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As of November 2024, the U.S. government estimated the United States's trade deficit with Canada to be US$55 billion. [6] This trade deficit is largely driven by American demand for Canadian oil; when oil exports are excluded, the U.S. has a trade surplus with Canada. [6]
This is a list of countries by net goods exports, ... countries with negative net exports have a trade deficit. ... Canada: 569 257.11: 570 418.95: −1 161.84: 569 ...
The trade relationship of the United States with Canada is the largest in the world.. In 2023, the goods and services trade between the two countries totaled $923 billion. U.S. exports were $441 billion, while imports were $482 billion, resulting in a United States $41 billion trade deficit with Canada. [1]
On Sunday, Trump also said he wanted the countries to "balance out their trade, number one." ... the U.S. goods trade deficit with Canada was $80.1 billion in 2022, a 68% increase over 2021.
The U.S. goods and services trade deficit with USMCA was $184.6 billion in 2022, according the Office of the United States Trade Representative. Trudeau called USMCA "the most successful trading ...
The US trade deficit ... in addition to the $67.9 billion deficit with Canada ... The company’s sales to China ground to a near-halt in 2017 as trade tensions between the two countries escalated ...
Hillman, the ambassador, has said the U.S. had about a $75 billion Canadian ($51 billion) trade deficit with Canada last year, but noted that one-third of what Canada sells into the U.S. is energy exports and that there is a deficit when oil prices are high. About 60% of U.S. crude oil imports are from Canada.
World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.