TradeVedia
Global Trade Visual Encyclopedia

Canada (CAN)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports
$549.62B
Imports
$540.56B
Total trade
$1.09T
Trade balance
$9.06B
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Canada - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.
Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Showing top 10 partners by total dependency.
Rank #1
USA (USA)
Total
62.9%
Exports
76.4%
$419.75B
Imports
49.3%
$266.27B
Total
62.9%
$686.02B
Rank #2
China (CHN)
Total
7.7%
Exports
3.8%
$21.11B
Imports
11.6%
$62.62B
Total
7.7%
$83.73B
Rank #3
Mexico (MEX)
Total
3.6%
Exports
1.1%
$6.12B
Imports
6.2%
$33.40B
Total
3.6%
$39.52B
Rank #4
United Kingdom (GBR)
Total
2.5%
Exports
3.6%
$19.96B
Imports
1.3%
$6.92B
Total
2.5%
$26.88B
Rank #5
Japan (JPN)
Total
2.4%
Exports
1.9%
$10.57B
Imports
2.8%
$15.09B
Total
2.4%
$25.66B
Rank #6
Germany (DEU)
Total
2.0%
Exports
0.9%
$4.69B
Imports
3.1%
$16.67B
Total
2.0%
$21.36B
Rank #7
Rep. of Korea (KOR)
Total
1.6%
Exports
1.0%
$5.37B
Imports
2.2%
$11.89B
Total
1.6%
$17.26B
Rank #8
Italy (ITA)
Total
1.0%
Exports
0.4%
$2.32B
Imports
1.6%
$8.79B
Total
1.0%
$11.11B
Rank #9
Viet Nam (VNM)
Total
1.0%
Exports
0.0%
$0
Imports
1.9%
$10.36B
Total
1.0%
$10.36B
Rank #10
France (FRA)
Total
0.9%
Exports
0.6%
$3.11B
Imports
1.3%
$6.97B
Total
0.9%
$10.07B
Generated by TradeVedia.comSource: UN Comtrade
  • In 2024, Canada's total trade reached $1.09T, with exports of $549.6B and imports of $540.6B.
  • Canada ranked 13th globally for total trade, 11th for exports, and 13th for imports in 2024.
  • The United States was Canada's top export destination, receiving goods valued at $419.8B (76.4% of total exports).
  • Imports from the United States were valued at $266.3B, representing 49.3% of Canada's total imports.
  • Mineral fuels (HS2 27) were Canada's top export, accounting for $140.7B or 25.6% of the total.
  • Vehicles (HS2 87) were the most imported product category, with a total value of $87.9B.

Canada's Trade Balance and Key Partners in 2024

In 2024, Canada's international trade activity resulted in a total trade volume of $1.09T, placing it 13th globally. The country's exports amounted to $549.6B against imports of $540.6B, creating a positive trade balance of $9.1B. The United States is by far the most significant trading partner, accounting for $419.8B (76.4%) of exports and $266.3B (49.3%) of imports. Other major partners include China, the United Kingdom, and Mexico.

See also: United StatesChinaMexico

Top Export and Import Categories

Canada's export profile in 2024 was dominated by "Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes" (HS2 27), which constituted 25.6% of total exports with a value of $140.7B. Following mineral fuels, the next largest export categories were "Vehicles" (HS2 87) at $56.0B and "Machinery and mechanical appliances" (HS2 84) at $39.6B. On the import side, vehicles were the leading category at $87.9B (16.3% of total imports), closely followed by machinery and mechanical appliances at $81.0B.

See also: Mineral fuels, mineral oils (HS2 27)Vehicles (HS2 87)Machinery and mechanical appliances (HS2 84)

Exports

Canada - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.
Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 27
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
$140.68B
25.6% share
#2 • HS 87
Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof
$55.95B
10.2% share
#3 • HS 84
Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof
$39.58B
7.2% share
#4 • HS 71
Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
$32.07B
5.8% share
#5 • HS 99
Commodities not specified according to kind
$20.70B
3.8% share
#6 • HS 85
Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles
$16.86B
3.1% share
#7 • HS 39
Plastics and articles thereof
$15.49B
2.8% share
#8 • HS 44
Wood and articles of wood; wood charcoal
$13.09B
2.4% share
#9 • HS 88
Aircraft, spacecraft, and parts thereof
$12.79B
2.3% share
#10 • HS 76
Aluminium and articles thereof
$12.37B
2.3% share
#11 • HS 26
Ores, slag and ash
$11.29B
2.1% share
#12 • HS 30
Pharmaceutical products
$10.89B
2.0% share
#13 • HS 10
Cereals
$9.06B
1.6% share
#14 • HS 72
Iron and steel
$8.76B
1.6% share
#15 • HS 90
Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories
$8.15B
1.5% share

Canada - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.
Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Canada - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.
Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Imports

Canada - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.
Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 87
Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof
$87.90B
16.3% share
#2 • HS 84
Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof
$80.96B
15.0% share
#3 • HS 85
Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles
$50.66B
9.4% share
#4 • HS 27
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
$34.97B
6.5% share
#5 • HS 39
Plastics and articles thereof
$18.99B
3.5% share
#6 • HS 30
Pharmaceutical products
$18.86B
3.5% share
#7 • HS 71
Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
$18.45B
3.4% share
#8 • HS 90
Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories
$15.26B
2.8% share
#9 • HS 99
Commodities not specified according to kind
$12.58B
2.3% share
#10 • HS 73
Iron or steel articles
$11.61B
2.1% share
#11 • HS 94
Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
$9.19B
1.7% share
#12 • HS 88
Aircraft, spacecraft, and parts thereof
$8.67B
1.6% share
#13 • HS 72
Iron and steel
$8.52B
1.6% share
#14 • HS 29
Organic chemicals
$7.93B
1.5% share
#15 • HS 48
Paper and paperboard; articles of paper pulp, of paper or paperboard
$6.84B
1.3% share

Canada - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.
Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Canada - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.
Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade