Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars
| February 2024r | January 2025r | February 2025 | January 2025 to February 2025 | February 2024 to February 2025 | |
|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | % change | % change | |
| Total exports | 66,091 | 74,214 | 70,114 | -5.5 | 6.1 |
| United States | 49,766 | 57,866 | 55,786 | -3.6 | 12.1 |
| China | 2,605 | 3,029 | 2,887 | -4.7 | 10.8 |
| Mexico | 846 | 749 | 756 | 0.9 | -10.7 |
| Japan | 1,305 | 1,297 | 1,215 | -6.3 | -6.9 |
| Germany | 508 | 690 | 446 | -35.4 | -12.1 |
| United Kingdom | 2,380 | 2,755 | 1,951 | -29.2 | -18.0 |
| South Korea | 698 | 479 | 604 | 26.0 | -13.5 |
| Netherlands | 598 | 667 | 589 | -11.7 | -1.5 |
| Switzerland | 1,239 | 91 | 50 | -44.8 | -96.0 |
| Italy | 125 | 310 | 203 | -34.5 | 62.7 |
| Total imports | 64,720 | 71,083 | 71,633 | 0.8 | 10.7 |
| United States | 40,586 | 44,125 | 45,217 | 2.5 | 11.4 |
| China | 5,169 | 5,376 | 5,254 | -2.3 | 1.6 |
| Mexico | 2,365 | 2,605 | 2,632 | 1.0 | 11.3 |
| Japan | 1,431 | 1,445 | 1,245 | -13.8 | -13.0 |
| Germany | 1,641 | 1,534 | 1,606 | 4.7 | -2.1 |
| United Kingdom | 925 | 1,085 | 1,140 | 5.0 | 23.2 |
| South Korea | 1,190 | 1,618 | 1,220 | -24.6 | 2.5 |
| Netherlands | 490 | 670 | 502 | -25.0 | 2.4 |
| Switzerland | 517 | 773 | 745 | -3.6 | 44.1 |
| Italy | 798 | 809 | 751 | -7.1 | -5.9 |
| Trade balance | 1,371 | 3,131 | -1,519 | ... | ... |
| United States | 9,180 | 13,741 | 10,569 | ... | ... |
| China | -2,564 | -2,347 | -2,367 | ... | ... |
| Mexico | -1,519 | -1,856 | -1,876 | ... | ... |
| Japan | -126 | -148 | -30 | ... | ... |
| Germany | -1,133 | -844 | -1,160 | ... | ... |
| United Kingdom | 1,455 | 1,670 | 811 | ... | ... |
| South Korea | -492 | -1,139 | -616 | ... | ... |
| Netherlands | 108 | -3 | 87 | ... | ... |
| Switzerland | 722 | -682 | -695 | ... | ... |
| Italy | -673 | -499 | -548 | ... | ... |
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 2023 total merchandise trade data.
Source(s):
Table 12-10-0011-01.
- Date modified: