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.

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.

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 August of 2025.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-07-25 about Canada, exchange rate, currency, rate, and USA.

The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

United States Imports from Canada was US$421.21 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Canada - data, historical chart and statistics - was last updated on July of 2025.

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.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

Canada Imports from United States was US$275.08 Billion during 2024, according to the United Nations COMTRADE database on international trade. Canada Imports from United States - data, historical chart and statistics - was last updated on July of 2025.

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.

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.

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.

The statistic shows the trade balance of goods (exports minus imports of goods) in Canada from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in Canada amounted to about **** billion U.S. dollars. Trade with Canada Canada reported a trade surplus until 2009 when the country’s trade balance went negative for the first time in recent history. Its deficit was ignited at the height of the global recession, and the value of exports decreased significantly at that time. It is only now showing signs of a recovery. Meanwhile, while imports decreased during the recession as well, they bounced back faster than exports. Currently, Canada maintains neither a trade deficit nor a trade surplus as both imports and exports amount to around *** billion U.S. dollars worth of goods. Canada is hoping this will continue, and it is looking to lower tariffs on exports in order to further boost the economy and increase exports. Canada has a long and strong trading relationship with the United States - Canada’s southern neighbor is without a doubt its most important export and import partner. Overall, Canada maintains an export advantage over the United States; maintaining greater export flows than import flows. The U.S. dollar is also worth more than the Canadian dollar, favoring further exports from Canada. China and Mexico also import Canadian goods, but significantly less than the United States.

United States Imports of Services: Canada data was reported at 29.950 USD bn in 2016. This records an increase from the previous number of 29.171 USD bn for 2015. United States Imports of Services: Canada data is updated yearly, averaging 24.808 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 31.138 USD bn in 2012 and a record low of 16.598 USD bn in 1999. United States Imports of Services: Canada data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA020: Trade Statistics: Services: By Country.

Exports to Canada in the United States increased to 28493.82 USD Million in February from 26303.37 USD Million in January of 2024. This dataset includes a chart with historical data for the United States Exports to Canada.

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.

United States Exports: 1-Digit: CA: Mineral Fuels, Lubricants data was reported at 2.124 USD bn in Sep 2018. This records an increase from the previous number of 1.945 USD bn for Aug 2018. United States Exports: 1-Digit: CA: Mineral Fuels, Lubricants data is updated monthly, averaging 744.532 USD mn from Jan 1996 (Median) to Sep 2018, with 273 observations. The data reached an all-time high of 3.143 USD bn in Jul 2014 and a record low of 100.969 USD mn in Mar 1996. United States Exports: 1-Digit: CA: Mineral Fuels, Lubricants data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

United States Exports: Services: Canada: Travel: Education Related data was reported at 1.088 USD bn in 2016. This records an increase from the previous number of 1.055 USD bn for 2015. United States Exports: Services: Canada: Travel: Education Related data is updated yearly, averaging 852.500 USD mn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 1.088 USD bn in 2016 and a record low of 474.000 USD mn in 1999. United States Exports: Services: Canada: Travel: Education Related data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA022: Trade Statistics: Services: Canada.

United States Exports: Services: Canada: Travel incl Education data was reported at 15.936 USD bn in 2016. This records a decrease from the previous number of 17.229 USD bn for 2015. United States Exports: Services: Canada: Travel incl Education data is updated yearly, averaging 14.402 USD bn from Dec 1999 (Median) to 2016, with 18 observations. The data reached an all-time high of 22.219 USD bn in 2013 and a record low of 7.733 USD bn in 2002. United States Exports: Services: Canada: Travel incl Education data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.JA022: Trade Statistics: Services: Canada.