Manitoba's Profile
Economic Indicators in 2021
- Gross domestic product (GDP): $79.8 billion
- GDP per capita: $57,400
- Population: 1.4 million
- International merchandise exports and imports: 41.9% of GDP
Economic Activity by Sector in 2022
- Goods: 28.7% of GDP
- Manufacturing: 10.6% of total GDP
- Construction: 6.5% of total GDP
- Services: 71.3% of GDP
- Real estate, and rental and leasing: 13.1% of total GDP
- Health care and social assistance: 9.7% of total GDP
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Alexia Lagacé-Roy
Research and Education
Publication No. 2023-503-E
16 August 2023
Manitoba's Merchandise Trade
Manitoba's merchandise trade with the world in 2021: $33.5 billion
- Exports: $15.4 billion, a 10.5% increase from 2020
- Imports: $18.1 billion, an 8.1% increase from 2020
Trade deficit in 2021: $2.8 billion, a decrease from $2.9 billion in 2020
Exports in 2021: 2.4% of the total value of Canadian exports, a decrease from 2.7% in 2020
Imports in 2021: 2.8% of the total value of Canadian imports, a decrease from 2.9% in 2020
Exports as a percentage of GDP in 2021:
- Manitoba – 19.2%, an increase from 18.9% in 2020
- Canada – 25.2%, an increase from 23.5% in 2020
Imports as a percentage of GDP in 2021:
- Manitoba – 22.7%, a decrease from 22.8% in 2020
- Canada – 26.0%, a decrease from 26.4% in 2020
Exports in 2022:
- Resource-based goods – 26.9%, an increase from 26.4% in 2021
- Manufactured goods – 73.1%, a decrease from 73.6% in 2021
Highest-valued exports in 2022: Medications and wheat, together accounting for 20.4% of the total value of provincial exports
- Medications: $2.7 billion, an increase from $2.2 billion in 2021
- Wheat: $1.6 billion, an increase from $1.3 billion in 2021
Major export destinations, by region, in 2022:
- United States, at 73.4% of the total value of exports
- Asia, at 15.0% of the total value of exports
- Americas (excl. U.S.), at 5.8% of the total value of exports
Major export destinations, by country, in 2022:
- United States, at $15.3 billion
- China, at $1.4 billion
- Japan, at $923.4 million
Manitoba's Services Trade
Manitoba's services trade with the world in 2021: $5.2 billion
- Exports: $2.6 billion, a 4.5% decrease from 2020
- Imports: $2.6 billion, a 4.5% decrease from 2020
Trade deficit in 2021: $11 million, an increase from $10 million in 2020