May 30, 2019. Lower exports of passenger vehicles to the United States were the main source of the decline, which was partially offset by increased exports of trucks and automotive parts. This feature is limited to our corporate solutions.You only have access to basic statistics. These products largely remain the same as in 2017, with the only exception that articles of iron or steel replaced pharmaceutical products as the 5All data is in Harmonized System (HS) classification and reported on the Customs basis, as opposed to the Balance of Payments Basis.Western Canada Select (WCS) oil prices rose over the first 5 months of 2018 before falling until November and have rebounded ever since. facts. Exports of machinery led the way, as they remained the third largest export commodity in 2018 at 7.7% of total Canadian exports.
Total natural gas imports from Canada fell to 7.8 billion cubic feet per day (Bcf/d) in 2018. Conversely, exports of automotive products and precious stones and metals saw large declines.
We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. Most notably, merchandise exports to Hong Kong recorded the fastest growth by far among Canada’s top trading partners, surging 74.6% or $1.7 billion. The European Union as a group is Canada’s second largest export market.
Relatedness is a predictive of the probability that a country increases its exports in a product.
Other leading import categories were precious stones and metals (+30.7%), plastics (+5.0%), and aircraft and parts (+12.1%). Canada Trade Statistics. "Canada: Export of Services from 2008 to 2018 (in Billion U.S. On the other hand, four out of five largest trade deficits are in processed goods.
In 2018, Canada's exports per capita were $11.6k and its imports per capita were $9.96k. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. U.S. goods exports to Canada in 2018 were $299.8 billion, up 6.1% ($17.3 billion) from 2017 and up 14.8% from 2008. Automotive exports to Mexico increased slightly, while those to China decreased by nearly 15.0% percent (mainly passenger vehicles). Business Plan Export By value, Canada is the fourth-largest forest product exporter in the world, behind the United States, China and Germany, and is the leading exporter of softwood lumber and newsprint. That dollar amount represents an 8% increase compared to 2015 but a -1.5% dip from 2018 to 2019. U.S. goods exports to Canada in 2018 were $299.8 billion, up 6.1% ($17.3 billion) from 2017 and up 14.8% from 2008.
Led by gold the gems and precious metals category represents the fastest grower among the top 10 export categories thanks to its 16.2% increase since 2018. In 2018, U.S. exports to Canada exceeded total U.S. exports to China, Japan, South Korea, and Singapore combined. Corporate Account With growth of exports to countries other than the U.S. being much higher (37.3% vs 15.2% for the U.S.), the share of energy products destined to the U.S. slipped to 89.4%, down 1.5 percentage points compared to that of 2017. The average value for Canada during that period was 28.4 percent with a minimum of 17.62 percent in 1962 and a maximum of 44.36 percent in 2000.
Profit from additional features by authenticating your Admin account Automotive products maintained its position as the top import product by rising 1.4% or $1.4 billion to reach $97.7 billion, led by imports of passenger vehicles (+4.5%, mainly Mexico and Japan) and tractors (26.2%, U.S. and Mexico), while imports of trucks posted a major decline of 11.6% or $2.4 billion (mostly from U.S. and Mexico). Merchandise trade statistics data for Canada (CAN) exports, to partner countries including trade value, number of product exported, Partner Share, and share in total products for year 2018
To explore different rankings and vary these parameters visit the custom rankings section.This section shows exports, imports and economic complexity data at subnational level for Canada.
Read more The term services includes such things as transport, tourism, financial and insurance services.
Show source "Canada: Export of services from 2008 to 2018 (in billion U.S.
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