Canada vs Italy: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

CanadaMetricItaly
$566.23BTotal exports$651.33B
$548.63BTotal imports$635.96B
$17.60BTrade balance$15.36B
$1.11TTotal trade volume$1.29T
#10Global export rank#5
#11Global import rank#9

Direct trade between Canada and Italy

CanadaItaly
$2.14B
ItalyCanada
$7.62B

Canada top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$106.16B
  • gold, non-monetary, unwrought (but not powder)$21.35B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$17.90B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$14.77B
  • in gaseous state, natural gas$10.48B

Italy top exports

  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$28.67B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$21.07B
  • of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof$10.43B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc$7.20B
  • handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather or of composition leather$6.17B

Shared top trade partners

Both countries appear as major export destinations for 6 of the same partners:

GermanyUSASwitzerlandUnited KingdomChinaNetherlands