Top 10 Exports of Canada in 2024-25: Canada Exports by Country & Main Export Products

In the ever-evolving landscape of international trade, Canada continues to be a key player in the global market. With a diverse range of export products and strong trading relationships with countries around the world, the Canadian export industry is poised for continued growth in the years to come. According to Canada export data and trade data on Canada exports, Canada exported goods worth $569.24 billion in 2024, a 1% increase from the previous year. As per Canada export statistics and Canada export records, the total value of Canada's exports exceeded $147 billion in the first quarter of 2025. According to the global trade data, Canada is the 12th largest exporter in the world.  

Due in large part to the expectation of US tariffs, Canada's exports increased significantly in the first quarter of 2025. As a result, companies retracted their export orders, especially for industrial machinery and passenger cars. In particular, industrial machinery exports increased by 12% and passenger car exports by 16.7%. Overall, there was an upward trade balance as imports and exports both increased by 1.6%. Canada is the 3rd biggest exporter in North America, behind Mexico & the US, as per the North America Trade Data. In this article, we will take a closer look at the Canada exports overview for 2024-25, focusing on Canada exports by country, main export products, or top 10 exports of Canada, and export trends.

List of Canada Main Exports: Canada Exports by HS Code

Canada's main exports cover a diverse range of products, classified according to the Harmonized System (HS) Codes. These codes categorize exports into specific product groups, helping to streamline international trade. The list of Canada major exports includes a variety of goods such as mineral fuels, vehicles, machinery, and natural resources like wood and seafood. The top 10 exports of Canada, or Canada major exports, as per the data on Canadian exports and Canada export statistics for 2024-25, include:

1. Mineral fuels and oils (HS code 27): $144.99 billion

Mineral fuels and oils are one of the top exports of Canada, accounting for a substantial share of the country's total export revenue. These include petroleum oils, natural gas, and coal products. Canada's vast natural resources make it a key player in the global energy market.

2. Vehicles (HS code 87): $57.99 billion

The automotive industry is a crucial sector in Canada, with vehicles being the second-largest export commodity, as per the Canada Vehicles Export Data. Canadian-made cars, trucks, and automotive parts are in high demand globally, contributing significantly to the country's export earnings.

3. Nuclear reactors and machinery (HS code 84): $41 billion

Canada is a leader in nuclear technology and machinery, making it a top exporter in this sector, as per Canada machinery export data by HS code. Nuclear reactors, boilers, and machinery make up a substantial portion of Canada's total exports, showcasing the country's technological prowess.

4. Precious stones and metals (HS code 71): $34.10 billion

Canada is rich in precious stones and metals, including gold, silver, and diamonds. These valuable resources are coveted worldwide, making Canada a key player in the global precious metals market.

5. Electrical machinery and equipment (HS code 85): $17.45 billion

The electrical machinery and equipment sector is another significant contributor to Canada's export revenue. This category includes appliances, electronics, and telecommunications equipment, reflecting Canada's expertise in advanced technology products.

6. Plastics and articles thereof (HS code 39): $16.03 billion

Plastics and plastic products form a substantial part of Canada's exports, catering to various industries such as packaging, construction, and automotive. Canada's high-quality plastic products are in demand globally, driving export growth in this sector.

7. Wood and articles of wood (HS code 44): $13.54 billion

Canada is known for its vast forests and timber resources, making wood and wood products a significant export category. From lumber to pulp and paper, Canada's forestry industry plays a crucial role in the country's trade relations.

8. Aircraft, spacecraft, & parts thereof (HS code 88): $13.21 billion

Canada's aerospace industry is a key player in the global market, with aircraft, spacecraft, and parts being major exports. Canadian-made aircraft and components are renowned for their quality and innovation, contributing to Canada's export success in this sector.

9. Aluminum and articles thereof (HS code 76): $12.80 billion

Aluminum is a crucial export commodity for Canada, with the country being a significant producer of this versatile metal. Canada's aluminum products are used in various industries, including transportation, construction, and packaging.

10. Ores, slag, and ash (HS code 26): $11.67 billion

Ores, slag, and ash form another important category of Canada's exports, including minerals such as copper, iron, and nickel, as per the data on Canada nickel exports. These raw materials are essential for various industries, making Canada a key supplier in the global market.

