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Canada – Trade Statistics

  • Canada is the 11th largest export economy in the world and the 23rd most complex economy according to the Economic Complexity Index (ECI). In 2014, Canada exported $448B and imported $440B, resulting in a positive trade balance of $7.49B. In 2014 the GDP of Canada was $1.79T and its GDP per capita was $45.1k.
  • The top exports of Canada are Crude Petroleum ($87B), Cars ($45.2B), Petroleum Gas ($15.8B), Refined Petroleum ($14.9B) and Vehicle Parts ($11B), using the 1992 revision of the HS (Harmonized System) classification.
  • Its top imports are Cars ($26.9B), Crude Petroleum ($21B), Vehicle Parts ($20.4B), Refined Petroleum ($17.9B) and Delivery Trucks ($12.7B).
  • The top export destinations of Canada are the United States ($331B), China ($18B), the United Kingdom ($10.6B), Japan ($10.2B) and Mexico ($7.81B).
  • The top import origins are the United States ($241B), China ($50.6B), Mexico ($24.5B), Germany ($13.5B) and Japan ($11.7B).
  • Canada holds a place of 14th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Canada has decreased it’s ranking from 6 to 7. But the country has increased it’s ranking from 5 to 3 in case of ‘Starting a Business’.