Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars
| December 2022 | November 2023r | December 2023 | November to December 2023 | December 2022 to December 2023 | |
|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | % change | % change | |
| Total exports | 64,282 | 65,328 | 64,073 | -1.9 | -0.3 |
| United States | 48,660 | 51,072 | 49,353 | -3.4 | 1.4 |
| China | 2,554 | 2,629 | 2,534 | -3.6 | -0.8 |
| Mexico | 935 | 735 | 663 | -9.8 | -29.0 |
| Japan | 1,473 | 1,341 | 1,293 | -3.6 | -12.3 |
| United Kingdom | 1,250 | 1,434 | 1,547 | 7.8 | 23.8 |
| Germany | 448 | 545 | 625 | 14.8 | 39.5 |
| South Korea | 619 | 617 | 629 | 2.0 | 1.5 |
| Netherlands | 676 | 607 | 635 | 4.6 | -6.2 |
| India | 780 | 491 | 544 | 10.9 | -30.2 |
| Italy | 299 | 174 | 364 | 109.1 | 21.5 |
| Total imports | 63,507 | 64,267 | 64,385 | 0.2 | 1.4 |
| United States | 40,665 | 39,869 | 40,135 | 0.7 | -1.3 |
| China | 5,282 | 5,126 | 5,053 | -1.4 | -4.3 |
| Mexico | 1,911 | 2,556 | 2,381 | -6.9 | 24.6 |
| Japan | 1,026 | 1,359 | 1,595 | 17.4 | 55.4 |
| United Kingdom | 907 | 1,039 | 706 | -32.0 | -22.1 |
| Germany | 1,693 | 1,635 | 1,614 | -1.3 | -4.7 |
| South Korea | 783 | 922 | 1,395 | 51.3 | 78.2 |
| Netherlands | 372 | 506 | 488 | -3.7 | 31.2 |
| India | 570 | 445 | 452 | 1.7 | -20.7 |
| Italy | 750 | 790 | 846 | 7.1 | 12.8 |
| Trade balance | 775 | 1,061 | -312 | ... | ... |
| United States | 7,995 | 11,203 | 9,218 | ... | ... |
| China | -2,729 | -2,498 | -2,519 | ... | ... |
| Mexico | -976 | -1,821 | -1,717 | ... | ... |
| Japan | 447 | -18 | -302 | ... | ... |
| United Kingdom | 343 | 395 | 840 | ... | ... |
| Germany | -1,245 | -1,090 | -989 | ... | ... |
| South Korea | -163 | -306 | -766 | ... | ... |
| Netherlands | 304 | 100 | 147 | ... | ... |
| India | 209 | 46 | 92 | ... | ... |
| Italy | -451 | -616 | -482 | ... | ... |
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 2022 total merchandise trade data.
Source(s):
Table 12-10-0011-01.
- Date modified: