Country export capability

Canada
export capability

A reported view of Canada's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

CAN1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$572.2B2024 reported value
Latest imports$547.2B2024 reported value
Trade balance$25.0BExports minus imports
Export growth-1.3%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Canada export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Canada recorded $572.2B in exports and $547.2B in imports. The resulting $25.0B trade balance gives the latest country-level position a clear context.

Exports changed -1.3% year on year and show a calculated +4.6% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

USA, Puerto Rico and US Virgin Islands received $413.1B in reported exports, representing 72.2% of the latest country total. Mineral fuels was the largest displayed HS2 export sector at $145.7B and 25.5% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Canada's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$2.2T2024 macro context
GDP per capita$54.3KCurrent-dollar GDP
Population41.3MReported population
Labor force21.1KReported labor force
Investment rate22.9%National investment rate
Savings rate21.8%National savings rate
Trade openness51%Exports + imports / GDP
Exports / GDP26.1%Merchandise exports / GDP
Secondary education98.3%Education context
Tertiary education50.1%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Canada
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
USA, Puerto Rico and US Virgin IslandsUSAHigh attention59%22%2.3%Buyer-market concentration is the largest observed corridor exposure
ChinaCHNHigh attention80.9%15.9%30.2%Tariff, distance or agreement conditions create market-access friction
JapanJPNCritical attention98.9%32.2%4%Tariff, distance or agreement conditions create market-access friction
NorwayNORCritical attention87.8%54.9%3.5%Buyer-market concentration is the largest observed corridor exposure
United KingdomGBRWatch9.5%10.5%Not reportedBuyer-market concentration is the largest observed corridor exposure
BrazilBRACritical attention88.3%48.9%28.8%Tariff, distance or agreement conditions create market-access friction
Saudi ArabiaSAUCritical attention85.4%43.5%9.9%Tariff, distance or agreement conditions create market-access friction
MexicoMEXHigh attention65.9%24.6%9.9%Buyer-market concentration is the largest observed corridor exposure
IndiaINDCritical attention90.1%23.5%53.2%Tariff, distance or agreement conditions create market-access friction
IndonesiaIDNCritical attention51%31.9%17.9%Tariff, distance or agreement conditions create market-access friction

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Canada
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 260111 · Iron ores and concentrates: non-agglomerated$111.0B$116.2B1.6%Growing -2.6%
2ChinaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$291.6B$93.9B1%Accelerating -6.7%
3ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Stable +10.5%
4IndiaHS6 270900 · Oils: petroleum oils and oils obtained from bituminous minerals, crude$130.1B$72.2B0.4%Accelerating -0.5%
5ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Stable +20.6%
6ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Slowing +4%
7ChinaHS6 120190 · Soya beans: other than seed, whether or not broken$47.8B$61.3B1.1%Growing -13.5%
8USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.5B0.4%Stable -8.8%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Canada.
All HS4 export lines2024 ranking
Top HS4 export lines for Canada
RankHS4Parent HS2 sectorExportsShareActive HS6
12709HS4 detail codeMineral fuels (27) ↗$107.4B18.8%1
27108HS4 detail codePrecious stones and metals (71) ↗$39.6B6.9%3
38703HS4 detail codeVehicles (87) ↗$30.8B5.4%14
42710HS4 detail codeMineral fuels (27) ↗$14.9B2.6%5
58708HS4 detail codeVehicles (87) ↗$13.0B2.3%14
63004HS4 detail codePharmaceutical products (30) ↗$11.5B2%12
72711HS4 detail codeMineral fuels (27) ↗$10.2B1.8%7
88411HS4 detail codeMachinery (84) ↗$10.0B1.7%8
98802HS4 detail codeAircraft (88) ↗$10.0B1.7%6
107601HS4 detail codeAluminium (76) ↗$8.4B1.5%2
118704HS4 detail codeVehicles (87) ↗$7.6B1.3%7
121001HS4 detail codeCereals (10) ↗$7.6B1.3%4

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Canada combines $572.2B in exports with a broad partner network.

