2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

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 6.86%, from $44.6B in 2017 to $62.1B in 2022.

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

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 4.12%,  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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 6.86%, from $44.6B in 2017 to $62.1B in 2022.

In 2017, 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 4.12%, from $18.4B in 2022 to $25.4B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Canada
Top Destination
United States$438B

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

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

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

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

Comparative Advantage China - Canada

Flow
Scale

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

During 2022, China had a large net trade with Canada in the exports of Machines ($22.5B), Miscellaneous ($7.47B), and Metals ($7.4B).

During 2017, 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).

Potential Exports

Potential Exports

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

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

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.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to China (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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