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Trade between Canada and China

In 2024, Canada exported $28.5 billion to China and imported $57.9 billion. Canada ran a deficit of $29.4 billion with China, compared with a deficit of $34.3 billion in 2019. China was Canada’s 2nd largest trading partner (8% of its trade), and Canada was China’s 21st (2%).

Summary

Canada → China
$28.5billion
China → Canada
$57.9billion
Canada’s balance
-$29.4billion

Balance

Canada’s trade balance with China

Trade between Canada and China grew 12.9-fold since 1995

USD billions (current). Canada’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 28.5
  • Imports 57.9
  • Balance -29.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.3 billion$3.3 billion$435 thousand
1996$3.2 billion$3.6 billion-$429 million
1997$2.1 billion$4.5 billion-$2.4 billion
1998$2.3 billion$5.1 billion-$2.8 billion
1999$2.2 billion$5.9 billion-$3.7 billion
2000$3.1 billion$7.3 billion-$4.1 billion
2001$3.6 billion$7.9 billion-$4.3 billion
2002$3.5 billion$10 billion-$6.5 billion
2003$4.3 billion$13.2 billion-$8.9 billion
2004$6.5 billion$18.4 billion-$11.9 billion
2005$7.1 billion$23.9 billion-$16.8 billion
2006$7.4 billion$29.9 billion-$22.5 billion
2007$9.9 billion$35.6 billion-$25.7 billion
2008$11 billion$39.7 billion-$28.8 billion
2009$10.7 billion$34.4 billion-$23.7 billion
2010$13.8 billion$42.7 billion-$28.9 billion
2011$18.6 billion$48.1 billion-$29.4 billion
2012$20.6 billion$50.2 billion-$29.6 billion
2013$21.4 billion$50.2 billion-$28.8 billion
2014$19 billion$52.6 billion-$33.6 billion
2015$19.8 billion$47 billion-$27.2 billion
2016$16.7 billion$43 billion-$26.3 billion
2017$18.9 billion$49.7 billion-$30.8 billion
2018$23.4 billion$56.9 billion-$33.5 billion
2019$21.5 billion$55.8 billion-$34.3 billion
2020$20.2 billion$56.5 billion-$36.3 billion
2021$24.6 billion$68 billion-$43.4 billion
2022$29.9 billion$70.6 billion-$40.7 billion
2023$31.8 billion$60 billion-$28.2 billion
2024$28.5 billion$57.9 billion-$29.4 billion

What they sell each other

What Canada sells to China

The top 10 headings in 2024, with their share of the total.

  1. Gold$6.1 billion · 21.4%
    67 tonnes · Canada’s destinations
  2. Rapeseed (canola)$3 billion · 10.4%
    5.9 million tonnes · Canada’s destinations
  3. Coal$2 billion · 7.1%
    9.5 million tonnes · Canada’s destinations
  4. Iron ore$1.8 billion · 6.4%
    16.5 million tonnes · Canada’s destinations
  5. Crude petroleum$1.7 billion · 6.1%
    4.8 million tonnes · Canada’s destinations
  6. Chemical wood pulp$1.7 billion · 5.8%
    2.3 million tonnes · Canada’s destinations
  7. Copper ore$1.2 billion · 4.4%
    222 thousand tonnes · Canada’s destinations
  8. Potash fertilizers$738 million · 2.6%
    1.7 million tonnes
  9. Meal from other oilseeds$692 million · 2.4%
    2 million tonnes
  10. 52 thousand tonnes

What China sells to Canada

The top 10 headings in 2024, with their share of the total.

  1. Computers$3.9 billion · 6.8%
    13 thousand tonnes · China’s destinations
  2. 8 thousand tonnes
  3. Auto parts$1.7 billion · 2.9%
    183 thousand tonnes · China’s destinations
  4. Cars$1.5 billion · 2.6%
    88 thousand tonnes · China’s destinations
  5. Furniture$1.2 billion · 2.1%
    275 thousand tonnes · China’s destinations
  6. 20 thousand tonnes
  7. Seats and chairs$1 billion · 1.8%
    138 thousand tonnes
  8. Toys$975 million · 1.7%
    65 thousand tonnes · China’s destinations
  9. Batteries$847 million · 1.5%
    28 thousand tonnes · China’s destinations
  10. Lamps and light fittings$834 million · 1.4%
    42 thousand tonnes

How it travels

Estimated sea route from Vancouver to Shanghai.

The estimated sea route between Vancouver and Shanghai is 5,241 nautical miles (9,706 km) long: ≈ 12–15.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$62.6 billion · 72.5%
  2. Air$23.7 billion · 27.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

China was Canada’s 2nd largest trading partner (8% of its trade), and Canada was China’s 21st (2%).

China in Canada’s trade
8.1%
China’s rank among Canada’s partners
2nd
Canada in China’s trade
1.5%
Canada’s rank among China’s partners
21st

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.