Top 10 Canada Trade Partners: Canada Exports by Country

Canada's global trade landscape is dynamic, with the nation engaging in robust exports across various markets. The top 10 Canada trade partners showcasing strong commercial ties with the country include the United States, China, the United Kingdom, and Japan, among others. These partnerships play a crucial role in Canada's export-driven economy, fostering economic growth and collaboration on a global scale. The top 10 export partners of Canada, as per the data on Canada exports by country and Canada shipment data for 2024-25, include:

1. USA: $435.17 billion (76.4%)

Unsurprisingly, the United States tops the list as Canada's largest trade partner by a significant margin, as per the data on Canada exports to US. With a whopping $435.17 billion in exports to the US, accounting for 76.4% of Canada's total exports, the relationship between these two North American neighbors remains robust and mutually beneficial, as per the US-Canada trade.

2. China: $21.75 billion (3.8%)

In recent years, China has emerged as a key player in Canada's export market. With $21.75 billion in exports to China, making up 3.8% of Canada's total exports, the economic ties between Canada and the world's top economic powerhouse continue to strengthen, as per the data on Canada exports to China.

3. United Kingdom: $20.68 billion (3.6%)

Despite its geographic distance from Canada, the United Kingdom remains a significant trade partner for the country. With $20.68 billion in exports to the UK, comprising 3.6% of Canada's total exports, the historical ties between these two nations have translated into a strong economic partnership.

4. Japan: $10.91 billion (1.9%)

Japan holds the fourth position on the list of Canada's top trade partners, with $10.91 billion in exports to the Land of the Rising Sun. Accounting for 1.9% of Canada's total exports, the trade relationship between Canada and Japan continues to be characterized by mutual respect and collaboration.

5. Mexico: $6.27 billion (1.1%)

As Canada's neighbor to the south, Mexico plays a crucial role in Canada's export market, as per the trade data on Canada exports to Mexico. With $6.27 billion in exports to Mexico, representing 1.1% of Canada's total exports, the trade relationship between these two USMCA partners remains strong.

6. South Korea: $5.56 billion (1%)

South Korea's position as the sixth-largest trade partner for Canada is reflected in the $5.56 billion in exports to the East Asian nation. Comprising 1% of Canada's total exports, the economic ties between Canada and South Korea continue to grow.

7. Netherlands: $5.13 billion (0.9%)

The Netherlands, a key player in the European Union, ranks seventh on the list of Canada's top trade partners. With $5.13 billion in exports to the Netherlands, making up 0.9% of Canada's total exports, the trade relationship between these two countries is characterized by stability and cooperation.

8. Germany: $4.93 billion (0.9%)

Germany's position as the eighth-largest trade partner for Canada is reflected in the $4.93 billion in exports to the European powerhouse. Accounting for 0.9% of Canada's total exports, the economic ties between Canada and Germany continue to flourish.

9. Switzerland: $4.55 billion (0.8%)

Switzerland, known for its strong economy and stability, ranks ninth on the list of Canada's top trade partners. With $4.55 billion in exports to Switzerland, comprising 0.8% of Canada's total exports, the trade relationship between these two countries is characterized by reliability and trust.

10. India: $3.87 billion (0.7%)

Rounding out the top 10 list of Canada's trade partners is India, with $3.87 billion in exports to the South Asian nation. Accounting for 0.7% of Canada's total exports, the economic ties between Canada and India continue to strengthen, fueled by shared values and a growing demand for Canadian goods.

Canada Exports in the Last 10 Years: Historical Canada Export Data

Canada Export Volume & Shipment Trends (2024–25)

• Total exports (goods) reached $569 billion in 2024 (+1% YoY).
• From February to March 2025, exports grew from $60.4B to $66.8B (+10.6%).
• April 2025 saw a sharp decline: $60.4B (-10.8% MoM), the lowest since June 2023.
• Exports to non-U.S. destinations rose by 2.9% in April, amid falling U.S. volumes. 

Canada Exports Share by Destination (2024-25)

• In 2024, 75.9% of Canadian goods exports went to the U.S., and 62.3% of imports came from the U.S.
• U.S. tariffs since Feb 1, 2025: 25% on all non‑USMCA goods, 10% on energy, plus steel/aluminum triggered Canada’s countermeasures. 

Canada Export Outlook & Early Trends in 2025

• Q1 2025: Merchandise exports are weak due to tariffs and a stronger CAD. April's trade deficit hit a historic high: C$7.1B 
• Rebasing in StatsCan data includes digital imports since November 2024.
• Commodity shift: Canola farmers pivoting to spring wheat due to tariffs. Wheat acreage and exports are expanding.

US Tariffs on Canada & Impact 

• U.S. levied 25% tariffs on non‑USMCA goods from Canada, 10% on energy, and 25% on steel/aluminum since Feb 1, 2025. 
• Canada responded with 25% counter‑tariffs on C$20B + of U.S. goods.
• April sector analysis: Exports to the U.S. dropped 15.7%; non-U.S. rose 2.9%. 
• By product, steel, autos, crude oil, and machinery are most impacted.

