Where Does Canada Rank In Foreign Trade?

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

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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
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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).

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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).