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In 2024 the population of Canada was estimated to be 40,784,365 (Q1, 2024) [1] compared to 36,991,981 in 2021 [2] while the population of the United States was estimated to 339,268,209 in Q1 2024, [3] more than eight times larger than Canada. The United States GDP was $24.8 trillion in 2021. [4] The United States has the largest economy ...
The trade relationship of the United States with Canada is the largest in the world.. In 2023, the goods and services trade between the two countries totaled $923 billion. U.S. exports were $441 billion, while imports were $482 billion, resulting in a United States $41 billion trade deficit with Canada. [1]
Flags of Canada and the United States. The United States is by far Canada's largest trading partner, with more than $1.7 billion CAD in trade per day in 2005. [153] In 2009, 73% of Canada's exports went to the United States, and 63% of Canada's imports were from the United States. [154] Trade with Canada makes up 23% of the United States ...
Canada portal The following is a list of the top 20 exports of Canada . Data is for 2012, in millions of United States dollars , as reported by The Observatory of Economic Complexity .
Balance of trade with the United States. The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Canada is the largest trading partner of the United States, followed by Mexico. [1]
Canada's exports totalled over $637 billion, while its imported goods were worth over $631 billion, of which approximately $391 billion originated from the United States. [229] In 2018, Canada had a trade deficit in goods of $22 billion and a trade deficit in services of $25 billion. [229]
Richard Nixon addresses a joint session of the Parliament of Canada, 1972. The United States had become Canada's largest market, and after the war, the Canadian economy became dependent on smooth trade flows with the United States so much that in 1971 when the United States enacted the "Nixon Shock" economic policies (including a 10% tariff on ...
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .