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Monitor Report of CANADA trade and CANADA-China binational trade in 202009

 1.  Overview the trade of CANADA in goods current year until 202009

According to Dalian Infobank, in 202009CANADA's exports and imports of goods amounted to 71539.0794 million, and were down 3.93% comparing with the same period of last year. Among these, exports were down 5.49% at 35143.4514 million, and imports were down 2.38% at 36395.6279 million. And the corresponding trade deficit was 1252.1765 million and up 1157.55%.

During the current year until 202009, CANADA's total exports and imports of goods were 575148.5715 million and were down 15.06% comparing to the same period of last year. Among these, exports were 281946.7692 million and down 15.65%; imports were 293201.8023 million and down 14.49%. The total trade deficit was 11255.0331 million and up 30.21%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, JAPAN, UNITED KINGDOM were CANADA's top five trading partners. During the current year until 202009, CANADA's imports and exports to five countries/territories were 354178.5025 million, 53164.2212 million, 18892.9770 million, 13954.9353 million, 13933.2808 million. These values correspond to 61.58%, 9.24%, 3.28%, 2.43%, 2.42% of CANADA's imports and exports, and, respectively, were down 17.08%, down 3.94%, down 25.17%, down 15.28%, down 11.60% comparing to the same period of last year.

Current year until 202009, CANADA and the top five trade partners UNITED STATES, CHINA, UNITED KINGDOM, JAPAN, GERMANY are the top five countries/territories that CANADA exports to in terms of the total export amount. During the current year until 202009, CANADA's exports to these five countries/territories were 208716.6618 million, 13473.7782 million, 9619.4892 million, 6793.4895 million, 3528.6395 million. These values correspond to 74.03%, 4.78%, 3.41%, 2.41%, 1.25% of CANADA's exports and, respectively, were down 17.38%, up 2.27%, down 9.12%, down 2.96%, up 5.35% comparing with the same period of last year.

Current year until 202009, CANADA's exports to top five countries/territories UNITED STATES, CHINA, MEXICO, GERMANY, JAPAN are the top five countries/territories that CANADA imports from in terms of the total export amount. During the current year until 202009, CANADA's imports from these five countries/territories were 145461.8407 million, 39690.4430 million, 15639.4953 million, 9390.4899 million, 7161.4458 million. These values correspond to 49.61%, 13.54%, 5.33%, 3.20%, 2.44% of CANADA's total imports and, respectively, were down 16.65%, down 5.88%, down 25.67%, down 14.25%, down 24.39% comparing with the same period of last year.

During the current year until 202009, the trade surplus of CANADA was mainly from UNITED STATES, UNITED KINGDOM, NETHERLANDS, UNITED ARAB EMIRATES, HONG KONG at 63254.8210 million, 5305.6977 million, 1006.0557 million, 778.2355 million, 757.4244 million, and down 19.00%, down 1.91%, up 187.77%, up 12.55%, down 64.58%. And the trade deficits were mainly from CHINA, MEXICO, GERMANY, VIETNAM, ITALY at 26216.6648 million, 12386.0137 million, 5861.8504 million, 3740.5474 million, 2780.1911 million, and down 9.58%, down 26.42%, down 22.89%, up 15.72%, down 21.20%.

Current year until 202009, CANADA's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 87, 84, 27, 85, 71, were CANADA's top five traded commodities. They correspond to the import and export values of 72575.5395 million, 66012.1555 million, 65974.8102 million, 35173.8168 million, 28517.5837 million, which were down 30.01%, down 16.15%, down 33.02%, down 16.68%, up 24.32% comparing with the same period of last year and account for 12.62%, 11.48%, 11.47%, 6.12%, 4.96% of CANADA's total imports and exports.

During the current year until 202009, 27, 87, 84, 71, 99 were CANADA's top five traded commodities, with total import and export values of 50328.9446 million, 32439.2117 million, 21353.6610 million, 15902.5908 million, 13436.0690 million. These values correspond to 17.85%, 11.51%, 7.57%, 5.64%, 4.77% of CANADA's total exports and, respectively, were down 31.78%, down 28.94%, down 18.39%, up 3.10%, down 7.04% comparing to the same period of last year.

During the current year until 202009, 84, 87, 85, 27, 71 were CANADA's top five traded commodities, with total import values of 44658.4945 million, 40136.3278 million, 27185.3214 million, 15645.8655 million, 12614.9929 million. These values correspond to 15.23%, 13.69%, 9.27%, 5.34%, 4.30% of CANADA's total exports and, respectively, were down 15.03%, down 30.85%, down 14.98%, down 36.73%, up 67.87% comparing to the same period of last year.


2. Current year until 202009, CANADA binational trade profile

According to Dalian Infobank, during the current year until 202009, CANADA-China binational exports and imports of goods amounted to 53164.2212 million and were down 3.94% comparing with the same period of last year. Among these, exports from CANADA to China were 13473.7782 million and up 2.27%, imports from China to CANADA were 39690.4430 million and down 5.88%. The total binational trade deficit was 26216.6648 million and down 9.58%.

During the urrent year until 202009, commodities with hs2 code, 85, 84, 94, 26, 39, were binational trade's top five traded commodities. They correspond to import and export values of 8963.9814 million, 8513.1183 million, 2374.8930 million, 2223.1187 million, 2099.8235 million and makes up 16.86%, 16.01%, 4.47%, 4.18%, 3.95% of the total binational imports and exports. These values were also down 14.30%, down 1.23%, down 11.77%, up 56.91%, up 10.48% comparing to the same period last year.

During the current year until 202009, 26, 47, 02, 12, 10 were the top five traded commodities exported to China from CANADA, with export values of 2222.1068 million, 1647.7179 million, 979.5016 million, 882.5850 million, 750.5798 million. These values account for 16.49%, 12.23%, 7.27%, 6.55%, 5.57% of CANADA's total exports and were up 57.04%, down 20.64%, up 126.11%, up 45.81%, up 40.06% comparing to the same period of last year.

During the current year until 202009, 85, 84, 94, 63, 39 were CANADA's top five traded commodities importing from China , with import values of 8757.7370 million, 8213.4851 million, 2369.8303 million, 2001.6060 million, 1863.2109 million. These values account for 22.07%, 20.69%, 5.97%, 5.04%, 4.69% of CANADA's total imports and were down 14.44%, up 0.60%, down 11.72%, up 296.09%, up 8.39% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics Canada