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Canada

Canada ranked No. 2 in total trade value through October with a total of $520.71 billion. Exports totaled $251.52 billion and Imports totaled $269.2 billion, a deficit of $17.68 billion.

January – October 2018

Top Trading Ports

Total Trade: $520.71 billion

RankPortTotal YTD
1Detroit Ambassador Bridge, Mich. $114,819,580,913
2Port Huron Blue Water Bridge, Mich. $74,311,388,496
3Buffalo Peace Bridge, NY $60,808,648,893
4Low-Valued Imports and Exports $21,703,339,841
5Pembina Border Crossing, N.D. $20,792,009,973
6Rouses Point / Lacolle Border Crossing, N.Y. $20,669,802,676
7Blaine / Surrey Border Crossing, Wash. $18,843,385,661
8Portal-North Portal Border Crossing, N.D. $14,123,952,122
9Port of Alexandria Bay, N.Y. $12,554,012,312
10Sweetgrass Border Crossing, Mont. $11,723,805,051

U.S. trade with Canada rose to $520.71 billion through October

Canada’s trade with the United States rose to $520.71 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.95 percent above its total trade during the same time period last year. Canada’s exports increased 7.46 percent while imports rose 8.42 percent. The U.S. deficit with Canada was $17.68 billion.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Detroit Ambassador Bridge, Mich.; No. 2 Port Huron Blue Water Bridge, Mich.; No. 3 Buffalo Peace Bridge, NY; No. 4 Low-Valued Imports and Exports; and No. 5 Pembina Border Crossing, N.D.. During the same period the previous year, the top five were No. 1 Detroit Ambassador Bridge, Mich. No. 2 Port Huron Blue Water Bridge, Mich. No. 3 Buffalo Peace Bridge, NY No. 4 Low-Valued Imports and Exports and No. 5 Pembina Border Crossing, N.D.. In the current time period, the top five accounted for 56.16 percent of Canada’s U.S. trade.

Among those top five:

  • Trade with No. 1 Detroit Ambassador Bridge, Mich. rose 2.51 percent to $114.82 billion.
    Exports rose 3.4 percent to $64.71 billion. Imports rose 1.37 percent to $50.11 billion.
  • Trade with No. 2 Port Huron Blue Water Bridge, Mich. rose 4.6 percent to $74.31 billion.
    Exports rose 4.78 percent to $35.79 billion. Imports rose 4.44 percent to $38.52 billion.
  • Trade with No. 3 Buffalo Peace Bridge, NY fell 3.22 percent to $60.81 billion.
    Exports fell 5.52 percent to $31.86 billion. Imports fell 0.56 percent to $28.95 billion.
  • Trade with No. 4 Low-Valued Imports and Exports rose 4.1 percent to $21.7 billion.
    Exports rose 4.1 percent to $21.7 billion. There were no imports.
  • Trade with No. 5 Pembina Border Crossing, N.D. rose 12.98 percent to $20.79 billion.
    Exports rose 4.58 percent to $11.17 billion. Imports rose 24.61 percent to $9.62 billion.

Canada ranked No. 2 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 3.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Canada by value through October were the categories of Motor vehicle parts; Motor vehicles for transporting people; Commercial vehicles; Gasoline, other fuels; and Oil, respectively. They accounted for 21.93 percent of total exports to Canada.

The value of the top five categories of U.S. imports from Canada –– Oil; Motor vehicles for transporting people; Value added to a returned import; Gasoline, other fuels; and Motor vehicle parts –– accounted for 42.4 percent of all inbound shipments.

Looking more closely at U.S. exports to Canada:

  • Motor vehicle parts fell 0.78 percent compared to last year to $14.03 billion.
  • Motor vehicles for transporting people rose 4.69 percent compared to last year to $12.94 billion.
  • Commercial vehicles fell 4.79 percent compared to last year to $10.39 billion.
  • Gasoline, other fuels rose 53.87 percent compared to last year to $10.29 billion.
  • Oil rose 59.59 percent compared to last year to $7.51 billion.

Looking more closely at U.S. imports from Canada:

  • Oil rose 28.15 percent compared to last year to $52.81 billion.
  • Motor vehicles for transporting people fell 11.71 percent compared to last year to $31.79 billion.
  • Value added to a returned import rose 5.95 percent compared to last year to $11.99 billion.
  • Gasoline, other fuels rose 19.59 percent compared to last year to $9.58 billion.
  • Motor vehicle parts rose 8.21 percent compared to last year to $7.97 billion.

In the latest annual figures available, Canada recorded $582.45 billion in trade with the United States. At year’s end, its were Detroit; Buffalo; Pembina, N.D.; Ogdensburg, N.Y.; and Seattle. Total U.S. exports to Canada were $ 282.47 billion and imports from Canada were $299.98 billion. The U.S. deficit with Canada was $17.5 billion.