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2022
Exports $4.4BWorld Rnk 12 / 98
Flag Rnk 20 / 1210
2022
Destination $1.77B United States
2021 - 2022
FASTEST GROWING MARKET $1.77BUnited States
2022
PRODUCT COMPLEXITY IN Electricity-0.67Rnk 750 / 1025
2022
Imports $718MWorld Rnk 34 / 128
Flag Rnk 158 / 1213
2022
Origin $213M United States
2021 - 2022
FASTEST GROWING ORIGIN $213MUnited States
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $4.4B in Electricity, making it the 12th largest exporter of Electricity in the world. At the same year, Electricity was the 20th most exported product in Canada. The main destination of Electricity exports from Canada are: United States ($4.4B), Mexico ($589k), and Finland ($1.88k).

The fastest growing export markets for Electricity of Canada between 2021 and 2022 were United States ($1.77B), Mexico ($589k), and Finland ($1.88k).

Imports In 2022, Canada imported $718M in Electricity, becoming the 34th largest importer of Electricity in the world. At the same year, Electricity was the 158th most imported product in Canada. Canada imports Electricity primarily from: United States ($718M), Thailand ($12.8k), and Netherlands ($330).

The fastest growing import markets in Electricity for Canada between 2021 and 2022 were United States ($213M), Thailand ($12.8k), and Netherlands ($330).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Electricity exports accounted up to C$253M and imports accounted up to C$83.2M, resulting in a positive trade balance of C$170M. Between September 2023 and September 2024 the exports of Canada's   Electricity have decreased by C$-82.9M (-24.7%) from C$336M to C$253M, while imports decreased by C$-103M (-55.3%) from C$186M to C$83.2M.

Destinations In September 2024, Electricity were exported mostly to United States (C$253M), and were imported mostly from United States (C$83.2M), China (C$1.07k), Canada (C$419), Chinese Taipei (C$384), and Mexico (C$327).

Growth In September 2024, the decrease in Electricity's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Electricity's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$-82.9M(-24.7%)
IMPORT GROWTH (September 2023 - September 2024)C$-103M(-55.3%)
MAIN EXPORTER (September 2024)British ColumbiaC$218M
MAIN DESTINATION (September 2024)United StatesC$253M

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.4B
IMPORTS (2022)$718M
NET TRADE (2022)$3.69B

In 2022, Canada exported $4.4B in Electricity. The main destinations of Canada exports on Electricity were United States ($4.4B), Mexico ($589k), and Finland ($1.88k).

In 2022, Canada imported $718M in Electricity, mainly from United States ($718M), Thailand ($12.8k), and Netherlands ($330).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.77B (67%)
Mexico$589k (1%)
Finland$1.88k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Canada WERE (2021 - 2022):Canada-$4.84k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Electricity were:
Germany $18B
France $11.1B
Switzerland $9.26B
In 2022, Canada's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $2.12M
TOP IMPORT POTENTIALThailand+ $102k

Electricity’s highest export potential is Mexico. With an export gap of $2.12M.   Electricity’s highest import potential is Thailand with an import gap of $102k.

See methodology.

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