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exports of goods and services to Canada were nearly US$429 billion in 2022, an increase of 16.7% from 2021. Two-way trade in goods and services totaled US$919.2 billion in 2022, and 2022 bilateral investment stock totaled US$1.027 trillion, exceeding the trillion-dollar mark for the first time according to the Department of Commerce’s Bureau of Economic Analysis (BEA). Canada and the United States trade over US$2.5 billion in goods and services daily.
In 2022, Canada maintained its position as the United States’ top trading partner.
export market, accounting for 14.2% of all U.S. The United States and Canada enjoy the world’s largest and most comprehensive trading relationship that supports millions of jobs in each country and constitutes a US$1.95 trillion bilateral trade and investment relationship.