Canada Trade Agreements & Diversification

• USMCA/CUSMA (in force since July 2020)
• CPTPP: includes UK accession discussions; Canada–UK working group formed June 15, 2025. 
• CETA: full EU deal in force Sept 2017.
• Canada–UK TCA: provisional since April 2021.
• CEPA with Indonesia is ongoing; talks with ASEAN and others.
• June 15, 2025: Canada–UK trade working group to reduce barriers (digital, critical minerals, AI). 

Insights for Businesses

• Market shift: Firms are pivoting to non-U.S. markets. e.g., China, UK, Brazil, Algeria, all growing. 
• Sector resilience: Energy and agriculture (especially wheat, metals, lumber) are key hedges.
• Tariff mitigation: 57% of Canadian exporters took actions, diversifying markets, delaying investment. 
• Provincial impacts: Ontario & Quebec were heavily hit by industrial tariffs; resource provinces (Alberta, Saskatchewan) were more stable. 

Canada Export Forecast 2025 and Beyond

• Expect export volatility: US markets subdued, non-U.S. markets gradually take more share.
• Steel, autos, energy exposures tied to US tariffs; agriculture rebalancing toward wheat.
• New trade agreements (e.g., CPTPP expansions, CEPA) can foster diversification.

Strategic Recommendations

• Diversify: Target growth in UK/Europe (CETA, CPTPP), Indo-Pacific (new CEPA, CPTPP).
• Product focus: Export-ready sectors: energy, agri-food, minerals, machinery.
• Tariffs navigation: Leverage USMCA rules; apply for exemptions; consider origin compliance.
• Currency hedging: Use forward contracts to buffer CAD volatility.
• Stay informed: Monitor ongoing trade missions (e.g., Malaysia, Indo-Pacific, Australia) led by ministers. 

Executive Summary on Canada Export Data 2024-2025

• Canada’s 2024 exports modestly rose (+1%), but 2025 saw a sharp April decline amid U.S. tariffs and currency appreciation.
• U.S. remains primary export partner (76%), though non-U.S. markets are stepping in.
• Energy, vehicles, and agriculture lead exports; steel and autos hit by tariffs.
• Canada is actively diversifying via trade pacts with the UK, EU, CPTPP, Indonesia, and exploring ASEAN.
• Businesses should pivot, diversify markets, hedge currency, and adapt to trade policy volatility.

Frequently Asked Questions (FAQs)

1. Who are the top Canada trade partners in 2025?

Canada's top trade partner remains the United States, accounting for over 76% of exports. Other major Canada trade partners include China, the United Kingdom, Japan, and Mexico, reflecting strong bilateral relationships in key export sectors like energy, vehicles, and machinery.

2. What are the top exports of Canada by value in 2024-25?

As per Canada export statistics, the Top Exports of Canada include mineral fuels & oils ($144.99B), vehicles ($57.99B), machinery ($41B), and precious metals ($34.10B). These sectors drive a significant share of Canadian exports, especially to the US and other top markets.

3. How much does Canada export to the United States?

According to the latest Canada export data, Canada exports to US totaled $435.17 billion in 2024, making up 76.4% of Canada's total exports. Despite recent U.S. tariffs, the US-Canada trade relationship remains critical for Canada’s economic performance.

4. How have U.S. tariffs impacted Canada export performance in 2025?

The US-Canada Trade relationship faced challenges in 2025 due to U.S. tariffs (25% on non-USMCA goods, 10% on energy). These tariffs caused a 15.7% drop in exports to the US in April 2025, but Canada export volumes to non-US destinations rose by 2.9%, showing diversification efforts.

5. Where can I find the most reliable Canada export statistics and trade data?

For updated and detailed Canada export statistics, Canada export records, and shipment data, visit TradeImeX. It offers customized reports on Canadian exports, including HS code data, tariff impacts, and insights into Canada trade partners and product-wise performance.

Conclusion

In conclusion, Canada's export industry is poised for continued growth and success in 2024-25. With a diverse range of export products, strong trading relationships with countries around the world, and key export trends driving innovation and change, Canadian exporters have a bright future ahead. By staying ahead of market trends, embracing sustainability, and leveraging digital tools, Canadian businesses can continue to thrive in the global marketplace and expand their presence on the world stage.

In the end, we hope that you liked our insightful blog report on Canada exports 2024-25. To access more such global trade trends and Canada import-export data, visit TradeImeX. Contact us at info@tradeimex.in to get the latest & exclusive customized database report on Canada trade data.