1.  Overview the trade of CANADA in goods current year until 202304

According to Dalian Infobank, in 202304, CANADA's exports and imports of goods amounted to 91214.2778 million, and were down 8.98% comparing with the same period of last year. Among these, exports were down 8.32% at 46344.1854 million, and imports were down 9.65% at 44870.0924 million. And the corresponding trade surplus was 1474.0930 million and up 66.59%.

During the current year until 202304, CANADA's total exports and imports of goods were 369145.6130 million and were down 0.27% comparing to the same period of last year. Among these, exports were 189941.7227 million and down 0.28%; imports were 179203.8903 million and down 0.26%. The total trade surplus was 10737.8324 million and down 0.64%.

If considering by country (region), UNITED STATES, CHINA, MEXICO, JAPAN, GERMANY were CANADA's top five trading partners. During the current year until 202304, CANADA's imports and exports to five countries/territories were 235956.4813 million, 28420.2442 million, 13013.7847 million, 8897.2037 million, 7692.2757 million. These values correspond to 63.92%, 7.70%, 3.53%, 2.41%, 2.08% of CANADA's imports and exports, and, respectively, were down 0.24%, down 6.02%, up 2.32%, down 0.61%, up 8.43% comparing to the same period of last year.

Current year until 202304, CANADA and the top five trade partners UNITED STATES, CHINA, JAPAN, UNITED KINGDOM, MEXICO are the top five countries/territories that CANADA exports to in terms of the total export amount. During the current year until 202304, CANADA's exports to these five countries/territories were 145744.1700 million, 7861.3097 million, 4226.9934 million, 3873.0938 million, 2112.5089 million. These values correspond to 76.73%, 4.14%, 2.23%, 2.04%, 1.11% of CANADA's exports and, respectively, were down 1.84%, up 28.21%, down 5.51%, down 15.52%, down 10.15% comparing with the same period of last year.

Current year until 202304, CANADA's exports to top five countries/territories UNITED STATES, CHINA, MEXICO, GERMANY, JAPAN are the top five countries/territories that CANADA imports from in terms of the total export amount. During the current year until 202304, CANADA's imports from these five countries/territories were 90212.3112 million, 20558.9345 million, 10901.2758 million, 5933.2347 million, 4670.2103 million. These values correspond to 50.34%, 11.47%, 6.08%, 3.31%, 2.61% of CANADA's total imports and, respectively, were up 2.47%, down 14.72%, up 5.14%, up 12.55%, up 4.28% comparing with the same period of last year.

During the current year until 202304, the trade surplus of CANADA was mainly from UNITED STATES, UNITED KINGDOM, HONG KONG CN, NORWAY, NETHERLANDS at 55531.8588 million, 1616.1337 million, 922.8768 million, 747.4662 million, 649.3205 million, and down 8.12%, down 38.10%, up 108.49%, down 13.96%, up 12.91%. And the trade deficits were mainly from CHINA, MEXICO, GERMANY, VIETNAM, ITALY at 12697.6248 million, 8788.7670 million, 4174.1938 million, 2715.1308 million, 2406.4038 million, and down 29.37%, up 9.63%, up 21.02%, up 5.61%, up 9.97%.

Current year until 202304, CANADA's trade surplus or deficit with top five countries/territories During the current year until 202304,  commodities with hs2 codes, 27, 87, 84, 85, 71, were CANADA's top five traded commodities. They correspond to the import and export values of 62752.4956 million, 47140.6848 million, 42176.8034 million, 21586.3922 million, 14588.9127 million, which were down 10.17%, up 15.89%, up 12.63%, up 3.45%, up 2.10% comparing with the same period of last year and account for 17.00%, 12.77%, 11.43%, 5.85%, 3.95% of CANADA's total imports and exports.

During the current year until 202304, 27, 87, 84, 71, 99 were CANADA's top five traded commodities, with total import and export values of 50014.0128 million, 19546.3855 million, 13935.2180 million, 9016.4674 million, 6839.1876 million. These values correspond to 26.33%, 10.29%, 7.34%, 4.75%, 3.60% of CANADA's total exports and, respectively, were down 12.40%, up 18.34%, up 18.93%, up 16.46%, up 4.82% comparing to the same period of last year.

During the current year until 202304, 84, 87, 85, 27, 39 were CANADA's top five traded commodities, with total import values of 28241.5854 million, 27594.2993 million, 16376.5394 million, 12738.4828 million, 6454.9101 million. These values correspond to 15.76%, 15.40%, 9.14%, 7.11%, 3.60% of CANADA's total exports and, respectively, were up 9.76%, up 14.22%, up 0.44%, down 0.18%, down 14.81% comparing to the same period of last year.

2. Current year until 202304, CANADA binational trade profile

According to Dalian Infobank, during the current year until 202304, CANADA-China binational exports and imports of goods amounted to 28420.2442 million and were down 6.02% comparing with the same period of last year. Among these, exports from CANADA to China were 7861.3097 million and up 28.21%, imports from China to CANADA were 20558.9345 million and down 14.72%. The total binational trade deficit was 12697.6248 million and down 29.37%.

During the urrent year until 202304, commodities with hs2 code, 84, 85, 12, 94, 87, were binational trade's top five traded commodities. They correspond to import and export values of 4949.5329 million, 4595.6473 million, 1629.2352 million, 1110.1692 million, 1091.1361 million and makes up 17.42%, 16.17%, 5.73%, 3.91%, 3.84% of the total binational imports and exports. These values were also down 2.65%, down 12.62%, up 283.56%, down 26.01%, down 7.60% comparing to the same period last year.

During the current year until 202304, 12, 26, 47, 27, 10 were the top five traded commodities exported to China from CANADA, with export values of 1591.8995 million, 933.2798 million, 883.8701 million, 837.3844 million, 612.9100 million. These values account for 20.25%, 11.87%, 11.24%, 10.65%, 7.80% of CANADA's total exports and were up 317.02%, up 11.62%, up 27.72%, down 15.92%, up 191.04% comparing to the same period of last year.

During the current year until 202304, 84, 85, 94, 73, 39 were CANADA's top five traded commodities importing from China , with import values of 4816.2600 million, 4481.4392 million, 1107.4564 million, 925.9084 million, 904.2873 million. These values account for 23.43%, 21.80%, 5.39%, 4.50%, 4.40% of CANADA's total imports and were down 2.26%, down 12.95%, down 26.05%, down 17.11%, down 15.08% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Statistics Canada