Germany Exports to Canada was US$10.76 Billion during 2020, according to the United Nations COMTRADE database on international trade.
How much does Canada import from Germany?
Germany is Canada’s largest export market in the EU, and our sixth-largest trading partner globally, with two-way merchandise trade totalling $23.64 billion in 2020. Canadian exports to Germany were worth $6.37 billion in 2020 while Canada’s imports from Germany were $17.27 billion.
Which country exports the most to Canada?
Canada’s Top 5 Trading Partners
- United States—$337 billion (USD) (75.4% of total Canadian exports)
- China—$18 billion (USD) (3.9% of total Canadian exports)
- United Kingdom—US $15 billion (3.3% of total Canadian exports)
- Japan—US$9 billion (2.1% of total Canadian exports)
Where does Germany export to the most?
Exports The top exports of Germany are Cars ($145B), Vehicle Parts ($62.9B), Packaged Medicaments ($56.8B), Planes, Helicopters, and/or Spacecraft ($31.8B), and Blood, antisera, vaccines, toxins and cultures ($29.8B), exporting mostly to United States ($131B), France ($115B), China ($107B), Netherlands ($87.7B), and …
What is Germany’s biggest export?
- Machinery including computers: US$236.3 billion (17.1% of total exports)
- Vehicles: $211 billion (15.3%)
- Electrical machinery, equipment: $151.7 billion (11%)
- Pharmaceuticals: $97.7 billion (7.1%)
- Optical, technical, medical apparatus: $74.5 billion (5.4%)
- Plastics, plastic articles: $60.4 billion (4.4%)
Who are Canada’s top 5 export partners?
Canada top 5 Export and Import partners
|Market||Trade (US$ Mil)||Partner share(%)|
What are Canada’s top 3 exports?
List of exports of Canada
|4||Aircraft, Helicopters, and Spacecraft||7,322|
What is Canada’s main import?
The largest categories of goods that Canada imports include Automotive products ($115 billion); machinery ($69 billion); electronics ($72 billion); plastics ($45 billion); and energy ($37 billion). These imports don’t always involve the purchase of a consumer product such as a car or a laptop.
How is Germany so rich?
Judging by the importance of foreign trade for gross domestic product (GDP), Germany is the most open economy among the G7 states. The foreign trade quota is currently 84.4 per cent – that’s the sum of imports and exports in relation to GDP. In comparison, the USA quota is 26.7 per cent.
Why does Germany export so much?
In addition, two factors have exerted a strong influence on Germany’s export surplus: first, the relatively weak euro, which favours exports; second, the decline in commodity prices, which makes imports cheaper for Germany.
Why is Germany so economically successful?
The German economy has its great innovativeness and strong focus on exports to thank for its competitiveness and global networking. In high-selling sectors, such as car-making, mechanical and plant engineering, the chemicals industry and medical technology, exports account for well over half of total sales.
What are the 3 main exports of Germany?
Exports accounted for 41% of national output. The top 10 exports of Germany are vehicles, machinery, chemical goods, electronic products, electrical equipment, pharmaceuticals, transport equipment, basic metals, food products, and rubber and plastics.
Why is Germany so powerful?
German power rests primarily on the country’s economic strength. In terms of gross domestic product (GDP), Germany ranks fourth in the world, behind the United States, China, and Japan, and ahead of France and the United Kingdom. … Germany has strong economic, social, and political ties with all its neighbors.
What does Germany export to USA?
Major categories of German exports to the United States in 2019 were vehicles ($17.9 billion), pharmaceuticals ($17.6 billion), industrial machinery ($6.8 billion), medical equipment ($5.8 billion), and returned goods and reimports ($5.6 billion).