International Trade makes up a large part of the Canadian economy. It has the world's third-largest proven petroleum reserves and is the fourth largest exporter of petroleum. It is also the fourth largest exporter of natural gas. Agriclulture, aircraft, telecomunnications equipment, automotive products also make up their exports.
The United States is by far Canada's largest import partner that includes machinery and equipment, motor vehicles and parts, crude oil, chemicals, electricity, and durable goods.
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Canada is a highly developed market economy. In 2019 Canadian trade in goods and services reached CA$1.9 trillion. One of the world’s top ten trading nations, with a highly globalized economy, experiencing a relatively low level of income disparity
