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
  October 2022 September 2023r October 2023 September to October 2023 October 2022 to October 2023
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 65,947 65,931 65,981 0.1 0.1
United States 49,552 51,861 51,361 -1.0 3.7
China 3,407 2,636 2,535 -3.8 -25.6
Mexico 859 853 776 -9.0 -9.7
United Kingdom 1,134 1,109 1,084 -2.3 -4.4
Japan 1,629 1,167 1,151 -1.4 -29.4
Germany 745 571 543 -4.9 -27.2
South Korea 725 606 620 2.2 -14.5
Netherlands 542 640 840 31.1 55.0
Switzerland 377 351 538 53.3 42.8
Italy 374 205 389 89.9 3.9
Total imports 65,827 64,810 63,013 -2.8 -4.3
United States 41,063 40,857 39,271 -3.9 -4.4
China 5,709 5,180 4,919 -5.0 -13.9
Mexico 2,094 2,589 2,425 -6.3 15.8
United Kingdom 751 642 708 10.2 -5.8
Japan 1,004 1,603 1,307 -18.4 30.2
Germany 1,639 1,729 1,792 3.7 9.3
South Korea 1,048 1,092 1,073 -1.7 2.3
Netherlands 645 486 497 2.3 -23.0
Switzerland 614 706 751 6.4 22.3
Italy 793 688 790 14.8 -0.4
Trade balance 121 1,121 2,967 ... ...
United States 8,489 11,004 12,090 ... ...
China -2,302 -2,544 -2,383 ... ...
Mexico -1,235 -1,736 -1,649 ... ...
United Kingdom 383 467 376 ... ...
Japan 625 -435 -156 ... ...
Germany -894 -1,158 -1,250 ... ...
South Korea -324 -485 -453 ... ...
Netherlands -103 155 343 ... ...
Switzerland -237 -355 -213 ... ...
Italy -419 -484 -401 ... ...
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: