported $3.59B to France. The main products that Canada exported to France were Planes, Helicopters, and/or Spacecraft ($580M), Iron Ore ($574M), and Gas Turbines ($483M). Over the past 5 years the exports of Canada to France have increased at an annualized rate of 1.99%, from $3.26B in 2018 to $3.59B in 2023.

In 2020, Canada exported services to France worth $1.84B, with Computer and information services ($661M), Travel ($634M), and Transportation ($237M) being the largest in terms of value.

France-Canada Trade: In 2023, France exported $5.91B to Canada. The main products that France exported to Canada were Planes, Helicopters, and/or Spacecraft ($538M), Wine ($513M), and Packaged Medicaments ($291M). Over the past 5 years the exports of France to Canada have increased at an annualized rate of 2.39%, from $5.25B in 2018 to $5.91B in 2023.

In 2020, France exported services to Canada worth $1.79B, with Other business services ($560M), Transportation ($508M), and Travel ($292M) being the largest in terms of value.

Comparison: In 2023, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Latest Trends

December, 2024

About

Overview In December 2024, Canada exported C$340M and imported C$829M from France, resulting in a negative trade balance of C$489M. Between December 2023 and December 2024 the exports of Canada have increased by C$120M (54.4%) from C$220M to C$340M, while imports increased by C$132M (19%) from C$697M to C$829M.

Trade In December 2024, the top exports of Canada to France were Crude Petroleum (C$55M), Gas Turbines (C$42.9M), Iron Ore (C$26.3M), Vaccines, blood, antisera, toxins and cultures (C$17.7M), and Aircraft parts for spacecraft, UAVs, and... (C$10.9M). In December 2024 the top imports of Canada from France were Wine (C$42.6M), Planes, Helicopters, and/or Spacecraft (C$40.2M), Packaged Medicaments (C$39.3M), Aircraft parts for spacecraft, UAVs, and... (C$26.7M), and Gas Turbines (C$25.4M).

Origins In December 2024 the exports of Canada were mainly from Quebec (C$161M), Ontario (C$56.5M), Saskatchewan (C$50.4M), Alberta (C$34.6M), and Manitoba (C$15.7M), while imports destinations were mainly Quebec (C$424M), Ontario (C$303M), Alberta (C$38.4M), British Columbia (C$32.6M), and Manitoba (C$13.6M).

Growth In December 2024, the increase in Canada's year-by-year exports to France was explained primarily by an increase in product exports in Gas Turbines (C$15.5M or 56.8%), Vaccines, blood, antisera, toxins and cultures (C$6.39M or 56.5%), and Commodities not elsewhere specified (C$4.28M or 734%). In December 2024, the increase in Canada's year-by-year imports from France was explained primarily by an increase in product imports in Planes, Helicopters, and/or Spacecraft (C$22.9M or 133%), Commodities not elsewhere specified (C$15.2M or 712%), and Packaged Medicaments (C$12M or 44.1%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (December 2023 - December 2024)C$120M(54.4%)

IMPORT GROWTH (December 2023 - December 2024)C$132M(19%)

MAIN EXPORTER (December 2024)QuebecC$161M

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 France and Canada trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Canada exported $3.59B to France. The main products exported from Canada to France were Planes, Helicopters, and/or Spacecraft ($580M), Iron Ore ($574M), and Gas Turbines ($483M). During the last 5 years the exports of Canada to France have increased at an annualized rate of 1.99%, from $3.26B in 2018 to $3.59B in 2023.

In 2018, France exported $5.91B to Canada. The main products exported from France to Canada were Planes, Helicopters, and/or Spacecraft ($538M), Wine ($513M), and Packaged Medicaments ($291M). During the last 5 years the exports of France to Canada have increased at an annualized rate of 2.39%, from $5.25B in 2023 to $5.91B in 2018.

Exports from Canada () to France () (2023)

Exports from France () to Canada () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Canada
Top DestinationUnited States$410B

France
Top DestinationGermany$72.8B

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

In 2023, countries that imported more from Canada than France included United States ($410B), Mexico ($8.76B), and Japan ($13.4B).

In 2023, countries that imported more from France than Canada included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

Difference in imports from France () and Canada () (2023)

Comparative Advantage Canada - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Canada had a large net trade with France in the exports of Mineral Products ($897M), Machines ($879M), and Transportation ($714M).

During 2018, France had a large net trade with Canada in the exports of Machines ($1.24B), Chemical Products ($1.12B), and Transportation ($1.03B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Canada France+$235MCrude Petroleum

Top Product Potential France Canada+$165MPackaged Medicaments

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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Bilateral Service Trade

Fra Year

Can Year

In 2020, Canada exported services to France worth $1.84B, with Computer and information services ($661M), Travel ($634M), and Transportation ($237M) being the largest in terms of value.

In 2020, France exported services to Canada worth $1.79B, with Other business services ($560M), Transportation ($508M), and Travel ($292M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to France () (2020)

Services Exports from France () to Canada () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

Product Space of Canada () and France () (2023)

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