| #CanadaFacts
Economy
Understand how various levels of government across Canada generate revenue and where the money goes. Explore economic levers, including taxes, trade, inflation, immigration, and employment trends, and how they impact Canadians. Dive into our Canada Facts series, where fascinating insights meet reliable data, delivering everything you need to stay informed and captivated about Canada!
How much crude oil does Canada export to the United States?
In 2023, the United States imported 3.8 million barrels per day from Canada, representing about 60% of the total crude oil it imported that year. Between 2013 and 2023, Canada’s share of the United State’s total crude oil increased by 33% from 2.57 million barrels per day to 3.8 million barrels per day.
Who are Quebec’s top trade partners?
In 2024, the value of goods Quebec exchanged with its international trade partners totaled almost $226.7 billion, up about 3 percent or $6.5 billion from $220.2 billion the year before. The United States made up 55% of Quebec’s total international merchandise trade in that year, 7.7 times more than China, its second-largest trade partner.
Who are Ontario’s top trade partners?
Combining imports and exports, the United States was Ontario’s top trade partner in 2024, with more than $438 billion of goods exchanged. The United States made up 61% of Ontario’s total international merchandise trade in 2024, 8.7 times more than China, its second-largest trade partner.
Who are Canada’s top trade partners?
In 2023, the United States was Canada’s top trade partner with nearly $968 billion of goods and services exchanged between the two nations.