In 2024, Canada recorded $572.2B in reported exports and $547.2B in imports, producing a reported trade surplus of $25.0B. Exports changed -1.3% year on year and +4.6% annualized over three years. Mineral fuels (HS2 27) was the largest displayed export sector by value.

Destination network

Where Canada exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Canada
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1USA, Puerto Rico and US Virgin IslandsUSA$413.1B72.2%-3.3%+4.4%
2ChinaCHN$33.0B5.8%-0.5%+8.2%
3United KingdomGBR$22.2B3.9%+76.5%+18.3%
4JapanJPN$11.3B2%-9.4%-2.8%
5MexicoMEX$9.8B1.7%-3.1%+2.4%
6Switzerland, LiechtensteinCHE$6.2B1.1%+22.6%+28.8%
7Republic of KoreaKOR$5.9B1%+8.7%+2.7%
8GermanyDEU$5.7B1%-5%-0.2%
9IndiaIND$5.3B0.9%-1.5%+28.2%
10NetherlandsNLD$4.5B0.8%-7.6%+10.6%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$449.4B
2014
$466.5B
2015
$400.1B
2016
$375.2B
2017
$409.4B
2018
$446.5B
2019
$448.5B
2020
$386.6B
2021
$499.8B
2022
$597.1B
2023
$579.6B
2024
$572.2B

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets51Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners1Country context
Shared-language partners112Country context
Average partner distance8,859 kmCalculated average
Partners with FTA18.9%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share58.9%

Covered value under attention

Critical share7.1%

Covered value marked critical

Below historical peak22.2%

Distance below route peaks

FTA-covered exports87%

Covered value with FTA context

Weighted tariff context0.1%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: High trade volatility.

Momentum score0.5

History-based indicator

Partner concentration5,273.8

Partner HHI

Product concentration433.3

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3CAN
Exports Usd$572.2B
Imports Usd$547.2B
Trade Balance Usd$25.0B
Yoy Exports Growth Pct-1.3%
Yoy Imports Growth Pct-2.1%
Exports Cagr 3y Pct4.6%
Imports Cagr 3y Pct3.5%
Export Partner Hhi5,273.8
Export Product Hhi433.3
Momentum Score0.5
Risk Score28.5
Gdp Million Usd2,243,636.83 million USD
Gdp Per Capita Usd$54.3K
Population41,288,599
Labor Force21,086.4
Investment Rate Pct22.9%
Savings Rate Pct21.8%
Secondary Education Pct98.3%
Tertiary Education Pct50.1%
Total Factor Productivity2,392.8
Trade Openness Pct51%
Exports Gdp Pct26.1%
Num Active Partners270
Num Fta Partners51
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners1
Num Shared Language Partners112
Avg Partner Distance Km8,859 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta19
Pct Partners Shared Language41
Pct Partners Shared Border0
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km8,696
Num Border Partners30
Num Colonial Partners50
Avg Substitution Elasticity-10.8
Pct Products High Elasticity76
Pct Products Low Elasticity3
Real Market Potential338,236.4
Foreign Market Potential21,785

Exposure fields

Country Iso3CAN
All History Lane Count39,387
Current Lane Count30,193
Critical Lane Count346
High Attention Lane Count4,841
High Volatility Lane Count16,768
Unrecovered Drawdown Lane Count16,546
Declining Demand Lane Count180
Concentrated Market Lane Count12,725
Access Friction Lane Count8,899
Buyer Macro Weakness Lane Count1,743
Monitored Exports Current Usd$566.2B
Attention Exports Usd$333.6B
Critical Exports Usd$40.1B
High Volatility Exports Usd$106.2B
Unrecovered Drawdown Exports Usd$76.9B
Non Fta Exports Usd$72.6B
Monitored Attention Share Pct58.9%
Monitored Critical Share Pct7.1%
Fta Covered Exports Share Pct87%
Export Weighted Volatility Cv0.8
Export Weighted Below Peak Pct22.2%
Export Weighted Distance Km2,654 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$572.2B
Total Imports Latest Usd$547.2B
Trade Balance Latest Usd$25.0B
Exports Yoy Latest Pct-1.3%
Exports Cagr 3y Latest Pct4.6%
Gdp Latest Million Usd2,243,636.83 million USD
Gdp Per Capita Latest Usd$54.3K
Population Latest41,288,599
Investment Rate Latest Pct22.9%
Savings Rate Latest Pct21.8%
Trade Openness Latest Pct51%
Exports Gdp Latest Pct26.1%
Active Partners Latest270
Fta Partners Latest51
Foreign Market Potential Latest21,785
Gdp 5y Cagr Pct5.2%
Gdp Per Capita 5y Cagr Pct3.2%
Population 5y Cagr Pct1.9%
Partner Hhi Latest5,273.8
Partner Top1 Share Latest Pct72.2%
Partner Top3 Share Latest Pct81.8%
Partner Hhi All Avg5,935.9
Partner Hhi All Max7,123.5
Product Hhi Latest433.3
Product Top1 Share Latest Pct18.8%
Product Top3 Share Latest Pct28%
Product Hhi All Avg279.1
Product Hhi All Max481.6
Total Exports Attention Share Pct58.3%
Total Exports Critical Share Pct7%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$185.7B$158.4B$27.3BNot reportedNot reported
1996$197.8B$168.2B$29.6B+6.5%Not reported
1997$212.6B$192.3B$20.3B+7.5%Not reported
1998$213.0B$195.4B$17.6B+0.2%+4.7%
1999$237.7B$208.5B$29.2B+11.6%+6.3%
2000$276.2B$231.4B$44.8B+16.2%+9.1%
2001$259.0B$216.0B$43.0B-6.2%+6.7%
2002$252.8B$217.6B$35.3B-2.4%+2.1%
2003$269.1B$233.4B$35.7B+6.4%-0.9%
2004$321.2B$263.1B$58.1B+19.4%+7.4%
2005$363.6B$301.1B$62.5B+13.2%+12.9%
2006$376.1B$333.8B$42.2B+3.4%+11.8%
2007$405.9B$363.5B$42.4B+7.9%+8.1%
2008$443.4B$388.9B$54.4B+9.2%+6.8%
2009$307.2B$309.7B-$2.4B-30.7%-6.5%
2010$379.0B$376.4B$2.6B+23.4%-2.3%
2011$440.7B$428.6B$12.2B+16.3%-0.2%
2012$445.6B$442.2B$3.4B+1.1%+13.2%
2013$449.4B$444.7B$4.7B+0.9%+5.8%
2014$466.5B$446.2B$20.3B+3.8%+1.9%
2015$400.1B$415.4B-$15.3B-14.2%-3.5%
2016$375.2B$397.6B-$22.4B-6.2%-5.8%
2017$409.4B$428.3B-$18.9B+9.1%-4.3%
2018$446.5B$458.9B-$12.4B+9.1%+3.7%
2019$448.5B$452.8B-$4.3B+0.4%+6.1%
2020$386.6B$407.2B-$20.6B-13.8%-1.9%
2021$499.8B$494.0B$5.7B+29.3%+3.8%
2022$597.1B$574.1B$23.0B+19.5%+10%
2023$579.6B$558.9B$20.8B-2.9%+14.5%
2024$572.2B$547.2B$25.0B-1.3%+4.6%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
127Mineral fuels$145.7B25.5%15843
287Vehicles$56.5B9.9%18487
371Precious stones and metals$47.4B8.3%14051
484Machinery$43.2B7.5%192515
585Electrical machinery$17.6B3.1%190262
639Plastics$16.2B2.8%189129
788Aircraft$14.4B2.5%16315
844Wood and wood articles$13.3B2.3%155102
930Pharmaceutical products$13.0B2.3%17443
1076Aluminium$12.8B2.2%16435

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
12709Mineral fuels (27)$107.4B18.8%1
27108Precious stones and metals (71)$39.6B6.9%3
38703Vehicles (87)$30.8B5.4%14
42710Mineral fuels (27)$14.9B2.6%5
58708Vehicles (87)$13.0B2.3%14
63004Pharmaceutical products (30)$11.5B2%12
72711Mineral fuels (27)$10.2B1.8%7
88411Machinery (84)$10.0B1.7%8
98802Aircraft (88)$10.0B1.7%6
107601Aluminium (76)$8.4B1.5%2
118704Vehicles (87)$7.6B1.3%7
121001Cereals (10)$7.6B1.3%4

