The timeline shows the total value of U.S. trade in goods (export and import) with Canada from 2004 to 2024. In 2024, the total value of U.S. trade in goods with Canada amounted to *** billion U.S. dollars; composed of ***** billion U.S. dollars in exports and ***** billion U.S. dollars in imports.

United States Exports to Canada was US$348.41 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Canada - data, historical chart and statistics - was last updated on June of 2025.

This graph shows the growth in the U.S. export volume of trade goods to Canada from 1985 to 2024. In 2024, the U.S. exports to Canada amounted to approximately 349.36 billion U.S. dollars.

Key information about Canada Total Exports to USA

• Canada Total Exports to USA recorded 40.444 USD bn in Jan 2025, compared with 38.009 USD bn in the previous Dec 2024
• Canada Total Exports to USA data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 23.398 USD bn
• The data reached an all-time high of 41.639 USD bn in Jun 2022 and a record low of 6.715 USD bn in Jan 1988

CEIC converts monthly Total Exports to USA into USD. Statistics Canada provides Total Exports to USA, FOB, in local currency. Federal Reserve Board average market exchange rate is used for currency conversion. Total Exports to USA prior to January 1997 is based on old classification of data.

Canada Exports to United States was US$434.88 Billion during 2024, according to the United Nations COMTRADE database on international trade. Canada Exports to United States - data, historical chart and statistics - was last updated on July of 2025.

This timeline shows the total value of U.S. trade in goods (export and import) with Canada from ************ to ***********. In ***********, the total value of U.S. trade in goods with Canada amounted to approximately ***** billion U.S. dollars, which is composed of a ** billion U.S. dollars in exports and a ***** billion U.S. dollars in imports.

In 2024, the total value of U.S. trade goods amounted to approximately 5.4 trillion U.S. dollars. This shows the significance and scale of international trade for the economy of the United States. In 2024, the United States imported goods valuing around 3.3 trillion U.S. dollars from international trading partners, in comparison the value of goods exported from the United States to other countries amounted to around 2.1 trillion U.S. dollars.Import and export trade The import of trade goods relate to goods brought into the United States. This typically refers to goods grown, produced, or manufactured in other countries. Imports include goods of domestic origin which have been worked on abroad before reentering the United States. The export of trade goods refer to goods sold internationally which were grown, produced, or manufactured in the United States. It also includes commodities of foreign origin which have been changed in the United States from the form in which they were imported, or which have been enhanced in value or condition by further processing or manufacturing within the United States before again being sold internationally. Leading trade partners of the United States In 2023, Mexico was the largest source of goods imported into the United States, with goods valuing approximately 475.6 billion U.S. dollars. Mexico and Canada were the second and third largest exporters of goods to the United States, respectively. In 2023, Canada was the leading destination of goods exported from the United States, with U.S. trade goods worth over 350 billion U.S. dollars exported to Canada. Mexico and China also feature at the top of the list of importers of U.S. goods.

Canada's total Exports in 2024 were valued at US$569.17 Billion, according to the United Nations COMTRADE database on international trade. Canada's main export partners were: the United States, China and the United Kingdom. The top three export commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$558.45 Billion. In 2024, Canada had a trade surplus of US$10.72 Billion.

Key information about Canada Total Exports

• Canada Total Exports recorded 51.8 USD bn in Jan 2025, compared with 49.5 USD bn in the previous month
• Canada Total Exports data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 29.5 USD bn
• The data reached an all-time high of 55.7 USD bn in May 2022 and a record low of 8.9 USD bn in Jan 1988

CEIC converts monthly Total Exports into USD. Statistics Canada provides Total Exports, FOB, in local currency. Federal Reserve Board average market exchange rate is used for currency conversion.


Further information about Canada Total Exports

• In the latest reports, Canada Total Exports grew 20.3 % YoY in Jan 2025
• Total Imports recorded 49.0 USD bn in Jan 2025, which registered an increase of 14.1 % year on year
• Canada Trade Balance recorded a surplus of 2.8 USD bn in Jan 2025

Macau Total Exports: America: Canada data was reported at 3,165.644 MOP th in Oct 2018. This records an increase from the previous number of 825.189 MOP th for Sep 2018. Macau Total Exports: America: Canada data is updated monthly, averaging 6,189.000 MOP th from Jan 2000 (Median) to Oct 2018, with 221 observations. The data reached an all-time high of 49,700.000 MOP th in Jul 2004 and a record low of 225.862 MOP th in Feb 2018. Macau Total Exports: America: Canada data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR – Table MO.JA002: Trade Statistics: by Country.

Trade in goods by exporter characteristics data available by North American Industry Classification System (NAICS) industry codes at the establishment level. Users have the option of selecting information related to the value of exports and the number of exporting establishments in all provinces and territories in Canada.

The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.

Canada trade balance for 2023 was -9.72 billion US dollars, a 442.91% decline from 2022.

<ul style='margin-top:20px;'>

<li>Canada trade balance for 2022 was <strong>2.84 billion US dollars</strong>, a <strong>1553.86% increase</strong> from 2021.</li>
<li>Canada trade balance for 2021 was <strong>171.47 million US dollars</strong>, a <strong>100.47% decline</strong> from 2020.</li>
<li>Canada trade balance for 2020 was <strong>-36.58 billion US dollars</strong>, a <strong>43.1% increase</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

The value added in exports database provides data on the exports and imports of industries, as well as on the direct and indirect impact of each industry’s production for exports on industry and on total gross domestic product and jobs. Industry impacts can be viewed from the perspective of their incidence on other industries or from the perspective of an industry’s dependence on other industries. The data rely on the supply and use tables, which provide the basis for the calculations. Beginning with reference year 2013, a provincial and territorial dimension has been added to the measures. Imports embodied in exports have also been expanded to show their United States (US) and non-US origins.

As of November 2024, freight between the Canadian and U.S. borders had a total value of approximately 698.8 billion U.S dollars. This constituted a decrease of 2 percent from the previous year. Freight imports delivered by truck made more than half the total value, at 390.4 billion US dollars. The lowest import and export value came from air freight, totaling only 31.3 billion US dollars.

United States Exports: Services: Canada: Insurance data was reported at 1.833 USD bn in 2017. This records a decrease from the previous number of 2.032 USD bn for 2016. United States Exports: Services: Canada: Insurance data is updated yearly, averaging 2.023 USD bn from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 3.006 USD bn in 2012 and a record low of 392.000 USD mn in 2001. United States Exports: Services: Canada: Insurance data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.JA080: Trade Statistics: Services: Canada.

Canada and United States bilateral trade in goods data produced by Statistics Canada and the United States Census Bureau (customs basis) and the United States Bureau of Economic Analysis (balance of payments basis). Data are presented before and after adjustments made to standardize definitions. Quarterly data are available on Customs and on Balance of payments basis and are not seasonally adjusted.

Key information about Canada's Trade Balance

• Canada's Trade Balance recorded a surplus of 2.8 USD bn in Jan 2025, compared with a surplus of 1.2 USD bn in the previous month
• Canada's Trade Balance data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 800.0 USD mn
• The data reached an all-time high of 6.4 USD bn in Oct 2005 and a record low of -4.3 USD bn in Dec 2018

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. Statistics Canada provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Canada's Trade Balance

• In the latest reports, Canada's Total Exports reached 51.8 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)
• Total Imports recorded 49.0 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)

Trade in goods by exporter characteristics data available by country of destination. Users have the option of selecting information related to the value of exports and the number of exporting establishments in all provinces and territories in Canada.

International merchandise trade data grouped by free trade agreement and by commodity. Users have the option of selecting imports or exports, as well as specifying either total values or any of the section, division or group values of the North American Product Classification System (NAPCS). Users also have the option of selecting any of the country groups with whom Canada has a free trade agreement or is currently negotiating or discussing the possibility of such an agreement. Data are on a customs basis and not seasonally adjusted.