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 2025r February 2026r March 2026 February to March 2026 March 2025 to March 2026
  millions of dollarsmillions of dollarsmillions of dollars % change% change
Total exports 66,879 67,055 72,773 8.5 8.8
United States 48,861 44,804 48,506 8.3 -0.7
China 2,736 3,538 3,299 -6.7 20.6
United Kingdom 3,785 6,433 8,617 34.0 127.7
Mexico 795 767 797 3.9 0.2
Japan 1,270 1,149 1,063 -7.4 -16.3
Germany 690 773 1,198 54.8 73.6
South Korea 779 552 769 39.4 -1.3
Switzerland 50 178 91 -48.6 82.9
Netherlands 953 678 1,014 49.5 6.4
Italy 313 506 386 -23.6 23.3
Total imports 69,272 72,167 70,994 -1.6 2.5
United States 42,426 41,946 41,435 -1.2 -2.3
China 5,555 5,535 5,777 4.4 4.0
United Kingdom 779 743 865 16.4 11.0
Mexico 2,791 3,102 3,151 1.6 12.9
Japan 1,366 1,419 1,462 3.1 7.0
Germany 1,625 1,719 1,934 12.5 19.0
South Korea 1,241 1,404 1,237 -11.9 -0.3
Switzerland 617 767 856 11.7 38.9
Netherlands 605 736 779 5.8 28.8
Italy 880 875 915 4.6 3.9
Trade balance -2,393 -5,112 1,779 ... ...
United States 6,435 2,858 7,071 ... ...
China -2,819 -1,997 -2,478 ... ...
United Kingdom 3,006 5,690 7,752 ... ...
Mexico -1,996 -2,335 -2,354 ... ...
Japan -96 -270 -399 ... ...
Germany -935 -946 -736 ... ...
South Korea -462 -852 -468 ... ...
Switzerland -567 -589 -765 ... ...
Netherlands 348 -58 235 ... ...
Italy -567 -369 -529 ... ...
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):
Date modified: