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Canada Exports (% GDP)

Canada's exports (% GDP) fell to 32.46% in 2024, down from 33.35% in 2023, according to World Bank. This represents a decrease of 0.89% from the previous year. Canada has exports (% GDP) lower than the global median (32.46% vs median 37.25%). Compared with the median in Americas, Canada is lower (32.46% vs regional median 36.99%) and ranks 21st out of 32 countries in Americas.

Canada's imports (% GDP) fell to 32.72% in 2024, down from 33.28% in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year Exports (% GDP)
2024 32.46%
2023 33.35%
2022 33.94%
2021 31.18%
2020 29.47%
2019 32.35%
2018 32.33%
2017 31.45%
2016 31.5%
2015 31.85%
2014 31.74%
2013 30.33%
2012 30.35%
2011 30.68%
2010 29.17%
2009 28.52%
2008 34.4%
2007 34.23%
2006 35.4%
2005 36.86%
2004 37.33%
2003 36.87%
2002 40.06%
2001 42.04%
2000 44.21%
1999 41.86%
1998 40.03%
1997 38.13%
1996 37.1%
1995 36.1%
1994 32.78%
1993 29.14%
1992 26.2%
1991 24.35%
1990 25.07%
1989 25.05%
1988 26.05%
1987 26%
1986 26.99%
1985 27.55%
1984 27.94%
1983 24.92%
1982 25.19%
1981 26.38%
1980 27.51%
1979 26.33%
1978 24.53%
1977 22.7%
1976 21.68%
1975 21.96%
1974 23.99%
1973 22.69%
1972 21.21%
1971 21%
1970 21.84%
1969 20.84%
1968 20.82%
1967 19.94%
1966 19.06%
1965 18.29%
1964 18.98%
1963 17.93%
1962 17.57%
1961 17.58%
Canada Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Canada compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $549.62B $568.51B 2024
Annual Imports $540.56B $559.67B 2024
Balance of Trade CAD -6.3B CAD -3.8B Aug'25
Exports CAD 60.6B CAD 62.5B Aug'25
FDI Inflows (% GDP) 2.77% 1.94% 2024
Imports CAD 66.9B CAD 66.3B Aug'25
Imports (% GDP) 32.72% 33.28% 2024
Net Trade (Goods & Services, BoP) -$5.95B $1.36B 2024
Tariff Rate 1.83% 2.06% 2022
Trade (% GDP) 65.18% 66.63% 2024