Table 1
Merchandise trade: Canada's 10 principal trading partners – Balance-of-payments basis, seasonally adjusted, current dollars
| February 2023r | January 2024r | February 2024 | January to February 2024 | February 2023 to February 2024 | |
|---|---|---|---|---|---|
| millions of dollars | millions of dollars | millions of dollars | % change | % change | |
| Total exports | 63,949 | 62,978 | 66,624 | 5.8 | 4.2 |
| United States | 48,402 | 48,600 | 50,209 | 3.3 | 3.7 |
| China | 3,059 | 2,373 | 2,554 | 7.6 | -16.5 |
| Mexico | 831 | 755 | 816 | 8.1 | -1.8 |
| Japan | 1,515 | 1,313 | 1,287 | -2.0 | -15.1 |
| United Kingdom | 1,283 | 1,712 | 2,425 | 41.7 | 89.0 |
| Germany | 526 | 495 | 513 | 3.5 | -2.5 |
| South Korea | 547 | 761 | 722 | -5.2 | 32.0 |
| Netherlands | 411 | 566 | 621 | 9.7 | 51.1 |
| India | 265 | 643 | 535 | -16.8 | 101.5 |
| Italy | 225 | 184 | 127 | -31.1 | -43.6 |
| Total imports | 64,349 | 62,370 | 65,233 | 4.6 | 1.4 |
| United States | 40,032 | 39,784 | 41,125 | 3.4 | 2.7 |
| China | 5,283 | 4,471 | 5,047 | 12.9 | -4.5 |
| Mexico | 2,279 | 2,410 | 2,353 | -2.4 | 3.3 |
| Japan | 1,041 | 1,507 | 1,435 | -4.8 | 37.8 |
| United Kingdom | 778 | 715 | 932 | 30.4 | 19.9 |
| Germany | 1,831 | 1,644 | 1,731 | 5.3 | -5.5 |
| South Korea | 921 | 969 | 1,123 | 15.9 | 21.9 |
| Netherlands | 485 | 452 | 470 | 3.9 | -3.2 |
| India | 500 | 439 | 466 | 6.2 | -6.8 |
| Italy | 772 | 721 | 775 | 7.5 | 0.4 |
| Trade balance | -400 | 608 | 1,392 | ... | ... |
| United States | 8,370 | 8,816 | 9,084 | ... | ... |
| China | -2,223 | -2,098 | -2,493 | ... | ... |
| Mexico | -1,448 | -1,655 | -1,537 | ... | ... |
| Japan | 474 | -194 | -148 | ... | ... |
| United Kingdom | 505 | 997 | 1,493 | ... | ... |
| Germany | -1,305 | -1,149 | -1,218 | ... | ... |
| South Korea | -374 | -208 | -401 | ... | ... |
| Netherlands | -75 | 114 | 151 | ... | ... |
| India | -235 | 204 | 69 | ... | ... |
| Italy | -547 | -536 | -648 | ... | ... |
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: