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1. • Roughly $188 billion

     • From 2010 to 2021, combined crude oil and natural gas exports have ranged from approximately $50 to $120 billion per year, depending on commodity prices, before reaching a record high of roughly $188 billion in 2022.
     www.capp.ca/wp-content/uploads/2024/03/Canadian-Exports-of-Crude-Oil-and-Natural-Gas.pdf

     Canadian Exports of Crude Oil and Natural Gas - CAPP

2. People also ask

   How much oil did Canada export in 2023?

   • This growth was supported by record high Canadian oil production in 2023. In 2023, crude oil exports amounted to 81% of the country's total crude oil production 1 2. These exports were valued at $124 billion, representing 16% of Canada's total export value 3.

   Market Snapshot: Almost all Canadian crude oil exports went to the

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2024/market-snapshot-almost-all-canadian-crude-oil-exports-went-to-the-united-states-in-2023.html

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   What happened to Canada's crude oil exports in 2020?

   • Exports of crude oil accounted for 9.6% of total export values in 2020, down from 14.1% a year earlier, but remained Canada’s top exported product for the year. Meanwhile, the decline in crude oil export values contributed to an increase in Canada’s merchandise trade deficit, which more than doubled to reach $37.5 billion in 2020.

   CER | Canadian Crude Oil Exports: A 30 Year Review

   www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/report/canadian-crude-oil-exports-30-year-review/index.html

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   How have Canadian crude oil exports changed over 30 years?

   • Over those 30 years, the value of crude oil exports has increased more than fifteen-fold, accounting for 14.1% of Canada’s total exports in 2019. The Canada Energy Regulator (CER) and Statistics Canada have combined expertise to put together a 30-year look back at the evolution of Canadian crude oil exports.

   CER | Canadian Crude Oil Exports: A 30 Year Review

   www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/report/canadian-crude-oil-exports-30-year-review/index.html

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   Why is crude oil a top export product in Canada?

   • Crude oil rises to become Canada’s top exported product. Canadian crude oil export values rose significantly over the past 30 years. While export volumes increased steadily over time, volatility in export prices has generally driven the trends observed in the value of these exports.

   CER | Canadian Crude Oil Exports: A 30 Year Review

   www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/report/canadian-crude-oil-exports-30-year-review/index.html

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3. www.cer-rec.gc.ca › en › data-analysisCER – Canadian Crude Oil Exports: A 30 Year Review

   www.cer-rec.gc.ca › en › data-analysis

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   Exports of crude oil accounted for 9.6% of total export values in 2020, down from 14.1% a year earlier, but remained Canada’s top exported product for the year. Meanwhile, the decline in crude oil export values contributed to an increase in Canada’s merchandise trade deficit, which more than doubled to reach $37.5 billion in 2020.

4. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Almost all Canadian crude oil exports went ...

   www.cer-rec.gc.ca › en › data-analysis

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   Aug 21, 2024 · Crude oil exports continued to grow in 2023, reaching a record high of 4 million barrels per (MMb/d), an increase of 3% from 2022. This growth was supported by record high Canadian oil production in 2023. In 2023, crude oil exports amounted to 81% of the country's total crude oil production 1 2.

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6. www.ceicdata.com › canada › crude-oil-exportsCanada Crude Oil: Exports, 1980 – 2024 - CEIC Data

   www.ceicdata.com › canada › crude-oil-exports

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   Jun 1, 2018 · Canada Crude Oil: Exports was reported at 3,401.265 Barrel/Day th in Dec 2023. This records an increase from the previous number of 3,340.508 Barrel/Day th for Dec 2022.

   Balance Of Payments	Last	Frequency	Range
   Insolvency Statistics: Bankruptcy (Unit)	2,874.000 Jul 2024	monthly	Jan 2011 - Jul 2024
   Direct Investment Abroad: Mining & Oil ...	240,699.000 2023	yearly	1999 - 2023
   Direct Investment Abroad: Finance & ...	717,428.000 2023	yearly	1999 - 2023
   Direct Investment Abroad: Information & ...	64,456.000 2023	yearly	1999 - 2023

   See full list on ceicdata.com

7. www150.statcan.gc.ca › n1 › daily-quotidienCanadian international merchandise trade: Annual review 2022

   www150.statcan.gc.ca › n1 › daily-quotidien

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   • Exports and imports increased sharply in 2022. Context. The year 2021 was defined by strong economic recovery, including international trade, following a slowdown in the activity of several industries in Canada and elsewhere in 2020 during the first waves of the COVID-19 pandemic.
   • International trade ramped up in the first half of 2022. Energy products posted the largest increase in exports in 2022. Total exports rose 22.5% in 2022, which represented an increase of more than $142 billion.
   • Product section contribution to the annual change in exports, in current and constant dollars. The value of energy exports rose 57.1% in 2022, led by strong price increases.
   • Exports of energy products rose in the first part of 2022, then declined in the second half. Exports of crude oil (+50.8%) contributed the most to the growth in exports of energy products in 2022, largely due to strong price increases.

8. www.cer-rec.gc.ca › en › data-analysisCER – Crude Oil Export Summary

   www.cer-rec.gc.ca › en › data-analysis

   • Cached

   CER’s Commodity Tracking System, Crude Oil – Total Exports (monthly report) and Crude Oil – Total Exports per Day (yearly report) This figure shows yearly crude oil exports by type over a five-year period. The data is available in the Excel file at the top of this page.

9. www150.statcan.gc.ca › n1 › daily-quotidienExports of crude oil and bitumen - Statistics Canada

   www150.statcan.gc.ca › n1 › daily-quotidien

   • Cached

   Nov 7, 2023 · Exports of crude oil and bitumen. Data are on a balance-of-payments basis and are seasonally adjusted. Table 12-10-0121-01.

10. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Energy supply and demand, 2022 - Statistics Canada

    www150.statcan.gc.ca › n1 › daily-quotidien

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    Nov 20, 2023 · Exports of Canadian energy and energy products increased 3.6% in 2022 to 14 529 petajoules. Canada exported 78.9% of its crude oil production and 44.2% of its marketable natural gas. Imports of energy increased 2.5% to 3 789 petajoules.