Canada’s Biggest Export Commodities in 2021 and 2022
07 November 2022
The year 2022 has been successful for Canadian export
businesses and intends to carry the momentum into 2023. In fact, Canada’s
exports jumped to USD 503.7 billion in 2021 from USD 389.8 billion reported a
year earlier. Certain exports have been holding strong during the previous
years. If you’re interested in joining the Canadian export business in 2023,
you might know the essential stats about Canada’s biggest exports of 2022 and
their comparison with 2021. After all, these stats can help you taking informed
decisions to gain success in your business.
Canada’s Biggest Exports in Jan-Jul
2022
If we see the stats recorded from January to July
2022, the biggest export commodity of 2022 was crude petroleum oil, followed by
gold, natural gas in the gaseous state, potassium chloride, and bituminous
coal. During Jan-Jul 2022 period, Canada’s total exports amounted to USD 351.6
billion. As compared to the same period in 2021, Canada’s exports totaled USD
282.4 billion. That means, the year 2022 reported an increase in Canadian
exports from the previous year in the given period. Here is a list of Canada’s
top 10 exports reported in Jan-Jul 2022.
|
Product |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
|
Crude Petroleum Oil |
8,310 |
8,179 |
10,837 |
10,215 |
11,431 |
11,996 |
11,867 |
|
Gold |
1,290 |
791 |
1,268 |
714 |
862 |
1,160 |
1,488 |
|
Natural Gas in Gaseous State |
1,740 |
1,374 |
1,208 |
1,402 |
1,530 |
1,272 |
1,443 |
|
Potassium Chloride |
584 |
735 |
1,115 |
945 |
1,410 |
1,340 |
1,258 |
|
Bituminous Coal |
675 |
781 |
1,050 |
1,135 |
1,052 |
1,124 |
798 |
|
Motor Cars |
845 |
726 |
964 |
1,010 |
665 |
905 |
732 |
|
Electrical Energy |
367 |
261 |
205 |
257 |
325 |
314 |
625 |
|
Medium Oils & Preparations |
363 |
359 |
457 |
529 |
592 |
584 |
571 |
|
Light Oils & Preparations |
629 |
795 |
1,008 |
966 |
947 |
699 |
544 |
|
Wheat & Meslin |
308 |
439 |
491 |
395 |
510 |
537 |
428 |
*****Value USD Million
Canada’s Biggest Exports in 2021
Canada’s total exports in 2021 amounted to USD 503.7 billion, an increase from USD 389.8 billion reported a year earlier. Crude petroleum oil was the biggest export commodity, valued at USD 81.9 billion, followed by gold, natural gas in the gaseous state, coniferous wood sawn, motor cars, Aeroplanes, potassium chloride, and bituminous coal. Visualize data of Canada’s top 10 export commodities recorded in 2021 in the given chart.
|
Product |
Value USD Million |
|
Crude Petroleum Oil |
81,962 |
|
Gold |
12,889 |
|
Natural Gas in Gaseous State |
10,691 |
|
Coniferous Wood Sawn |
10,098 |
|
Motor Cars |
17,582 |
|
Aeroplanes & Other Powered Aircrafts |
5,848 |
|
Potassium Chloride |
5,673 |
|
Bituminous Coal |
5,589 |
|
Medicaments for Therapeutic or Prophylactic
Purpose |
5,299 |
|
Iron Ores Concentrated |
5,219 |
Canada is a strong contender for a number of exports worldwide and shows no signs pf slowing down. While the most prominent industry completely overshadows the other top exports, potential investors have quite a few choices if they’re interested. We hope that this list of the biggest Canadian exports in 2022 will help you understand the market and take informed business decisions.
