United States.
List of the largest trading partners of Canada
| Rank | Territory | Exports |
|---|---|---|
| – | World | 592,552.8 |
| 1 | United States | 446,950.5 |
| – | European Union | 48,196.4 |
| 2 | China | 23,249.1 |
What’s Canada’s largest trading partner?
The United States
The United States is Canada’s chief trading partner, constituting more than two-thirds of all Canadian trade; exports account for a larger share of trade than imports.
Who are Canada’s top 5 trading partners?
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)
What is Ontario’s biggest export?
Trade In August 2022, the top exports of Ontario were Cars (C$2.9B), Gold (C$1.45B), Motor vehicles; parts and accessories (8701… (C$1.33B), Packaged Medicaments (C$571M), and Baked Goods (C$458M).
Who are Canada’s two biggest trading partners?
Canada top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 284,478 | 73.25 |
| China | 18,861 | 4.86 |
| United Kingdom | 14,855 | 3.83 |
| Japan | 9,244 | 2.38 |
What does Canada import from Russia?
Canada’s top imports from Russia are fertilizers, crude oil, and various metals and minerals. Canada’s top exports to Russia are industrial machinery and aircrafts.
Does Canada rely on China?
Canada-China trade grew steadily over 2021. Canadian exports to China grew at the highest rate seen since 2018 and growth in Canadian imports from China was the highest it has been in over a decade. Growth in Canada-China trade has defied pandemic trends in the past couple years.
What is China’s biggest export to Canada?
| China Exports to Canada | Value | Year |
|---|---|---|
| Ceramic products | $634.09M | 2021 |
| Glass and glassware | $589.94M | 2021 |
| Iron and steel | $555.50M | 2021 |
| Paper and paperboard, articles of pulp, paper and board | $455.13M | 2021 |
What country imports the most to Canada?
United States
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| Canada Imports By Country | Value | Year |
|---|---|---|
| United States | $237.44B | 2021 |
| China | $68.51B | 2021 |
| Mexico | $26.71B | 2021 |
| Germany | $15.14B | 2021 |
Which country does Canada export the most goods?
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 drives the economy in Ontario?
Services industry. Although Ontario is a manufacturing powerhouse, the services sector is the largest part of Ontario’s economy. It employs 79% (or 5.3 million people) of the province and makes up 76.9% of the province’s economy.
What does Ontario import from Russia?
In August 2022 the top imports of Canada from Russia were Rubber Tires (C$5.82M), Plywood (C$1.62M), Radioactive Chemicals (C$1.33M), Carbon (C$979k), and Ferroalloys (C$687k).
Is Ontario rich or poor?
Ontario is also the nation’s wealthiest province, having a substantial share of the country’s natural resources and its most mature and diversified industrial economy. It is at once Canada’s economic pacemaker and a major force in national politics.
What does Canada get from the US?
In 2021, U.S. exports of goods to Canada totaled US$308.4 billion. The top export categories (2-digit HS) in 2021 to Canada were: machinery (US$44 billion), vehicles (US$44 billion), electrical machinery (US$24 billion), mineral fuels (US$23 billion), and plastics (US$16 billion).
Who is Canada’s closest trading partner?
Canada and the United States signed the Free Trade Agreement in 1988 (which was expanded into NAFTA by the addition of Mexico in 1994). Since that time the United States has dominated Canadian trade by an overwhelming degree.
What is Canada’s number one export?
Crude petroleum
List of exports of Canada
| # | Trade item | Value |
|---|---|---|
| 1 | Crude petroleum | 75,259 |
| 2 | Cars | 47,632 |
| 3 | Refined petroleum | 18,715 |
| 4 | Aircraft, helicopters and spacecraft | 7,322 |
Is Canada dependent on Russia?
Unlike Europe, Canada is not heavily reliant on Russia’s oil exports. “While Canada has imported very little amounts in recent years, this measure sends a powerful message,” Mr Trudeau told a news conference. Canada imported just C$289m (£170m) worth of energy products in 2021, according to Statistics Canada.
What does Canada import from Ukraine?
| Canada Imports from Ukraine | Value | Year |
|---|---|---|
| Iron and steel | $41.03M | 2021 |
| Electrical, electronic equipment | $20.65M | 2021 |
| Animal, vegetable fats and oils, cleavage products | $15.61M | 2021 |
| Vegetable, fruit, nut food preparations | $12.07M | 2021 |
What has Canada supplied to Ukraine?
Canada remains committed to continuing to provide Ukraine with the military equipment it needs to defend its sovereignty, freedom, and independence. Since February 2022, Canada has committed over $1 billion in military assistance to Ukraine.
Does China own farms in Canada?
OGEMA, Canada (AFP) – With too few farms in China to feed a burgeoning population, Chinese immigrants have started buying up agricultural lands in Canada and shipping produce to Asia.
Who technically owns Canada?
The majority of all lands in Canada are held by governments as public land and are known as Crown lands. About 89% of Canada’s land area (8,886,356 km²) is Crown land, which may either be federal (41%) or provincial (48%); the remaining 11% is privately owned.