economyMonthly
What does Canada export and import?
Canada exported $67B in goods in Aug 2023.
$67B
Monthly merchandise exports
Aug 2023
Canada is a trade-dependent economy. Energy products, vehicles, and minerals dominate exports, while the United States receives the vast majority of Canadian goods.
Trade balance over time
Canada typically runs a trade surplus in goods, driven by energy exports. The surplus widened in 2022 when oil prices spiked, then narrowed as energy prices normalized.
Annual merchandise trade balance ($B)
Source: Statistics Canada, Table 12-10-0121-01