Table 1 
Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars 

Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars
  February 2022r January 2023r February 2023 January to February 2023 February 2022 to February 2023
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 61,138 66,659 65,034 -2.4 6.4
United States 46,576 49,955 49,526 -0.9 6.3
China 2,168 3,010 3,150 4.7 45.3
Mexico 819 766 864 12.7 5.4
United Kingdom 1,939 1,732 1,155 -33.3 -40.4
Japan 1,570 1,508 1,504 -0.3 -4.2
Germany 497 692 519 -25.0 4.5
South Korea 698 563 535 -4.9 -23.3
Netherlands 561 541 406 -24.9 -27.7
Switzerland 233 567 498 -12.1 114.0
Italy 298 230 257 11.5 -13.7
Total imports 58,169 65,454 64,611 -1.3 11.1
United States 35,758 41,393 40,235 -2.8 12.5
China 5,654 5,242 5,332 1.7 -5.7
Mexico 1,834 2,387 2,226 -6.7 21.4
United Kingdom 853 1,010 830 -17.8 -2.8
Japan 984 1,057 1,017 -3.7 3.4
Germany 1,301 1,860 1,850 -0.5 42.1
South Korea 870 874 976 11.6 12.1
Netherlands 562 541 445 -17.8 -20.9
Switzerland 700 757 545 -28.0 -22.1
Italy 710 946 764 -19.3 7.7
Trade balance 2,969 1,204 422 ... ...
United States 10,818 8,562 9,291 ... ...
China -3,486 -2,232 -2,182 ... ...
Mexico -1,015 -1,621 -1,363 ... ...
United Kingdom 1,085 722 325 ... ...
Japan 586 451 487 ... ...
Germany -805 -1,167 -1,331 ... ...
South Korea -173 -312 -441 ... ...
Netherlands -1 -1 -39 ... ...
Switzerland -467 -190 -47 ... ...
Italy -412 -716 -507 ... ...
r
revised
...
not applicable
Note(s):
  • Totals may not equal the sum of their components as a result of rounding.
  • Countries listed are Canada's top 10 principal trading partners based on annual 2020 total merchandise trade data.
Source(s):
Date modified: