Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance of payments basis, current dollars
| 2022 | 2023 | 2022 to 2023 | |
|---|---|---|---|
| millions of dollars | millions of dollars | % change | |
| Total exports | 779,188 | 768,225 | -1.4 |
| United States | 594,889 | 592,663 | -0.4 |
| China | 29,258 | 31,014 | 6.0 |
| Mexico | 9,887 | 9,565 | -3.3 |
| Japan | 18,229 | 15,975 | -12.4 |
| United Kingdom | 19,911 | 15,155 | -23.9 |
| Germany | 7,595 | 7,063 | -7.0 |
| South Korea | 8,813 | 7,050 | -20.0 |
| Netherlands | 6,595 | 7,553 | 14.5 |
| India | 5,443 | 5,239 | -3.7 |
| Italy | 2,890 | 2,708 | -6.3 |
| Total imports | 759,482 | 770,175 | 1.4 |
| United States | 473,283 | 484,034 | 2.3 |
| China | 69,635 | 60,187 | -13.6 |
| Mexico | 24,359 | 28,735 | 18.0 |
| Japan | 11,950 | 15,182 | 27.0 |
| United Kingdom | 9,900 | 10,873 | 9.8 |
| Germany | 18,726 | 21,190 | 13.2 |
| South Korea | 10,865 | 11,455 | 5.4 |
| Netherlands | 7,130 | 5,963 | -16.4 |
| India | 6,465 | 5,518 | -14.7 |
| Italy | 8,943 | 9,775 | 9.3 |
| Trade balance | 19,706 | -1,950 | ... |
| United States | 121,606 | 108,629 | ... |
| China | -40,377 | -29,173 | ... |
| Mexico | -14,472 | -19,170 | ... |
| Japan | 6,279 | 793 | ... |
| United Kingdom | 10,010 | 4,282 | ... |
| Germany | -11,131 | -14,127 | ... |
| South Korea | -2,053 | -4,404 | ... |
| Netherlands | -535 | 1,590 | ... |
| India | -1,022 | -279 | ... |
| Italy | -6,053 | -7,067 | ... |
...
not applicable
Note(s):
- Totals may not equal the sum of their components.
- Countries listed are the top 10 principal trading partners of Canada based on annual 2023 total merchandise trade data.
Source(s):
Table 12-10-0011-01.
- Date modified: