Overall Exports and Imports for Canada 2023
- The total value of exports (FOB) is US$ 567,345 million.
- The total value of imports (CIF) is US$ 558,529 million.
- At the HS6 digit level, 4,353 products are exported to 221 countries and 4,508 products are imported from 223 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Canada along with trade value are:
- Canada exported Petroleum oils and oils obtained from bituminou , worth 99,464,941.11 (US$ Thousands).
- Canada exported Gold in unwrought forms non-monetary , worth 20,445,016.20 (US$ Thousands).
- Canada exported Automobiles with reciprocating piston engine di , worth 17,765,211.45 (US$ Thousands).
- Canada exported Petroleum oils, etc, (excl. crude); preparation , worth 14,467,431.84 (US$ Thousands).
- Canada exported Automobiles with reciprocating piston engine di , worth 9,789,440.35 (US$ Thousands).
The top five imported HS 6 digit level products from world by Canada along with trade value are
- Canada imported Petroleum oils, etc, (excl. crude); preparation , worth 17,396,670.51 (US$ Thousands).
- Canada imported Automobiles with reciprocating piston engine di , worth 14,781,781.91 (US$ Thousands).
- Canada imported Petroleum oils and oils obtained from bituminou , worth 14,558,631.03 (US$ Thousands).
- Canada imported Transmission apparatus, for radioteleph incorpo , worth 12,352,738.11 (US$ Thousands).
- Canada imported Gas powered trucks with a GVW not exceeding fiv , worth 12,049,331.63 (US$ Thousands).
Canada top 5 Export and Import partners 2023
The top five countries to which Canada exported 2023 along with the partner share in percentage are:
- Canada exports to United States worth US$ 438,650 million, with a partner share of 77.32 percent.
- Canada exports to China worth US$ 22,612 million, with a partner share of 3.99 percent.
- Canada exports to Japan worth US$ 11,737 million, with a partner share of 2.07 percent.
- Canada exports to United Kingdom worth US$ 11,283 million, with a partner share of 1.99 percent.
- Canada exports to Mexico worth US$ 6,571 million, with a partner share of 1.16 percent.
The top five countries to which Canada imported goods 2023 along with the share in percentage are
- Canada imports from United States worth US$ 276,807 million, with a partner share of 49.56 percent.
- Canada imports from China worth US$ 66,087 million, with a partner share of 11.83 percent.
- Canada imports from Mexico worth US$ 34,224 million, with a partner share of 6.13 percent.
- Canada imports from Germany worth US$ 18,444 million, with a partner share of 3.30 percent.
- Canada imports from Japan worth US$ 15,331 million, with a partner share of 2.74 percent.
Canada Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Canada Raw materials exports are worth US$ 167,543 million, product share of 29.53%.
- Canada Raw materials imports are worth US$ 45,507 million, product share of 8.15%.
- Canada Intermediate goods exports are worth US$ 137,591 million, product share of 24.25%.
- Canada Intermediate goods imports are worth US$ 106,152 million, product share of 19.01%.
- Canada Consumer goods exports are worth US$ 140,852 million, product share of 24.83%.
- Canada Consumer goods imports are worth US$ 195,123 million, product share of 34.94%.
- Canada Capital goods exports are worth US$ 99,317 million, product share of 17.51%.
- Canada Capital goods imports are worth US$ 198,697 million, product share of 35.58%.
Canada Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.50.
- Index of export market penetration is 0.50.
- World Growth in percentage is 0.50 and Canada Country Growth is -2.00.
Canada Service Trade data from WDI 2023
- Canada, Service imports (BoP, current US$) is 152,515,560,178.96.
- Canada, Service exports (BoP, current US$) is 154,412,265,655.02.
- Canada, Imports of goods and services as percentage of GDP is 33.28 %.
- Canada, Exports of goods and services as percentage of GDP is 33.35 %.