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
  October 2024r September 2025r October 2025 September to October 2025 October 2024 to October 2025
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 64,989 64,287 65,607 2.1 0.9
United States 47,391 45,702 44,126 -3.4 -6.9
China 2,818 2,592 3,327 28.4 18.0
Mexico 764 835 818 -2.0 7.1
Japan 1,214 1,144 1,233 7.7 1.5
Germany 643 942 614 -34.8 -4.5
United Kingdom 3,084 3,245 5,905 82.0 91.5
South Korea 655 554 502 -9.4 -23.4
Netherlands 648 834 1,298 55.5 100.2
Switzerland 372 1,028 464 -54.9 24.8
Italy 480 343 243 -29.1 -49.3
Total imports 65,606 64,044 66,190 3.4 0.9
United States 40,646 37,334 39,314 5.3 -3.3
China 5,105 4,710 5,081 7.9 -0.5
Mexico 2,463 3,091 3,043 -1.5 23.6
Japan 1,212 1,257 1,429 13.7 17.9
Germany 1,680 1,730 1,554 -10.2 -7.5
United Kingdom 712 888 815 -8.3 14.4
South Korea 1,231 1,213 1,057 -12.9 -14.1
Netherlands 415 523 497 -4.9 19.7
Switzerland 888 892 788 -11.6 -11.2
Italy 732 856 854 -0.2 16.7
Trade balance -617 243 -583 ... ...
United States 6,745 8,368 4,812 ... ...
China -2,287 -2,118 -1,754 ... ...
Mexico -1,699 -2,256 -2,225 ... ...
Japan 2 -113 -196 ... ...
Germany -1,037 -788 -940 ... ...
United Kingdom 2,372 2,357 5,090 ... ...
South Korea -576 -659 -555 ... ...
Netherlands 233 311 801 ... ...
Switzerland -516 136 -324 ... ...
Italy -252 -513 -611 ... ...
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: