Arkansas

Murphy Oil Banks on Canada

Murphy Oil Corporation of El Dorado, through its wholly-owned subsidiary, Murphy Oil Company Ltd., set up business in Canada in 1951. With a strategic and innovative approach to oil and natural gas exploration and development, Murphy Oil produces over 45,000 barrels of crude oil per day, while continuing to explore and expand its Canadian reserves. Murphy's interests are focused in unconventional resources, including the Montney and Duvernay in Western Canada, as well as offshore conventional assets in the Hibernia and Terra Nova fields offshore Newfoundland and Labrador.

Murphy Oil's Canadian investments comprise over a quarter of the company's annual budget.

Walmart Prospers in Canada

The world's largest corporation entered the Canadian marketplace in 1994. Walmart Canada now operates a network of more than 400 stores across the country. It is one of Canada's largest employers and fastest-growing retailers with more than 95,000 employees serving 1.2 million Canadian customers each day. These impressive numbers speak to how Walmart Canada helps our relationship with Arkansas thrive.

Investing in Arkansas

There are over 40 Canadian-owned companies operating in Arkansas and the numbers keep growing. These companies are responsible for over 4,000 jobs throughout the state. According to the Bureau of Labor Statistics data, the average salary in the Arkansas is $38,540. This means that Canadian-owned businesses are directly responsible for $157 million in salary dollars! Therefore, not only do Canadian companies pay their taxes locally, they also contribute to the local economy through these salary dollars. These companies are major contributors to Arkansas' economy!

Arkansas–Canada trade

  • Arkansas exports to Canada: $1.2 billion
  • Arkansas imports from Canada: $752 million
  • Bilateral trade: $2.0 billion
  • Arkansas services exports to Canada: $179 million

Arkansas–Canada tourism

  • Arkansas visits by Canadians: 42,700
  • Arkansas vacation spending by Canadians: $7 million

Arkansas’ top goods exports to Canada

  • Plastics & plastic articles: $101 million
  • Iron & steel tubes, pipes & sheets: $82 million
  • Cereals: $62 million
  • Paper & paperboard: $61 million
  • Railway trains & rolling stock: $54 million

Arkansas’ top goods imports from Canada

  • Aluminum & aluminum articles: $62 million
  • Paper & paperboard: $52 million
  • Inorganic chemicals: $49 million
  • Plastics & plastic articles: $47 million
  • Motor vehicle parts: $34 million

Arkansas exports to Canada by industry

  • Equipment & machinery (26%)
  • Agriculture (17%)
  • Minerals & metals (15%)
  • Transportation (10%)
  • Plastics & rubbers (9%)
  • Chemicals (9%)
  • Other (14%)

Arkansas imports from Canada by industry

  • Equipment & machinery (20%)
  • Minerals & metals (18%)
  • Chemicals (13%)
  • Forest products (12%)
  • Agriculture (11%)
  • Plastics & rubbers (8%)
  • Other (18%)

Arkansas Jobs

  • 66,600 Arkansas jobs depend on trade and investment with Canada

Arkansas top services exports to Canada

  • Business, professional & technical services: $33 million
  • Telecommunications: $14 million
  • Royalties: $11 million
  • Insurance: $3 million
  • Financial services: $1 million

Highlights

  • 66,600 jobs in Arkansas depend on Canada–U.S. trade and investment
  • Canada is Arkansas’ #1 customer
  • Total Canada–Arkansas goods trade: $2.0 billion

Connect to our team

For more information on Arkansas’ trade with Canada, please contact our trade team in Dallas.

February 2017
Unless otherwise mentioned, all figures are based on 2016 data in U.S. dollars. Statistics Canada: 2014 tourism, based on combined same-day and overnight travel (8/2016 release, US$1.00=C$1.1045). U.S. Census Bureau: goods trade, Canada’s export ranking (2/2017 release). U.S. Bureau of Economic Analysis: goods and services trade (3/2016 release). Trade Partnership: 2015 services trade (1/2017 release). Job numbers are from a study commissioned by the Government of Canada (11/2014 release, 2013 data). Figures may not add up due to rounding. Produced by the Embassy of Canada in Washington, D.C.