Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars
| December 2024 | November 2025r | December 2025 | November to December 2025 | December 2024 to December 2025 | |
|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | % change | % change | |
| Total exports | 69,585 | 63,945 | 65,625 | 2.6 | -5.7 |
| United States | 53,046 | 43,713 | 44,211 | 1.1 | -16.7 |
| China | 2,378 | 3,626 | 2,990 | -17.5 | 25.8 |
| United Kingdom | 2,536 | 4,771 | 6,645 | 39.3 | 162.0 |
| Mexico | 787 | 770 | 761 | -1.2 | -3.3 |
| Japan | 1,375 | 1,158 | 1,171 | 1.1 | -14.8 |
| Germany | 773 | 950 | 1,074 | 13.0 | 39.0 |
| South Korea | 679 | 558 | 779 | 39.7 | 14.7 |
| Switzerland | 582 | 103 | 100 | -3.1 | -82.8 |
| Netherlands | 604 | 911 | 753 | -17.3 | 24.7 |
| Italy | 415 | 385 | 335 | -13.0 | -19.3 |
| Total imports | 67,828 | 66,530 | 66,933 | 0.6 | -1.3 |
| United States | 41,102 | 37,249 | 38,537 | 3.5 | -6.2 |
| China | 5,258 | 5,583 | 5,337 | -4.4 | 1.5 |
| United Kingdom | 702 | 722 | 756 | 4.7 | 7.7 |
| Mexico | 2,464 | 2,701 | 3,363 | 24.5 | 36.5 |
| Japan | 1,404 | 1,603 | 1,327 | -17.2 | -5.5 |
| Germany | 1,587 | 1,861 | 1,755 | -5.7 | 10.6 |
| South Korea | 1,318 | 1,292 | 1,365 | 5.6 | 3.6 |
| Switzerland | 637 | 847 | 634 | -25.2 | -0.4 |
| Netherlands | 536 | 755 | 853 | 13.1 | 59.2 |
| Italy | 845 | 910 | 856 | -5.9 | 1.3 |
| Trade balance | 1,757 | -2,585 | -1,308 | ... | ... |
| United States | 11,944 | 6,464 | 5,674 | ... | ... |
| China | -2,880 | -1,957 | -2,347 | ... | ... |
| United Kingdom | 1,834 | 4,049 | 5,889 | ... | ... |
| Mexico | -1,677 | -1,931 | -2,602 | ... | ... |
| Japan | -29 | -445 | -156 | ... | ... |
| Germany | -814 | -911 | -681 | ... | ... |
| South Korea | -639 | -734 | -586 | ... | ... |
| Switzerland | -55 | -744 | -534 | ... | ... |
| Netherlands | 68 | 156 | -100 | ... | ... |
| Italy | -430 | -525 | -521 | ... | ... |
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 2024 total merchandise trade data.
Source(s):
Table 12-10-0011-01.
- Date modified: