Canada at a Glance, 2023
International trade
| Top five trading partners | 2022 | ||
|---|---|---|---|
| Exports (in thousands $) | Imports (in thousands $) | Balance (in thousands $) | |
| Total all countries | 779,188,279 | 759,481,802 | 19,706,477 |
| United States | 594,888,900 | 473,282,848 | 121,606,052 |
| China | 29,258,137 | 69,634,959 | -40,376,822 |
| Mexico | 9,887,093 | 24,359,193 | -14,472,100 |
| Japan | 18,229,361 | 11,950,110 | 6,279,251 |
| United Kingdom | 19,910,552 | 9,900,149 | 10,010,403 |
| Source: Statistics Canada. Table 12-10-0011-01 | |||

Data table for Chart 27
| Contribution to the yearly change in imports | |
|---|---|
| thousands of dollars | |
| Total imports | 125,183,711 |
| Farm, fishing and intermediate food products | 4,264,239 |
| Energy products | 19,116,916 |
| Metal ores and non-metallic minerals | 3,829,862 |
| Metal and non-metallic mineral products | 6,182,155 |
| Basic and industrial chemical, plastic and rubber products | 14,781,426 |
| Forestry products and building and packaging materials | 5,248,197 |
| Industrial machinery, equipment and parts | 15,593,705 |
| Electronic and electrical equipment and parts | 10,446,673 |
| Motor vehicles and parts | 19,676,536 |
| Aircraft and other transportation equipment and parts | 3,880,313 |
| Consumer goods | 19,680,095 |
| Special transactions trade | 917,412 |
| Other balance of payments adjustments | 1,566,183 |
| Source: Statistics Canada. Table 12-10-0163-01. | |

Data table for Chart 28
| Contribution to the yearly change in exports | |
|---|---|
| thousands of dollars | |
| Total exports | 142,430,602 |
| Farm, fishing and intermediate food products | 6,276,795 |
| Energy products | 78,533,794 |
| Metal ores and non-metallic minerals | 8,072,098 |
| Metal and non-metallic mineral products | 8,955,516 |
| Basic and industrial chemical, plastic and rubber products | 5,829,934 |
| Forestry products and building and packaging materials | 2,061,139 |
| Industrial machinery, equipment and parts | 7,873,432 |
| Electronic and electrical equipment and parts | 4,448,289 |
| Motor vehicles and parts | 8,703,438 |
| Aircraft and other transportation equipment and parts | 375,506 |
| Consumer goods | 8,874,817 |
| Special transactions trade | 182,311 |
| Other balance of payments adjustments | 2,243,531 |
| Source: Statistics Canada. Table 12-10-0163-01. | |

Data table for Chart 29
| Billions of dollars | |
|---|---|
| 2012 | -13,288,952 |
| 2013 | -8,145,410 |
| 2014 | 4,672,634 |
| 2015 | -24,635,733 |
| 2016 | -25,048,208 |
| 2017 | -24,499,504 |
| 2018 | -21,805,558 |
| 2019 | -18,798,030 |
| 2020 | -40,647,279 |
| 2021 | 2,459,586 |
| 2022 | 19,706,477 |
| Source: Statistics Canada. Table 12-10-0011-01 | |
Did you know?
- The trade values were also affected by inflationary pressures in 2022. While export values rose 22.5% for the year, they increased only 2.4% when adjusted for prices. Something similar can be observed with Canadian imports—while import values were up 19.9% in 2022, they increased only 6.6% when adjusted for prices.
- The share of energy products on total exports rose from 21.2% in 2021, to a record of 27.2% in 2022. This strong increase was supported in large part by higher energy product prices.
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