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
  September 2024 August 2025r September 2025 August to September 2025 September 2024 to September 2025
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 64,056 60,404 64,231 6.3 0.3
United States 48,549 43,826 45,835 4.6 -5.6
China 2,548 2,641 2,544 -3.7 -0.2
Mexico 684 776 826 6.4 20.8
Japan 1,361 1,125 1,133 0.7 -16.8
Germany 675 683 942 37.9 39.5
United Kingdom 2,409 3,544 3,246 -8.4 34.7
South Korea 553 518 554 6.9 0.1
Netherlands 615 655 756 15.5 23.0
Switzerland 369 180 1,028 471.6 178.7
Italy 168 399 353 -11.4 110.1
Total imports 65,333 66,831 64,078 -4.1 -1.9
United States 40,542 37,856 37,223 -1.7 -8.2
China 4,986 5,317 4,718 -11.3 -5.4
Mexico 2,439 3,074 3,233 5.2 32.5
Japan 1,485 1,311 1,213 -7.5 -18.3
Germany 1,681 1,835 1,717 -6.5 2.1
United Kingdom 689 717 898 25.2 30.3
South Korea 1,312 1,131 1,162 2.7 -11.4
Netherlands 537 503 531 5.6 -1.2
Switzerland 563 1,834 893 -51.3 58.7
Italy 790 857 861 0.5 9.0
Trade balance -1,277 -6,427 153 ... ...
United States 8,007 5,970 8,612 ... ...
China -2,438 -2,676 -2,174 ... ...
Mexico -1,755 -2,298 -2,407 ... ...
Japan -124 -186 -80 ... ...
Germany -1,006 -1,152 -775 ... ...
United Kingdom 1,720 2,827 2,348 ... ...
South Korea -759 -613 -608 ... ...
Netherlands 78 152 225 ... ...
Switzerland -194 -1,654 135 ... ...
Italy -622 -458 -508 ... ...
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: