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List of the largest trading partners of Canada

From Wikipedia, the free encyclopedia

NAFTA leaders Canadian Prime Minister Stephen Harper, Mexican President Peña Nieto, and U.S. President Barack Obama, 2014.

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

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Transcription

See also

References

  1. ^ "Canada is a Trading Nation - Canada's Major Trading Partners". Archived from the original on 2010-09-12. Retrieved 2012-06-12.
  2. ^ http=book_result&ct=result&resnum=2&ved=0CBoQ6AEwAQ#v=onepage&q&f=false
  3. ^ "OECD Statistics".
  4. ^ "Annual Merchandise Trade". statcan.gc.ca.
This page was last edited on 2 April 2024, at 14:46
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