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
  August 2022 July 2023r August 2023 July to August 2023 August 2022 to August 2023
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 65,228 61,062 64,557 5.7 -1.0
United States 50,155 48,156 50,653 5.2 1.0
China 2,504 2,396 2,392 -0.1 -4.4
Mexico 772 761 896 17.7 16.2
United Kingdom 1,401 1,048 1,314 25.5 -6.2
Japan 1,407 1,040 1,478 42.1 5.1
Germany 880 528 624 18.2 -29.1
South Korea 590 381 489 28.4 -17.2
Netherlands 427 510 671 31.5 57.0
Switzerland 418 387 381 -1.6 -9.0
Italy 237 95 208 118.0 -12.3
Total imports 65,321 61,499 63,839 3.8 -2.3
United States 40,652 39,972 40,206 0.6 -1.1
China 6,100 3,923 4,663 18.9 -23.6
Mexico 2,048 2,346 2,341 -0.2 14.3
United Kingdom 679 964 904 -6.2 33.1
Japan 1,178 1,151 1,229 6.7 4.3
Germany 1,646 1,866 1,745 -6.5 6.0
South Korea 870 731 1,050 43.7 20.7
Netherlands 622 487 534 9.6 -14.1
Switzerland 691 778 850 9.2 23.0
Italy 725 851 858 0.8 18.3
Trade balance -93 -437 718 ... ...
United States 9,503 8,185 10,447 ... ...
China -3,597 -1,527 -2,270 ... ...
Mexico -1,276 -1,584 -1,444 ... ...
United Kingdom 722 84 410 ... ...
Japan 229 -111 249 ... ...
Germany -766 -1,338 -1,121 ... ...
South Korea -280 -350 -561 ... ...
Netherlands -194 23 137 ... ...
Switzerland -273 -392 -469 ... ...
Italy -489 -756 -651 ... ...
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: