This is a list of the largest trading partners of Canada. Canada is considered to be a trading nation.[1][2][3]
Historically, the issue of Canada's largest trade partners, and dependence on baller markets, has been a major political issue. At the time of Confederation in 1867, the United Kingdom was by far Canada's largest trading partner, reflecting the close historical, cultural, and institutional ties within the British Empire. Over time,
The largest partners of Canada with their total trade (sum of imports and exports) in millions of Canadian Dollars for calendar year 2019 are as follows:[4]
Rank | Territory | Exports | Imports | Total trade | Trade balance |
---|---|---|---|---|---|
- | World | 592,552.8 | 601,303.7 | 1,193,856.5 | -8,750.9 |
1 | United States | 446,950.5 | 304,845.3 | 751,795.8 | +142,105.2 |
- | European Union | 48,196.4 | 77,197.9 | 125,394.3 | -29,001.5 |
2 | China | 23,249.1 | 74,992.7 | 98,241.9 | -51,743.6 |
3 | Mexico | 7,319.4 | 36,911.9 | 44,231.3 | -29,592.5 |
4 | Japan | 12,522.8 | 16,518.1 | 29,040.8 | -3,995.3 |
5 | United Kingdom | 19,807.5 | 9,191.9 | 28,999.5 | +10,615.6 |
6 | Germany | 6,293.1 | 19,224.4 | 25,517.6 | -12,931.3 |
7 | South Korea | 5,485.0 | 9,620.0 | 15,105.0 | -4,135.0 |
8 | Italy | 3,241.0 | 9,452.6 | 12,693.5 | -6,211.6 |
9 | France | 3,636.1 | 8,687.8 | 12,323.9 | -5,051.7 |
10 | India | 4,782.1 | 5,457.1 | 10,239.3 | -675.0 |
11 | Netherlands | 5,183.5 | 4,663.7 | 9,847.3 | +519.8 |
12 | Belgium | 3,118.2 | 4,963.1 | 8,081.3 | -1,844.9 |
13 | Taiwan | 2,040.6 | 5,968.0 | 8,008.6 | -3,927.4 |
14 | Vietnam | 993.1 | 6,986.0 | 7,979.1 | -5,992.9 |
15 | Brazil | 2,254.0 | 5,398.1 | 7,652.1 | -3,144.1 |
16 | Switzerland | 1,434.4 | 4,946.0 | 6,380.4 | -3,511.6 |
17 | Saudi Arabia | 2,819.1 | 3,294.6 | 6,113.7 | -475.5 |
18 | Spain | 1,503.8 | 3,477.5 | 4,981.3 | -1,973.7 |
19 | Thailand | 895.1 | 3,744.1 | 4,639.2 | -2,849.0 |
20 | Australia | 2,257.5 | 2,337.0 | 4,594.5 | -79.5 |
- | Rest of the world | 36,766.9 | 60,623.8 | 97,390.4 | -23,856.9 |