Russia-Canada Trade: In 2022, Russia exported $531M to Canada. The main products that Russia exported to Canada were Nitrogenous Fertilizers ($144M), Refined Petroleum ($42.4M), and Rubber Tires ($41.3M). Over the past 5 years the exports of Russia to Canada have decreased at an annualized rate of 7.59%, from $788M in 2017 to $531M in 2022.
In 2020, Russia exported services to Canada worth $128M, with Computer and information services ($44.5M), Other business services ($30.4M), and Transportation ($28.2M) being the largest in terms of value.
Canada-Russia Trade: In 2022, Canada exported $161M to Russia. The main products that Canada exported to Russia were Planes, Helicopters, and/or Spacecraft ($73.1M), Machinery Having Individual Functions ($13.3M), and Eggs ($8.43M). Over the past 5 years the exports of Canada to Russia have decreased at an annualized rate of 25.5%, from $701M in 2017 to $161M in 2022.
In 2020, Canada exported services to Russia worth $146M, with Transportation ($52.9M), Travel ($52.9M), and Royalties and license fees ($25.4M) being the largest in terms of value.
Comparison: In 2022, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).