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
  March 2024r February 2025r March 2025 February to March 2025 March 2024 to March 2025
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 63,433 70,036 69,895 -0.2 10.2
United States 48,032 55,742 52,062 -6.6 8.4
China 2,392 2,869 2,766 -3.6 15.6
Mexico 746 768 800 4.1 7.3
Japan 1,216 1,224 1,266 3.4 4.1
Germany 609 447 680 52.3 11.7
United Kingdom 2,264 1,951 3,779 93.7 66.9
South Korea 632 599 760 27.0 20.2
Netherlands 804 589 1,029 74.8 28.0
Switzerland 584 50 50 -1.1 -91.5
Italy 188 203 249 22.3 32.3
Total imports 64,319 71,443 70,401 -1.5 9.5
United States 40,234 44,919 43,614 -2.9 8.4
China 5,264 5,332 5,639 5.7 7.1
Mexico 2,178 2,662 2,630 -1.2 20.8
Japan 1,263 1,253 1,380 10.1 9.2
Germany 1,597 1,636 1,563 -4.5 -2.2
United Kingdom 864 1,182 840 -28.9 -2.8
South Korea 1,321 1,217 1,180 -3.0 -10.7
Netherlands 500 481 644 33.8 28.9
Switzerland 654 726 642 -11.6 -2.0
Italy 665 761 903 18.7 35.9
Trade balance -886 -1,407 -506 ... ...
United States 7,798 10,823 8,448 ... ...
China -2,872 -2,463 -2,873 ... ...
Mexico -1,432 -1,894 -1,830 ... ...
Japan -47 -29 -114 ... ...
Germany -988 -1,189 -883 ... ...
United Kingdom 1,400 769 2,939 ... ...
South Korea -689 -618 -420 ... ...
Netherlands 304 108 385 ... ...
Switzerland -70 -676 -592 ... ...
Italy -477 -558 -654 ... ...
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):
Date modified: