Which countries have trade surplus in Canada?

Who does Canada have a trade surplus with?

Almost all of Canada’s trade surplus came from dealings with the U.S. Canada posted a surplus of $8.3 billion with the U.S. for the month. With the rest of the world, however, Canada continues to have a trade deficit, although that deficit shrank to $5.1 billion, resulting in a total trade surplus of $3.2 billion.

Which country does Canada have the biggest trading surplus with?

List of the largest trading partners of Canada

Rank Territory Trade balance
World -8,750.9
1 United States +142,105.2
European Union -29,001.5
2 China -51,743.6

What are the top 5 countries Canada trades with?

Canada’s Top 5 Trading Partners

  • United States—$337 billion (USD) (75.4% of total Canadian exports)
  • China—$18 billion (USD) (3.9% of total Canadian exports)
  • United Kingdom—US $15 billion (3.3% of total Canadian exports)
  • Japan—US$9 billion (2.1% of total Canadian exports)

Does Canada have a trade surplus or deficit with Japan?

Canada is one of only a handful of industrialized nations (including Italy and Australia) now running a trade surplus with Japan. … In 1995, Canada supplied 0.4 percent of all direct investment in Japan (Chart 4).

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Does Canada have a trade surplus with USA?

The trade relationship of the United States with Canada is the largest in the world. In 2016, the goods and services trade between the two countries totaled $627.8 billion. … The United States has a $12.5 billion trade surplus with Canada in 2016.

Does Canada trade with Russia?

Russia Exports to Canada was US$319.07 Million during 2020, according to the United Nations COMTRADE database on international trade.

What are the top 3 countries Canada imports from?

Canada trade balance, exports and imports by country

In 2017, Canada major trading partner countries for exports were United States, China, United Kingdom, Japan and Mexico and for imports they were United States, China, Mexico, Germany and Japan.

What are the top 10 countries Canada exports to?

Top 10 Export Countries

Country Export USD$
United States $336,214,851,377
China $17,536,396,323
United Kingdom $14,928,056,269
Japan $9,515,970,981

What country does Canada not trade with?

Canada’s sanctions apply an arms and related materials embargo on the following countries:

  • Central African Republic.
  • Democratic Republic of Congo.
  • Eritrea.
  • Iran.
  • Iraq.
  • Lebanon.
  • Libya.
  • Myanmar.

Who are Canada’s 5 top export partners?

Canada top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States 336,215 75.37
China 17,536 3.93
United Kingdom 14,928 3.35
Japan 9,516 2.13

What country does Canada import the most goods from?

Goods import sources and export destinations

In 2019, Canada’s top trading partners for both goods exports and imports were the United States, the European Union and China (Table 1.2).