Back Canada-EU trade in goods: €10 billion surplus

18 June 2019

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Canada was the EU's 12th largest partner for imports (2% of total extra-EU imports) and the 10th largest for EU exports (2% of total extra-EU exports) in 2018.

Infographic illustrating EU-Canada trade balance for 2018

The EU ran a trade surplus with Canada (meaning that it exported more than it imported) from 2008 to 2010. This turned into a trade deficit in 2011 and then became a surplus again in 2012, reaching €10 billion in 2018.

 

Chart showing Canada-EU trade balance between 2008 and 2018

EU exports to Canada were dominated by "machinery and vehicles", "chemicals" and "other manufactured goods", which together accounted for 81% of EU exports to Canada. The same categories accounted for almost half of EU imports from Canada (45%). At a more detailed level, in terms of value, "cars and motor vehicles" were the EU’s most exported product to Canada, while "non-monetary gold" was the main product imported into the EU from Canada.


The United Kingdom and Germany: main traders with Canada among the Member States
Among the Member States, the United Kingdom was the largest importer of goods from Canada (€12 billion), while Germany was the main exporter of goods to Canada (€10 billion) in 2018.


For further information:
•    Statistics Explained article Canada-EU international trade in goods statistics
•    Overview of statistics on international trade in goods

 

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