Canada

ECON COMPLEXITY (2018)

0.98

RANK 25 OF 137

PRODUCT EXPORTS (2018)

$431B

RANK 12 OF 222

EXPORTS PER CAPITA (2018)

$11.6K

RANK 159 OF 219

PRODUCT IMPORTS (2018)

$369B

RANK 15 OF 221

IMPORTS PER CAPITA (2018)

$9.96K

RANK 133 of 219

SERVICE EXPORTS (2018)

$82.9B

RANK 11 OF 88

SERVICE IMPORTS (2018)

$109B

RANK 9 OF 88

GDP (2018)

$1.71T

CURRENT US$
RANK 10 OF 196

GDP GROWTH (2008-2018)

10.6%

CURRENT US$
RANK 141 OF 196

GDP PC (2018)

$46,233

CURRENT US$
RANK 20 OF 196

GDP PC GROWTH (2008-2018)

-0.78%

Overview: In 2018 Canada was the number 10 economy in the world in terms of GDP (current US$), the number 12 in total exports, the number 15 in total imports, and the number 25 most complex economy according to the Economic Complexity Index (ECI). In 2018, Canada exported $431B and imported $369B, resulting in a positive trade balance of $61.6B. In 2018, Canada’s exports per capita were $11.6k and its imports per capita were $9.96k.

Trade: The top exports of Canada are Crude Petroleum ($66.6B), Cars($41B), Gold ($12.9B), Refined Petroleum ($12.3B), and Vehicle Parts($11.3B). The top imports of Canada are Cars ($29.4B), Refined Petroleum ($15.8B), Delivery Trucks ($13.7B), Crude Petroleum($12.2B), and Computers ($7.86B).

Destinations: Canada exports mostly to United States ($314B), China($21.5B), United Kingdom ($12.9B), Japan ($10.2B), and Mexico($6.99B), and imports mostly from United States ($190B), China($47.1B), Mexico ($18.3B), Germany ($12.3B), and Japan ($10.5B).

Location: Canada borders United States by land and Greenland and Saint Pierre and Miquelon by sea.

Exports

In 2018 Canada exported a total of $431B, making it the number 12 exporter in the world. During the last five reported years the exports of Canada have changed by -$14.5B from $445B in 2013 to $431B in 2018.

The most recent exports are led by Crude Petroleum ($66.6B), Cars ($41B), Gold ($12.9B), Refined Petroleum ($12.3B), and Vehicle Parts ($11.3B).

Imports

In 2018 Canada imported $369B, making it the number 15 trade destination in the world. During the last five reported years the imports of Canada changed by -$77.6B from $447B in 2013 to $369B in 2018.

The most recent imports of Canada are led by Cars ($29.4B), Refined Petroleum ($15.8B), Delivery Trucks ($13.7B), Crude Petroleum ($12.2B), and Computers ($7.86B).

Trade Balance

As of 2018 Canada had a positive trade balance of $51.2B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $30.4B in net exports.

Destinations

The most common destination for the exports of Canada are United States ($314B), China ($21.5B), United Kingdom ($12.9B), Japan ($10.2B), and Mexico ($6.99B).

Origins

The most common import partners for Canada are United States ($190B), China ($47.1B), Mexico ($18.3B), Germany ($12.3B), and Japan ($10.5B).