List of the largest trading partners of Canada
Rank | Territory | Total trade |
---|---|---|
1 | United States | 751,795.8 |
– | European Union | 125,394.3 |
2 | China | 98,241.9 |
3 | Mexico | 44,231.3 |
Is Canada a major player in international trade?
International trade, including both exports and imports, is a large component of Canada’s economy, each making up about one-third of GDP. Canada’s largest trading partners are the U.S., China, and the U.K.
What are the top 5 countries Canada trades with?
Canada top 5 Export and Import partners
Exporter | Trade (US$ Mil) | Partner share(%) |
---|---|---|
United States | 197,728 | 48.84 |
China | 57,055 | 14.09 |
Mexico | 22,333 | 5.52 |
Germany | 12,882 | 3.18 |
Is Canada our biggest trading partner?
Canada is currently our 2nd largest goods trading partner with $612.1 billion in total (two way) goods trade during 2019. Goods exports totaled $292.6 billion; goods imports totaled $319.4 billion.
What is Canada’s No 1 export?
List of exports of Canada
# | Trade item | Value |
---|---|---|
1 | Crude petroleum | 75,259 |
2 | Cars | 47,632 |
3 | Refined petroleum | 18,715 |
4 | Aircraft, helicopters and spacecraft | 7,322 |
What does Canada lead the world in?
Canada ranks among the highest in international measurements of government transparency, civil liberties, quality of life, economic freedom, education levels, gender equality, public services, public security and environmental sustainability.
What 3 countries does Canada trade with the most?
Canada’s Top 5 Trading Partners
- United States—$337 billion (USD) (75.4% of total Canadian exports)
- China—$18 billion (USD) (3.9% of total Canadian exports)
- United Kingdom—US $15 billion (3.3% of total Canadian exports)
- Japan—US$9 billion (2.1% of total Canadian exports)
What countries should Canada not trade with?
Canada’s sanctions apply export/import restrictions provisions on the following countries:
- Belarus.
- Iran.
- Libya.
- North Korea.
- Russia.
- Somalia.
- Syria.
- Ukraine (linked to Russia’s ongoing violations of Ukraine’s sovereignty and territorial integrity)
What does China get from Canada?
Canada Exports to China | Value | Year |
---|---|---|
Pulp of wood, fibrous cellulosic material, waste | $2.47B | 2021 |
Oil seed, oleagic fruits, grain, seed, fruits | $1.92B | 2021 |
Cereals | $1.53B | 2021 |
Fish, crustaceans, molluscs, aquatics invertebrates | $893.13M | 2021 |
Who is Canada’s biggest importer?
Canada’s largest source of imports by far is the United States.
Who is #1 trading partner?
Who Does the U.S. Trade Most With?
Rank | U.S. Trade Partners | Goods Exports (in billion U.S. dollars) |
---|---|---|
#1 | Canada | $307.6 |
#2 | Mexico | $276.5 |
#3 | China | $151.1 |
#4 | Japan | $75.0 |
Does Canada rely on the US?
Our two countries share a deep and longstanding defence and national security partnership, providing both countries with greater security than could be achieved individually. Trade and investment between Canada and the U.S. supports millions of jobs.
Who is USA’s biggest trading partner?
List of the largest trading partners of the United States
Rank | Country/District | Total Trade |
---|---|---|
– | World | 3,888,236 |
– | European Union | 717,902 |
1 | China | 635,364 |
2 | Canada | 581,584 |
What does Canada sell to Russia?
Canada’s top imports from Russia are fertilizers, crude oil, and various metals and minerals. Canada’s top exports to Russia are industrial machinery and aircrafts.
Is Canada Number 1 in the world?
Canada has ranked number one overall according to the 2021 “Best Countries in the World” US News report. Canada also earned the top spot in “Quality of Life” and “Social Purpose.”
What does Canada supply the most?
Exports The top exports of Canada are Crude Petroleum ($47.2B), Cars ($31.8B), Gold ($14.4B), Motor vehicles; parts and accessories (8701 to 8705) ($9.06B), and Sawn Wood ($7.69B), exporting mostly to United States ($264B), China ($19.3B), United Kingdom ($13.2B), Japan ($9.44B), and Mexico ($5.26B).
What is Canada’s military rank in the world?
24
For 2020, China is ranked 3 out of 138 countries holding a PwrIndx rating of 0.0691.
Military Strength of Nations, 2020.
Rank | Country | Power Index |
---|---|---|
24 | Canada | 0.3712 |
25 | North Korea | 0.3718 |
26 | Taiwan | 0.4008 |
27 | Ukraine | 0.4457 |
Is Canada respected in the world?
Canada is the “most admired” country with the “best reputation” in the world, according to an annual survey ranking the reputations of developed nations across the globe.
How powerful is Canada in the world?
Most Powerful Countries 2022
Power Rank | Country | GDP per Capita |
---|---|---|
9 | Saudi Arabia | $23,140 |
10 | United Arab Emirates | $43,103 |
11 | Israel | $43,589 |
12 | Canada | $46,327 |
Does Canada rely on China?
China is the world’s second largest economy and is the second most important bilateral commercial partner for Canada.
Who is Canada’s top trading partner and why?
In 2019, Canada’s top trading partners for both goods exports and imports were the United States, the European Union and China (Table 1.2).