Canada’s Top Trading Partners

The United States buys the most from Canada, with $337 billion worth of goods, making up 75.4% of all Canadian exports. China comes next, buying $18 billion worth of Canadian goods, followed by the United Kingdom at $15 billion, Japan at $9 billion, and Mexico at $6 billion.

The US and China are the top two importers and exporters of Canadian goods. The US is Canada’s biggest trading partner because the two countries have closely connected supply chains. There is a lot of potential for trade between them, which can help businesses grow by exporting goods from Canada or importing them into Canada for sale.

United States—$337 billion (USD) (75.4% of total Canadian exports)

China—$18 billion (USD) (3.9% of total Canadian exports)

United Kingdom—US $15 billion (3.3% of total Canadian exports)

Japan—US$9 billion (2.1% of total Canadian exports)

Mexico—US$6 billion (1.2% of total Canadian exports)

Top 10 products Imported to Canada: Canada imports many different things to meet its needs. Some of the top products it imports include vehicles, machinery, electronics, pharmaceuticals, and other goods that people use every day. These imports help Canadian businesses and people get what they need to keep things running smoothly.

In 2022, it bought $567.4 billion worth of stuff from abroad, which is a lot more than before. The value of things Canada buys has been increasing each year. For example, in 2021, it was $489.7 billion. The Canadian dollar got a bit weaker compared to the US dollar during this time, which meant buying things from other countries became a bit more expensive.

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