Canada Trade Summary 2021

2021

Canada exports, imports, tariff by year.

Country and Region

Year

Imports/Exports

Products

TRADE SUMMARY FOR CANADA 2021

Overall Exports and Imports for Canada 2021

Exports and imports of Canada in 2021 are below, along with number of countries and products

The total value of exports (FoB) was 501,539 million.
The total value of imports (CIF) was 491,401 million.
At the HS6 digit level, 4,375 products were exported to 222 countries and 4,536 products were imported from 223 countries.

Canada top 5 Export and Import partners 2021

Top five countries to which Canada exported in 2021 are below, along with the percent of total exports that went to that country:

Canada exports to United States worth US$ 377,984 million, with a partner share of 75.36 percent.
Canada exports to China worth US$ 22,405 million, with a partner share of 4.47 percent.
Canada exports to United Kingdom worth US$ 13,155 million, with a partner share of 2.62 percent.
Canada exports to Japan worth US$ 11,570 million, with a partner share of 2.31 percent.
Canada exports to Mexico worth US$ 6,541 million, with a partner share of 1.30 percent.

Top five countries from which Canada imported goods in 2021 are below, along with percent of total imports that came from the country :

Canada imports from United States worth US$ 239,021 million, with a partner share of 48.64 percent.
Canada imports from China worth US$ 68,560 million, with a partner share of 13.95 percent.
Canada imports from Mexico worth US$ 26,995 million, with a partner share of 5.49 percent.
Canada imports from Germany worth US$ 15,140 million, with a partner share of 3.08 percent.
Canada imports from Japan worth US$ 12,324 million, with a partner share of 2.51 percent.

Canada Top 5 Productsexports imports at HS 6 digit level 2021

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 US$ 81,939,749.59 million.
Canada exported Gold in unwrought forms non-monetary , worth US$ 14,631,954.38 million.
Canada exported Coniferous wood sawn or chipped lengthwise, sli , worth US$ 13,107,065.76 million.
Canada exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 11,488,501.44 million.
Canada exported Automobiles with reciprocating piston engine di , worth US$ 11,188,691.09 million.

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 US$ 13,401,736.30 million.
Canada imported Automobiles with reciprocating piston engine di , worth US$ 13,014,746.64 million.
Canada imported Petroleum oils and oils obtained from bituminou , worth US$ 11,778,023.45 million.
Canada imported Transmission apparatus, for radioteleph incorpo , worth US$ 11,161,621.74 million.
Canada imported Gas powered trucks with a GVW not exceeding fiv , worth US$ 10,497,177.01 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Canada Raw materials exports were worth US$ 148,369 million, product share of 29.58%.
Canada Raw materials imports were worth US$ 40,753 million, product share of 8.29%.
Canada Intermediate goods exports were worth US$ 131,807 million, product share of 26.28%.
Canada Intermediate goods imports were worth US$ 102,146 million, product share of 20.79%.
Canada Consumer goods exports were worth US$ 123,726 million, product share of 24.67%.
Canada Consumer goods imports were worth US$ 174,771 million, product share of 35.57%.
Canada Capital goods exports were worth US$ 76,184 million, product share of 15.19%.
Canada Capital goods imports were worth US$ 161,532 million, product share of 32.87%.

Tariffs 2021

Tariffs imposed by Canada in 2021 are below

The maximum rate of tariff in percentage on any product was 656.39 percent.
The simple average tariff across all products was 2.06 percent.
The trade weighted average tariff was 2.35 .
The total duty free imports in thousands of US dollars were 319,185,395.05 and duty free tariff line items share was 80.38 percent.

Development Indicators 2021

Key Development Indicators of Canada in 2021 are below

Canada GDP in current US dollar was 2,001,487 million.
GNI per capita, Atlas method (current US$) was 48,720.00 .
Canada Trade balance: as % of GDP was -0.04.
Trade balance in current US$ was -829.00 million.
Trade as percentage of GDP was 61.87 .
Trade in services as percentage of GDP was 11.34 .

Trade Indicators 2021

Trade Indicators for Canada in 2021 are below

Hirschman Herfindahl market concentration index was 0.50.
Index of export market penetration was 18.22.
World Growth in percentage was 12.59 and Canada Country Growth was 14.04 .

Canada Trade Summary 2021 | WITS (2024)