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.

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.

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 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.

Canada recorded a trade deficit of 5900 CAD Million in May of 2025. This dataset provides the latest reported value for - Canada Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

According to estimates, if President Trump's proposed tariffs go into effect permanently, the United States' GDP would decrease by 0.4 percent. Of this, 0.3 percent would be from the 25 percent tariff on all imports from Canada and Mexico, while 0.1 percent would be from the 10 percent tariff on all imports from China. As of February 10, China imposed retaliatory tariffs on the United States, with a 15 percent tariff on coal and liquid natural gas, and a 10 percent tariff on other exports, including oil, machinery, and large motor vehicles.

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.

Further information related to the international trade data can be found at https://www.census.gov/foreign-trade/data/index.html Methodology details can be found at https://www.census.gov/foreign-trade/Press-Release/current_press_release/explain.pdf

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

Key information about Canada Total Imports

• Canada Total Imports recorded 49.0 USD bn in Jan 2025, compared with a value of 48.4 USD bn in the previous month
• Canada Total Imports data is updated monthly, available from Jan 1988 to Jan 2025, with an average number of 27.9 USD bn
• The data reached an all-time high of 51.6 USD bn in Jun 2022 and a record low of 8.4 USD bn in Feb 1988

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


Further information about Canada Total Imports

• In the latest reports, Canada Total Imports grew 14.1 % YoY in Jan 2025
• Total Exports grew 20.3 % YoY, to 51.8 USD bn in Jan 2025
• Canada Trade Balance recorded a surplus of 2.8 USD bn in Jan 2025

Key information about Canada Total Exports

• Canada Total Exports expanded 20.3 % YoY in Jan 2025, compared with an increase of 10.5 % YoY in the previous month
• Canada Total Exports Growth data is updated monthly, available from Jan 1989 to Jan 2025, with an averaged rate of 5.4 %
• The data reached an all-time high of 57.7 % in Apr 2021 and a record low of -37.6 % in Apr 2020

CEIC calculates Total Exports Growth from monthly Total Exports. Statistics Canada provides Total Exports, FOB, in local currency.


Further information about Canada Total Exports

• In the latest reports, Canada Total Exports recorded 51.8 USD bn 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

According to estimates, President Trump's proposals to impose universal tariffs as well as tariffs on Chinese, Canadian, and Mexican imports would considerably increase the average tariff rate. If Trump's proposals go into effect, it is estimated that the average tariff rate of all imports would almost triple, marking the highest rate in the United States since 1969.

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)

Key information about Canada Total Imports Growth

• Canada Total Imports grew 14.1 % YoY in Jan 2025, compared with an increase of 6.7 % YoY in the previous month
• Canada Total Imports Growth data is updated monthly, available from Jan 1989 to Jan 2025, with an averaged rate of 5.6 %
• The data reached an all-time high of 43.3 % in May 2021 and a record low of -31.7 % in May 2020

CEIC calculates Total Imports Growth from monthly Total Imports. Statistics Canada provides Total Imports, FOB, in local currency.


Further information about Canada Total Imports Growth

• In the latest reports, Canada Total Imports recorded 49.0 USD bn in Jan 2025
• Total Exports reached 51.8 USD bn in Jan 2025, which registered an increase of 20.3 % year on year
• Canada Trade Balance recorded a surplus of 2.8 USD bn in Jan 2025

From 2011 to 2024, the export volume of pork from Canada stayed fairly constant, fluctuating between 1.2 and 1.5 million metric tons. Exports are forecasted to reach about 1.4 million metric tons in 2025.

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.

The Canadian International Merchandise Trade (CIMT) Web Application offers the most detailed commodity trade data using the Harmonized System (HS) classification of goods (the 8-digit commodity level for exports and the 10-digit for imports). The CIMT Web Application also offers data at the international 6-digit commodity level. With the CIMT Web Application the user can visualize the latest information on customs based monthly trade through tables and charts as well as a time series report. For a selected period of time, one can also customize its selection and visualize trade, export or import, data for a specific trading partner, a specific province and a specific variable such as value, volume and a percentage change on a monthly or annual basis. The application has also the ability to retrieve the top 25 commodities traded between a selected by the user geography, Canada or a province, and trading partner, the World or a specific country, for the month of interest. When desired, the user can copy the data seen on the screen into their preferred data manipulation software. In general, merchandise trade data are revised on an ongoing basis for each month of the current year. The previous year's customs data are revised with the release of the January and February reference months as well as on a quarterly basis. The previous two years of customs based data are revised annually and are released in February with the December reference month.

The United States exported some *** million bushels of wheat in 2023/24, and imported about *** million metric tons of wheat in that time period. Wheat production in the U.S. In 2021/22, the United States had the ***** largest production volume of wheat worldwide, at about **** million metric tons. Within the United States, a handful of states produce a large share of the country’s wheat. In 2022, North Dakota was the U.S. state that cultivated the highest volume of wheat, followed by Kansas and Washington. Global wheat trade About ***** million metric tons of wheat were exported worldwide in 2021/22, up from ***** million metric tons in the previous year. In 2022/23, the United States has been the ***** leading exporter of wheat, flour, and wheat products in terms of export volume, behind Russia, the EU, Australia, and Canada. Russia exported some **** million metric tons of wheat and flour in the 2022/23 fiscal year. In that time period, Egypt and Indonesia were tied as the top importers of wheat, flour, and wheat products at ** million metric tons each.

Fujian: Export: North America: Canada data was reported at 162,161.977 USD th in Mar 2025. This records an increase from the previous number of 118,574.156 USD th for Feb 2025. Fujian: Export: North America: Canada data is updated monthly, averaging 149,110.194 USD th from Jan 2015 (Median) to Mar 2025, with 123 observations. The data reached an all-time high of 530,331.028 USD th in Aug 2021 and a record low of 47,956.454 USD th in Feb 2020. Fujian: Export: North America: Canada data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JBA: USD: Foreign Trade: Fujian.

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.