This statistic shows the estimated value of the retaliation limits permitted by the World Trade Organization for major trading partners of the United States should a case be brought against the United States as a result of President Trump's proposed tariff on steel and aluminum imports, as of **********. The retaliation limit is based on the estimated export losses due to Trump's trade tariffs. Should such a case be successful these figures show the retaliation capacity of each country as they could then impose tariffs against the United States on other products to the prescribed value without breaking World Trade Organization regulations.

It is estimated that if the case were successful, Canada would be able to impose tariffs on U.S. imports to the value of *** billion U.S. dollars. This retaliation limit would be awarded to them by the World Trade Organization, allowing tariffs that would normally risk sanctions. The *** billion U.S. dollar retaliation limit would be afforded to Canada in response to the expected * billion U.S. dollars in lost steel exports and *** billion U.S. dollars in lost aluminum exports if the tariffs were to be imposed.

United States Exports: 3-Digit: CA: Milk, Cream & Milk Pdt excl Butter or Cheese data was reported at 8.907 USD mn in May 2018. This records an increase from the previous number of 8.735 USD mn for Apr 2018. United States Exports: 3-Digit: CA: Milk, Cream & Milk Pdt excl Butter or Cheese data is updated monthly, averaging 7.137 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 18.522 USD mn in Dec 2016 and a record low of 1.754 USD mn in Jan 1996. United States Exports: 3-Digit: CA: Milk, Cream & Milk Pdt excl Butter or Cheese data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

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 Trade Balance: NAPCS: BOP: sa: Japan data was reported at 175.200 CAD mn in Sep 2018. This records an increase from the previous number of -43.600 CAD mn for Aug 2018. Canada Trade Balance: NAPCS: BOP: sa: Japan data is updated monthly, averaging -4.900 CAD mn from Jan 1988 (Median) to Sep 2018, with 369 observations. The data reached an all-time high of 607.000 CAD mn in Jul 1996 and a record low of -338.400 CAD mn in Sep 2002. Canada Trade Balance: NAPCS: BOP: sa: Japan data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA002: Trade Balance: NAPCS 2007: Seasonally Adjusted (Discontinued). Changed from NAPCS 2007 to NAPCS 2017. Replacement series ID: 411686687

This statistic shows the sales of wholesale trade in Canada in 2018,broken down by province. Sales of wholesale merchants in the province of Ontario amounted to approximately ****** billion Canadian dollars in 2018, compared to around **** billion in Nunavut.

United States Trade Balance: Canada data was reported at -1.943 USD bn in Oct 2018. This records a decrease from the previous number of -1.810 USD bn for Sep 2018. United States Trade Balance: Canada data is updated monthly, averaging -2.011 USD bn from Jan 1985 (Median) to Oct 2018, with 406 observations. The data reached an all-time high of 1.130 USD bn in Apr 2016 and a record low of -9.883 USD bn in Jul 2008. United States Trade Balance: Canada 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.JA010: Trade Statistics: Census Basis: by Country: Trade Balance.

United States US: Trade Balance: Advanced Economies: Canada data was reported at -1.461 USD bn in May 2018. This records a decrease from the previous number of -784.618 USD mn for Apr 2018. United States US: Trade Balance: Advanced Economies: Canada data is updated monthly, averaging -1.094 USD bn from Feb 1960 (Median) to May 2018, with 698 observations. The data reached an all-time high of 871.724 USD mn in Apr 2016 and a record low of -9.276 USD bn in Jan 2006. United States US: Trade Balance: Advanced Economies: Canada data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.

United States Trade Balance: Canada: sa data was reported at -2.185 USD bn in May 2018. This records a decrease from the previous number of -1.762 USD bn for Apr 2018. United States Trade Balance: Canada: sa data is updated monthly, averaging -2.201 USD bn from Jan 2009 (Median) to May 2018, with 113 observations. The data reached an all-time high of 85.000 USD mn in Apr 2016 and a record low of -3.811 USD bn in May 2014. United States Trade Balance: Canada: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

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

• 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)

Exports: 2-Digit: CA: Miscellaneous Manufactured Articles data was reported at 1.036 USD bn in May 2018. This records an increase from the previous number of 996.688 USD mn for Apr 2018. Exports: 2-Digit: CA: Miscellaneous Manufactured Articles data is updated monthly, averaging 890.582 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 1.561 USD bn in Oct 2014 and a record low of 464.080 USD mn in Jan 1996. Exports: 2-Digit: CA: Miscellaneous Manufactured Articles data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

United States Imports: CIF: 2-Digit: CA: Dairy Products & Birds' Eggs data was reported at 12.810 USD mn in May 2018. This records an increase from the previous number of 11.705 USD mn for Apr 2018. United States Imports: CIF: 2-Digit: CA: Dairy Products & Birds' Eggs data is updated monthly, averaging 9.926 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 19.512 USD mn in May 2004 and a record low of 2.575 USD mn in Jan 1996. United States Imports: CIF: 2-Digit: CA: Dairy Products & Birds' Eggs data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA076: Trade Statistics: Canada: Imports: CIF: SITC.

