Trump 2.0: The First 100 Days | Canada

U.S. Most Important Partner for Canada Canada’s Trade Flows with North American Partners

Key Observations

• In the past 12 months, Canada exported C$795 billion and imported C$802 billion.

• The U.S. remains Canada’s largest trade partner by a wide margin. The U.S. accounts for 77% of Canada’s exports and 49% of its imports. • Canada’s top sources for exports, besides the U.S., are, in order: the EU (4.4%), China (3.6%), Japan (1.9%), Mexico (1.1%), South Korea (0.9%), the UK (0.9%), Switzerland (0.6%) and India (0.6%). All other nations receive 0.5% or less of Canada’s exports. • Diversifying exports away from the U.S. in the immediate-term will be difficult given Canada’s extremely large dependence (77%). • Canada’s top sources for imports, besides the U.S., are, in order: the EU (11.1%), Mexico (6.1%), the UK (3.0%), Japan (2.7%), South Korea (2.2%), Brazil (1.4%), China (1.3%), India (1.1%), Switzerland, 1.1% and Taiwan (1.0%). All other nations comprise less than 1% of Canada’s imports.

Canada

77.0% of exports go to U.S. 49.3% of imports from U.S.

1.1% of exports go to Mexico 6.1% of imports from Mexico

16.8% of exports to Canada 12.4% of imports from Canada

3.1% of exports to Canada 2.0% of imports from Canada

16.2% of exports go to Mexico 14.9% of imports from Mexico

Mexico

U.S.

83.3% of exports to U.S. 39.9% of imports from U.S.

Source: Statistics Canada, U.S. Census Bureau, Instituto Nacional de Estadística Geografia e Informática (INEGI). Note: All data based on customs based method.

Cushman & Wakefield