List of the largest trading partners of Canada: Difference between revisions

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2014

As of 2008^[update] ^[1]

Country	% Share of Total Exports	% Share of Total Imports
United States	77..	52.4
China	2.2	9.8
United Kingdom	2.7	2.9
Japan	2.3	3.5
Mexico	1.2	4.1
Germany	0.9	2.9
Netherlands	0.8
South Korea	0.8	1.4
Vietnam	0.7
France	0.7	1.4
Algeria		1.8
Norway		1.4
Total of Top Ten	90.0	81.6

This list does not include the European Union which is a single economy and trading bloc (including France, Germany and the United Kingdom from the above list). The EU would be Canada's second largest trading partner with 10.5% of its trade (€46.6bn) in 2010.^[2]

References

^ http://web.archive.org/web/20091212162631/http://www.investinontario.com/siteselector/coca_401.asp Source: Industry Canada, 2009 (6/2009)
^ Canada, European Commission, Directorate-General for Trade

[1] ttp://web.archive.org/web/20091212162631/http://www.investinontario.com/siteselector/coca_401.asp Source: Industry Canada, 2009 (6/2009)

[2] Canada, European Commission, Directorate-General for Trade

[1]

[2]

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	This is a '''list of the largest trading partners of Canada'''. Canada is considered to be a [[trading nation]] as its total trade is worth more than two-thirds of its [[GDP]] (the second highest level in the [[G7]] after [[Germany]]).<ref>http://www.investinontario.com/siteselector/coca_401.asp</ref><ref>http=book_result&ct=result&resnum=2&ved=0CBoQ6AEwAQ#v=onepage&q&f=false</ref><ref>http://stats.oecd.org/Index.aspx?DataSetCode=TRADEINDMACRO</ref>

	Historically, the issue of Canada's largest trade partners, and dependence on particular markets, has been a major political issue. At the time of [[Canadian Confederation\|Confederation]] in 1867, the [[Canada – United Kingdom relations\|United Kingdom]] was by far Canada's largest trading partner, reflecting the close historical, cultural, and institutional ties within the [[British Empire]]. Over time, more and more of Canada's trade was proportionally done with the [[Canada – United States trade relations\|United States]]. Various governments hoped to strengthen or reverse this trend, by changing [[tariff policy]] either to one of [[Imperial Preference]] with the British, [[Reciprocity (Canadian politics)\|Reciprocity]] with the [[National Policy]] of internal development. The 1891 and 1911 elections were fought partly over the issue of closer trade relationships with the British. Following the [[American Civil War\|Civil War]], the United States emerged as Canada's largest trading partner. By the time the United Kingdom joined the [[European Economic Community]] in 1973, the idea of the UK as an alternative to the USA as Canada's largest market was no longer viable. Canada and the United States signed the [[Canada – United States Free Trade Agreement\|Free Trade Agreement]] in 1988 (which was expanded into [[NAFTA]] by the addition of [[Canada–Mexico relations\|Mexico]] in 1994). Since that time the United States has dominated Canadian trade by an overwhelming degree. After the Wars, trade with Asia began to expand, especially [[China]]. After the opening of [[Canada – People's Republic of China relations]] in 1970, trade with China has expanded rapidly.