United States Exports: 3-Digit: CA: Vegetables, Roots & Tubers: Prepared data was reported at 61.468 USD mn in May 2018. This records an increase from the previous number of 54.063 USD mn for Apr 2018. United States Exports: 3-Digit: CA: Vegetables, Roots & Tubers: Prepared data is updated monthly, averaging 30.501 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 64.758 USD mn in Aug 2017 and a record low of 14.240 USD mn in Apr 1996. United States Exports: 3-Digit: CA: Vegetables, Roots & Tubers: Prepared data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

Canada Trade Balance: Services: Middle East data was reported at 140.000 CAD mn in 2022. This records a decrease from the previous number of 178.000 CAD mn for 2021. Canada Trade Balance: Services: Middle East data is updated yearly, averaging 180.000 CAD mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 479.000 CAD mn in 2014 and a record low of -384.000 CAD mn in 2018. Canada Trade Balance: Services: Middle East data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA006: Trade Balance: Services: by Region.

Canada Trade Balance: NAPCS: BOP: sa: United States data was reported at 4,792.400 CAD mn in Sep 2018. This records a decrease from the previous number of 5,030.300 CAD mn for Aug 2018. Canada Trade Balance: NAPCS: BOP: sa: United States data is updated monthly, averaging 3,361.400 CAD mn from Jan 1988 (Median) to Sep 2018, with 369 observations. The data reached an all-time high of 11,638.800 CAD mn in Oct 2005 and a record low of 551.700 CAD mn in Jan 1992. Canada Trade Balance: NAPCS: BOP: sa: United States data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA002: Trade Balance: NAPCS 2007: Seasonally Adjusted (Discontinued). Changed from NAPCS 2007 to NAPCS 2017. Replacement series ID: 411686567

United States Exports: 2-Digit: CA: Electric Current data was reported at 24.806 USD mn in May 2018. This records a decrease from the previous number of 24.857 USD mn for Apr 2018. United States Exports: 2-Digit: CA: Electric Current data is updated monthly, averaging 28.627 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 254.258 USD mn in Feb 2001 and a record low of 2.377 USD mn in Feb 1997. United States Exports: 2-Digit: CA: Electric Current data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

United States Exports: 2-Digit: CA: Other Transport Equipment data was reported at 1.302 USD bn in May 2018. This records an increase from the previous number of 762.775 USD mn for Apr 2018. United States Exports: 2-Digit: CA: Other Transport Equipment data is updated monthly, averaging 537.495 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 1.302 USD bn in May 2018 and a record low of 134.428 USD mn in Jan 1996. United States Exports: 2-Digit: CA: Other Transport Equipment data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

United States Exports: 3-Digit: CA: Aircraft and Associated Equipment data was reported at 1.126 USD bn in May 2018. This records an increase from the previous number of 613.600 USD mn for Apr 2018. United States Exports: 3-Digit: CA: Aircraft and Associated Equipment data is updated monthly, averaging 417.944 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 1.126 USD bn in May 2018 and a record low of 81.146 USD mn in Jan 1996. United States Exports: 3-Digit: CA: Aircraft and Associated Equipment data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

Canada CA: Trade Balance: Advanced Economies: United States data was reported at 7.121 USD bn in May 2018. This records an increase from the previous number of 6.448 USD bn for Apr 2018. Canada CA: Trade Balance: Advanced Economies: United States data is updated monthly, averaging 814.400 USD mn from Jan 1960 (Median) to May 2018, with 701 observations. The data reached an all-time high of 14.140 USD bn in Jul 2008 and a record low of -944.500 USD mn in Apr 1980. Canada CA: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.DOT: Trade Balance: by Country: Monthly.

United States Exports: 3-Digit: CA: Silk Textile Fibers data was reported at 0.000 USD mn in May 2018. This stayed constant from the previous number of 0.000 USD mn for Apr 2018. United States Exports: 3-Digit: CA: Silk Textile Fibers data is updated monthly, averaging 0.000 USD mn from Jan 1996 (Median) to May 2018, with 269 observations. The data reached an all-time high of 0.079 USD mn in Mar 2001 and a record low of 0.000 USD mn in May 2018. United States Exports: 3-Digit: CA: Silk Textile Fibers data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.

United States Exports: 2-Digit: CA: Tobacco & Tobacco Manufactures data was reported at 83.034 USD mn in Sep 2018. This records a decrease from the previous number of 107.621 USD mn for Aug 2018. United States Exports: 2-Digit: CA: Tobacco & Tobacco Manufactures data is updated monthly, averaging 3.464 USD mn from Jan 1996 (Median) to Sep 2018, with 273 observations. The data reached an all-time high of 116.565 USD mn in May 2018 and a record low of 1.152 USD mn in Sep 1996. United States Exports: 2-Digit: CA: Tobacco & Tobacco Manufactures data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA074: Trade Statistics: Canada: Exports: FAS: SITC.