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1USA, Puerto Rico and US Virgin IslandsUSA$413.1B72.2%-3.3%+4.4%
2ChinaCHN$33.0B5.8%-0.5%+8.2%
3United KingdomGBR$22.2B3.9%+76.5%+18.3%
4JapanJPN$11.3B2%-9.4%-2.8%
5MexicoMEX$9.8B1.7%-3.1%+2.4%
6Switzerland, LiechtensteinCHE$6.2B1.1%+22.6%+28.8%
7Republic of KoreaKOR$5.9B1%+8.7%+2.7%
8GermanyDEU$5.7B1%-5%-0.2%
9IndiaIND$5.3B0.9%-1.5%+28.2%
10NetherlandsNLD$4.5B0.8%-7.6%+10.6%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1USA, Puerto Rico and US Virgin Islands (USA)High attention59%22%2.3%Buyer-market concentration is the largest observed corridor exposure
2China (CHN)High attention80.9%15.9%30.2%Tariff, distance or agreement conditions create market-access friction
3Japan (JPN)Critical attention98.9%32.2%4%Tariff, distance or agreement conditions create market-access friction
4Norway (NOR)Critical attention87.8%54.9%3.5%Buyer-market concentration is the largest observed corridor exposure
5United Kingdom (GBR)Watch9.5%10.5%Not reportedBuyer-market concentration is the largest observed corridor exposure
6Brazil (BRA)Critical attention88.3%48.9%28.8%Tariff, distance or agreement conditions create market-access friction
7Saudi Arabia (SAU)Critical attention85.4%43.5%9.9%Tariff, distance or agreement conditions create market-access friction
8Mexico (MEX)High attention65.9%24.6%9.9%Buyer-market concentration is the largest observed corridor exposure
9India (IND)Critical attention90.1%23.5%53.2%Tariff, distance or agreement conditions create market-access friction
10Indonesia (IDN)Critical attention51%31.9%17.9%Tariff, distance or agreement conditions create market-access friction

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Albania (ALB)902129new$18.3M0.8%100
2Angola (AGO)902221new$753.5K42%100
3Barbados (BRB)871000new$399.9K100%100
4Democratic Republic of the Congo (COD)220710new$20.9M1.1%100
5Belgium (BEL)200911new$284.6M0.1%100
6Bulgaria (BGR)841931new$948.6K13.7%100
7Costa Rica (CRI)854079new$148.3K100%100
8Bulgaria (BGR)120590new$49.4M12.2%100
9Belgium (BEL)030562new$262.3K59.2%100
10Bulgaria (BGR)293134new$1.5M26.8%100

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)260111$111.0B$116.2B1.6%Growing (-2.6%)
2China (CHN)270900$291.6B$93.9B1%Accelerating (-6.7%)
3China (CHN)854231$158.0B$93.1B0%Stable (+10.5%)
4India (IND)270900$130.1B$72.2B0.4%Accelerating (-0.5%)
5China (CHN)854232$80.6B$65.7B0%Stable (+20.6%)
6China (CHN)854239$81.8B$61.4B0%Slowing (+4%)
7China (CHN)120190$47.8B$61.3B1.1%Growing (-13.5%)
8USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.5B0.4%Stable (-8.8%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Canada export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Canada export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Canada.

What is the latest reported export value for Canada?

Canada recorded $572.2B in reported exports in 2024.

Which markets receive the most exports from Canada?

USA, Puerto Rico and US Virgin Islands leads by reported export value at $413.1B in 2024. Five destination lanes are highlighted.

Which sectors lead Canada's exports?

Mineral fuels leads by reported value at $145.7B. Five HS2 chapters are highlighted.

How many years of Canada trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Compare countries, products, sectors, and routes using the available trade evidence and definitions.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.