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Canada posted a small trade deficit of $13.1 billion in 2023, and the ratio of trade-to-GDP edged down to 67.2%. Strength in the recovering motor vehicle and parts and travel services sectors drove growth in Canada’s international trade throughout 2023.
Bringing together data, tools and reports to provide you with the latest information on Canada's international trade and investment activity. Merchandise imports and exports. Service imports and exports. Trade by exporter and importer characteristics. Trade by multinational enterprises.
Canada's international trade in services is broken down based on its capacities to be traded through information and communication technologies. Transactions are available by affiliation and by trade partner.
International trade and investment. Export, import and invest in Canada and foreign markets. Most requested. Trade Commissioner Service. Register a trade or investment barrier. Tariff information and Harmonized System (HS) codes. Export from Canada. Sell goods, products or services abroad, support services, financing and permits. Import into Canada
Canada’s international trade posted new records again in 2022. Increasing by 21.2% during the year, goods and services exports reached a record $940.4 billion (Figure 1.8). Goods and services imports also marked new highs, advancing by 20.5% to $936.2 billion in 2022.
In 2022, the value of Canada's annual merchandise exports increased 22.5% to $779.2 billion, while the value of annual imports rose 19.9% to $757.4 billion. As a result, Canada's merchandise trade surplus with the world widened from $4.6 billion in 2021 to $21.8 billion in 2022.
Canada is traditionally the top U.S. export market, accounting for 14.2% of all U.S. goods exports in 2022. In 2022, Canada maintained its position as the United States’ top trading partner. Canada and the United States trade over US$2.5 billion in goods and services daily.
This table displays the results of International merchandise trade for all countries and by principal trading partners, 2022. The information is grouped by Top 5 trading partners (appearing as row headers), 2022, calculated using Exports (in thousands $), Imports (in thousands $) and Balance (in thousands $) units of measure (appearing as ...
Canada’s State of Trade. Read our flagship report to discover Canada’s international trade and investment performance. Explore an emerging trade and investment issue and what it may mean for business opportunities.
Reports about Canada’s position in the global economy. Research and analysis about global markets, regional and sectoral trends in trade.