Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars
| December 2023 | November 2024r | December 2024 | November to December 2024 | December 2023 to December 2024 | |
|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | % change | % change | |
| Total exports | 63,888 | 66,197 | 69,463 | 4.9 | 8.7 |
| United States | 48,501 | 50,569 | 53,074 | 5.0 | 9.4 |
| China | 2,541 | 2,579 | 2,334 | -9.5 | -8.2 |
| Mexico | 672 | 724 | 766 | 5.7 | 13.9 |
| Japan | 1,265 | 1,138 | 1,347 | 18.3 | 6.4 |
| Germany | 632 | 504 | 773 | 53.5 | 22.3 |
| United Kingdom | 2,179 | 2,986 | 2,542 | -14.9 | 16.7 |
| South Korea | 636 | 591 | 681 | 15.4 | 7.1 |
| Netherlands | 642 | 543 | 543 | -0.1 | -15.4 |
| Switzerland | 289 | 464 | 638 | 37.5 | 120.8 |
| Italy | 367 | 383 | 395 | 3.0 | 7.4 |
| Total imports | 64,624 | 67,183 | 68,755 | 2.3 | 6.4 |
| United States | 40,211 | 42,381 | 41,731 | -1.5 | 3.8 |
| China | 5,048 | 4,931 | 5,373 | 9.0 | 6.4 |
| Mexico | 2,423 | 2,548 | 2,700 | 6.0 | 11.5 |
| Japan | 1,594 | 1,298 | 1,367 | 5.3 | -14.3 |
| Germany | 1,645 | 1,712 | 1,651 | -3.6 | 0.4 |
| United Kingdom | 726 | 1,179 | 634 | -46.2 | -12.7 |
| South Korea | 1,400 | 1,271 | 1,429 | 12.4 | 2.1 |
| Netherlands | 503 | 476 | 492 | 3.4 | -2.1 |
| Switzerland | 650 | 695 | 643 | -7.5 | -1.0 |
| Italy | 851 | 721 | 864 | 19.8 | 1.6 |
| Trade balance | -736 | -986 | 708 | ... | ... |
| United States | 8,290 | 8,188 | 11,343 | ... | ... |
| China | -2,507 | -2,352 | -3,039 | ... | ... |
| Mexico | -1,750 | -1,824 | -1,935 | ... | ... |
| Japan | -329 | -160 | -20 | ... | ... |
| Germany | -1,012 | -1,208 | -878 | ... | ... |
| United Kingdom | 1,452 | 1,807 | 1,908 | ... | ... |
| South Korea | -764 | -680 | -747 | ... | ... |
| Netherlands | 139 | 67 | 51 | ... | ... |
| Switzerland | -361 | -231 | -5 | ... | ... |
| Italy | -483 | -338 | -470 | ... | ... |
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):
Table 12-10-0011-01.
- Date modified: