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 2023 June 2024r July 2024 June to July 2024 July 2023 to July 2024
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 61,434 65,918 65,658 -0.4 6.9
United States 48,363 50,117 51,086 1.9 5.6
China 2,426 2,538 2,729 7.5 12.5
Mexico 772 655 962 47.0 24.6
Japan 1,055 1,129 1,068 -5.4 1.2
United Kingdom 1,213 2,998 1,909 -36.3 57.4
Germany 529 517 644 24.7 21.8
South Korea 382 614 737 20.0 93.1
Netherlands 511 586 558 -4.9 9.1
India 380 661 392 -40.7 3.1
Italy 96 366 366 0.1 283.1
Total imports 62,252 66,097 64,974 -1.7 4.4
United States 40,065 41,116 39,771 -3.3 -0.7
China 3,952 5,463 5,168 -5.4 30.8
Mexico 2,404 2,718 2,589 -4.7 7.7
Japan 1,168 1,457 1,383 -5.1 18.4
United Kingdom 952 616 797 29.5 -16.2
Germany 1,839 1,739 1,565 -10.0 -14.9
South Korea 725 1,465 1,256 -14.3 73.1
Netherlands 471 592 593 0.1 25.9
India 423 517 445 -13.9 5.0
Italy 866 770 769 -0.2 -11.3
Trade balance -818 -179 684 ... ...
United States 8,299 9,001 11,315 ... ...
China -1,526 -2,925 -2,438 ... ...
Mexico -1,631 -2,063 -1,627 ... ...
Japan -113 -328 -315 ... ...
United Kingdom 262 2,383 1,112 ... ...
Germany -1,310 -1,222 -921 ... ...
South Korea -343 -851 -518 ... ...
Netherlands 40 -6 -35 ... ...
India -43 144 -53 ... ...
Italy -771 -404 -402 ... ...
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 2022 total merchandise trade data.
Source(s):
Date modified: