Canada

Canada ranked No. 2 in total trade value in 2019 with a total of $612.12 billion. Exports totaled $292.38 billion and Imports totaled $319.74 billion, a deficit of $27.35 billion.

U.S. trade with Canada rose to $612.12 billion in 2019

Canada’s trade with the United States rose to $612.12 billion in 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.82 percent below its total trade of 2018. U.S. exports to Canada decreased 2.12 percent while U.S. imports from Canada rose 0.39 percent. The U.S. deficit with Canada was $27.35 billion.

Through December 2019, 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.. In 2018, 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 2019, the top five accounted for 56.15 percent of Canada’s U.S. trade.

Among those top five:

  • Trade with No. 1 Detroit Ambassador Bridge, Mich. fell 1.19 percent to $133.47 billion.
    Exports rose 0.03 percent to $76.3 billion. Imports fell 2.77 percent to $57.17 billion.
  • Trade with No. 2 Port Huron Blue Water Bridge, Mich. fell 3.13 percent to $86.72 billion.
    Exports fell 6.09 percent to $40.45 billion. Imports fell 0.39 percent to $46.27 billion.
  • Trade with No. 3 Buffalo Peace Bridge, NY fell 1.69 percent to $71.17 billion.
    Exports fell 2.63 percent to $36.65 billion. Imports fell 0.68 percent to $34.52 billion.
  • Trade with No. 4 Low-Valued Imports and Exports rose 3.65 percent to $26.98 billion.
    Exports rose 3.65 percent to $26.98 billion. There were no imports.
  • Trade with No. 5 Pembina Border Crossing, N.D. rose 2.84 percent to $25.38 billion.
    Exports fell 3.01 percent to $12.76 billion. Imports rose 9.52 percent to $12.62 billion.

Canada ranked No. 2 among the United States’ top trade partners in 2019. In 2018, it ranked No. 2.

Meanwhile, total U.S. trade with the world decreased to $4.14 trillion, down 1.37 percent compared to 2018. The nation’s exports dropped 1.13 percent to $1.65 trillion; imports dropped 1.53 percent to $2.5 trillion. The nation’s top five countries for 2019, by value, were Mexico; Canada; China; Japan and Germany. The overall trade deficit was $853.23 billion, down compared to 2018 when the deficit was $873.19 billion.

The top five U.S. exports to Canada by value through December 2019 were the categories of Motor vehicle parts; Motor vehicles for transporting people; Commercial vehicles; Oil; and Gasoline, other fuels, respectively. They accounted for 21.58 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 42.88 percent of all inbound shipments.

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

  • Motor vehicle parts fell 4.53 percent compared to last year to $15.87 billion.
  • Motor vehicles for transporting people fell 7.37 percent compared to last year to $13.9 billion.
  • Commercial vehicles rose 13.22 percent compared to last year to $13.39 billion.
  • Oil rose 7.91 percent compared to last year to $10.08 billion.
  • Gasoline, other fuels fell 17.48 percent compared to last year to $9.85 billion.

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

  • Oil rose 3.06 percent compared to last year to $62.71 billion.
  • Motor vehicles for transporting people fell 1.04 percent compared to last year to $37.67 billion.
  • Value added to a returned import rose 14.02 percent compared to last year to $16.26 billion.
  • Gasoline, other fuels rose 3.39 percent compared to last year to $11.26 billion.
  • Motor vehicle parts fell 2.33 percent compared to last year to $9.19 billion.

In 2018 annual figures available, Canada recorded $617.2 billion in trade with the United States. Total U.S. exports to Canada were $298.72 billion and imports from Canada were $318.48 billion. The U.S. deficit with Canada was $19.76 billion.