The United States and Canada have the world's largest trading relationship, with each country being the other's largest trade partner. The two countries trade goods and services across many industries, and the trade relationship supports millions of jobs in both countries.
Trade in goods and services
Trade in specific products
Trade in services
Trade in softwood lumber
Trade in goods and services
- In 2023, the total trade between the two countries was $923 billion.
- The United States had a trade deficit of $41 billion with Canada in 2023.
- Canada has had a trade deficit with the United States in every year since 1985.
- The trade across the Ambassador Bridge between Windsor, Ontario and Detroit, Michigan, is equal to all trade between the United States and Japan.
Trade in specific products
- In 2022, Canada's main exports to the United States were crude petroleum, cars, and petroleum gas.
- In 2022, the United States' main exports to Canada were cars, refined petroleum, and delivery trucks.
Trade in services
- In 2022, the United States exported an estimated $71.3 billion in services to Canada.
- In 2022, the United States imported an estimated $44.6 billion in services from Canada.
Trade in softwood lumber
- The United States and Canada have had a long-running dispute over trade in softwood lumber.
- The last agreement governing trade in softwood lumber expired in October 2015.