Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance of payments basis, current dollars
| 2021 | 2022 | 2021 to 2022 | |
|---|---|---|---|
| millions of dollars | millions of dollars | % change | |
| Total exports | 636,284 | 779,216 | 22.5 |
| United States | 476,659 | 595,067 | 24.8 |
| China | 28,615 | 29,249 | 2.2 |
| Mexico | 8,863 | 9,880 | 11.5 |
| United Kingdom | 18,159 | 19,904 | 9.6 |
| Japan | 14,639 | 18,222 | 24.5 |
| Germany | 6,999 | 7,585 | 8.4 |
| South Korea | 6,431 | 8,817 | 37.1 |
| Netherlands | 4,869 | 6,586 | 35.3 |
| Switzerland | 3,182 | 3,868 | 21.6 |
| Italy | 2,688 | 2,885 | 7.3 |
| Total imports | 631,703 | 757,386 | 19.9 |
| United States | 392,918 | 471,424 | 20.0 |
| China | 57,189 | 69,641 | 21.8 |
| Mexico | 19,568 | 24,139 | 23.4 |
| United Kingdom | 10,028 | 9,921 | -1.1 |
| Japan | 11,181 | 11,951 | 6.9 |
| Germany | 15,751 | 18,717 | 18.8 |
| South Korea | 8,630 | 10,867 | 25.9 |
| Netherlands | 6,080 | 7,133 | 17.3 |
| Switzerland | 7,271 | 7,760 | 6.7 |
| Italy | 7,501 | 8,945 | 19.3 |
| Trade balance | 4,581 | 21,830 | ... |
| United States | 83,741 | 123,643 | ... |
| China | -28,574 | -40,392 | ... |
| Mexico | -10,705 | -14,259 | ... |
| United Kingdom | 8,131 | 9,983 | ... |
| Japan | 3,458 | 6,271 | ... |
| Germany | -8,752 | -11,132 | ... |
| South Korea | -2,199 | -2,050 | ... |
| Netherlands | -1,211 | -547 | ... |
| Switzerland | -4,089 | -3,892 | ... |
| Italy | -4,813 | -6,060 | ... |
...
not applicable
Note(s):
- Totals may not equal the sum of their components.
- Countries listed are the top 10 principal trading partners of Canada based on annual 2023 total merchandise trade data.
Source(s):
Table 12-10-0011-01.
- Date modified: