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    • $124 billion

      • 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.
      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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  2. Jun 1, 2018 · Canada Crude Oil: Exports data is updated yearly, averaging 1,166.833 Barrel/Day th from Dec 1980 to 2023, with 44 observations. The data reached an all-time high of 3,401.265 Barrel/Day th in 2023 and a record low of 163.028 Barrel/Day th in 1981.

    Balance Of Payments
    Last
    Frequency
    Range
    2,874.000 Jul 2024
    monthly
    Jan 2011 - Jul 2024
    240,699.000 2023
    yearly
    1999 - 2023
    717,428.000 2023
    yearly
    1999 - 2023
    64,456.000 2023
    yearly
    1999 - 2023
  3. In 2023, Canadian crude oil exports were $139 billion, while natural gas exports were $13 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.

  4. Jul 16, 2024 · In 2023, Canada exported about 4.84 million barrels of oil per day, an increase of nearly 3.4 percent in comparison to the previous year and the highest recorded value within the period of...

  5. Mar 7, 2024 · Canadian exports of crude oil and equivalent products also reached a record high in 2023. Steadily rising since 2021, crude oil exports totalled 230.0 million cubic metres, up 3.2% from 2022. As more Canadian crude oil was exported, stocks diminished throughout 2023.

  6. Canada’s goods and service exports to the world rose 1.7% in the 4th quarter of 2023, with growth in services (+2.4%) outpacing goods (+1.5%). Energy exports, particularly crude oil volumes, contributed heavily to overall growth. Additionally, spending by foreign visitors to Canada bolstered travel services exports.

  7. The Dominion of Canada’s 5 most-valuable export products by value in 2023 were crude oil, cars, gold, refined petroleum oils, then petroleum gases. In aggregate, those major exports represent roughly one-third (32.8%) of the Canada’s overall export sales.

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