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
  May 2022r April 2023r May 2023 April to May 2023 May 2022 to May 2023
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 68,227 63,961 61,529 -3.8 -9.8
United States 52,422 48,816 47,391 -2.9 -9.6
China 2,043 2,433 2,722 11.9 33.2
Mexico 739 722 873 20.9 18.1
United Kingdom 2,087 1,019 814 -20.1 -61.0
Japan 1,636 1,408 1,313 -6.8 -19.8
Germany 576 504 668 32.5 16.0
South Korea 851 796 652 -18.2 -23.4
Netherlands 512 624 688 10.3 34.3
Switzerland 242 345 193 -44.2 -20.6
Italy 246 211 116 -45.1 -52.9
Total imports 64,030 63,067 64,968 3.0 1.5
United States 39,422 40,117 40,650 1.3 3.1
China 5,791 4,913 5,097 3.7 -12.0
Mexico 1,900 2,271 2,397 5.5 26.2
United Kingdom 941 679 1,241 82.7 31.9
Japan 905 1,160 1,255 8.2 38.7
Germany 1,713 1,721 1,714 -0.4 0.1
South Korea 925 836 776 -7.1 -16.0
Netherlands 777 601 519 -13.6 -33.2
Switzerland 681 577 505 -12.4 -25.9
Italy 734 796 765 -3.9 4.2
Trade balance 4,198 894 -3,439 ... ...
United States 13,000 8,699 6,741 ... ...
China -3,748 -2,480 -2,375 ... ...
Mexico -1,161 -1,549 -1,524 ... ...
United Kingdom 1,146 339 -427 ... ...
Japan 731 248 58 ... ...
Germany -1,137 -1,217 -1,046 ... ...
South Korea -74 -39 -125 ... ...
Netherlands -265 23 169 ... ...
Switzerland -439 -232 -313 ... ...
Italy -488 -585 -649 ... ...
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: