Canada vs USA: 2023 Trade Comparison
Side-by-side stats from CEPII BACI. Bold values mark the larger figure.
| Canada | Metric | USA |
|---|---|---|
| $566.23B | Total exports | $1.90T |
| $548.63B | Total imports | $2.98T |
| $17.60B | Trade balance | $-1.08T |
| $1.11T | Total trade volume | $4.87T |
| #10 | Global export rank | #2 |
| #11 | Global import rank | #1 |
Direct trade between Canada and USA
Canada → USA
$415.80B
USA → Canada
$291.26B
Canada top exports
- petroleum oils and oils obtained from bituminous minerals, crude$106.16B
- gold, non-monetary, unwrought (but not powder)$21.35B
- with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$17.90B
- preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$14.77B
- in gaseous state, natural gas$10.48B
USA top exports
- petroleum oils and oils obtained from bituminous minerals, crude$124.16B
- preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
- liquefied, natural gas$39.59B
- consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
- of an unladen weight exceeding 15,000kg$31.57B
Shared top trade partners
Both countries appear as major export destinations for 8 of the same partners:
MexicoChinaGermanyJapanUnited KingdomNetherlandsRep. of KoreaIndia