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 2024 June 2025r July 2025 June to July 2025 July 2024 to July 2025
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 64,991 61,304 61,861 0.9 -4.8
United States 50,320 43,006 45,142 5.0 -10.3
China 2,684 2,593 2,705 4.3 0.8
Mexico 929 743 752 1.2 -19.0
Japan 1,114 1,105 1,349 22.0 21.0
Germany 649 663 961 44.9 48.0
United Kingdom 1,931 4,270 3,042 -28.8 57.5
South Korea 739 678 554 -18.3 -25.0
Netherlands 575 790 544 -31.2 -5.5
Switzerland 261 145 156 7.7 -40.3
Italy 367 324 233 -28.2 -36.6
Total imports 65,315 67,285 66,798 -0.7 2.3
United States 39,994 39,262 38,408 -2.2 -4.0
China 5,127 5,843 5,666 -3.0 10.5
Mexico 2,575 3,047 3,005 -1.4 16.7
Japan 1,396 1,259 1,366 8.5 -2.1
Germany 1,602 1,619 2,065 27.5 28.9
United Kingdom 823 773 794 2.7 -3.5
South Korea 1,213 1,326 1,462 10.2 20.5
Netherlands 607 512 457 -10.9 -24.8
Switzerland 617 676 773 14.4 25.3
Italy 768 918 906 -1.3 17.9
Trade balance -324 -5,981 -4,937 ... ...
United States 10,326 3,744 6,734 ... ...
China -2,443 -3,250 -2,961 ... ...
Mexico -1,646 -2,304 -2,253 ... ...
Japan -282 -154 -17 ... ...
Germany -953 -956 -1,104 ... ...
United Kingdom 1,108 3,497 2,248 ... ...
South Korea -474 -648 -908 ... ...
Netherlands -32 278 87 ... ...
Switzerland -356 -531 -617 ... ...
Italy -401 -594 -673 ... ...
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: