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
  July 2022 June 2023r July 2023 June to July 2023 July 2022 to July 2023
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 66,487 59,970 60,417 0.7 -9.1
United States 50,768 46,703 47,412 1.5 -6.6
China 2,242 1,860 2,437 31.0 8.7
Mexico 756 768 754 -1.9 -0.2
United Kingdom 1,719 1,021 1,048 2.7 -39.1
Japan 1,565 1,298 1,076 -17.1 -31.2
Germany 520 544 528 -3.1 1.5
South Korea 1,030 558 381 -31.7 -63.1
Netherlands 471 694 510 -26.4 8.4
Switzerland 220 416 387 -7.1 75.5
Italy 159 279 95 -66.0 -40.1
Total imports 64,788 64,887 61,404 -5.4 -5.2
United States 40,750 40,268 40,030 -0.6 -1.8
China 5,942 5,344 3,889 -27.2 -34.6
Mexico 2,155 2,287 2,305 0.8 7.0
United Kingdom 775 1,381 936 -32.3 20.7
Japan 1,028 1,202 1,138 -5.4 10.7
Germany 1,569 2,025 1,853 -8.5 18.1
South Korea 927 855 775 -9.4 -16.4
Netherlands 559 511 479 -6.3 -14.3
Switzerland 612 656 778 18.5 27.2
Italy 692 766 840 9.7 21.4
Trade balance 1,699 -4,917 -987 ... ...
United States 10,018 6,435 7,382 ... ...
China -3,700 -3,484 -1,452 ... ...
Mexico -1,400 -1,519 -1,551 ... ...
United Kingdom 944 -361 112 ... ...
Japan 537 96 -61 ... ...
Germany -1,049 -1,481 -1,325 ... ...
South Korea 104 -297 -394 ... ...
Netherlands -89 182 31 ... ...
Switzerland -392 -240 -391 ... ...
Italy -534 -486 -745 ... ...
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):
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