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
  November 2023 October 2024r November 2024 October to November 2024 November 2023 to November 2024
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 65,068 64,682 66,106 2.2 1.6
United States 50,550 47,207 50,436 6.8 -0.2
China 2,756 2,784 2,619 -5.9 -5.0
Mexico 760 741 723 -2.4 -4.8
Japan 1,273 1,181 1,118 -5.4 -12.2
Germany 553 643 503 -21.7 -9.0
United Kingdom 1,453 3,083 2,986 -3.2 105.4
South Korea 628 656 593 -9.6 -5.6
Netherlands 616 648 549 -15.3 -10.9
Switzerland 379 376 464 23.6 22.4
Italy 176 480 384 -20.1 117.5
Total imports 64,576 65,226 66,429 1.8 2.9
United States 40,211 40,561 42,225 4.1 5.0
China 5,118 5,027 4,853 -3.4 -5.2
Mexico 2,557 2,611 2,580 -1.2 0.9
Japan 1,351 1,342 1,359 1.3 0.6
Germany 1,593 1,754 1,646 -6.2 3.3
United Kingdom 1,012 651 746 14.6 -26.3
South Korea 954 1,246 1,165 -6.5 22.0
Netherlands 516 412 491 19.2 -4.8
Switzerland 603 583 617 5.8 2.2
Italy 788 740 730 -1.3 -7.3
Trade balance 492 -544 -323 ... ...
United States 10,339 6,646 8,210 ... ...
China -2,361 -2,242 -2,235 ... ...
Mexico -1,797 -1,870 -1,856 ... ...
Japan -77 -161 -241 ... ...
Germany -1,040 -1,111 -1,143 ... ...
United Kingdom 441 2,432 2,240 ... ...
South Korea -326 -590 -572 ... ...
Netherlands 100 236 57 ... ...
Switzerland -224 -207 -153 ... ...
Italy -612 -260 -347 ... ...
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: