Trade

Quick Facts:
America's Biggest Trading Partner

• Canada is the biggest export market for U.S. products. $1.6 billion in two-way goods trade a day — that’s $1 million every minute.
• Over 70% of Canada–U.S. trade is transported by truck - one of which crosses the northern border every 1.5 seconds on average.
• 7.1 million U.S. jobs are supported by trade with Canada.
• In 2007 Canada was the # 1 export market for 35 states.
• Last year, total U.S. exports to Canada exceeded total U.S. exports to the U.K., Germany, Japan, and China combined; total U.S. exports to all 27 EU countries in 2007 were below total exports to Canada.
• Canadian-owned businesses support over 1.3 million trade-related jobs in the northern border states alone.
• The U.S. is the most important destination for Canadian direct investment abroad ($197.2 billion in 2006). More than 16,000 companies in the U.S. are Canadian owned, employing more than 580,000 Americans.
• The U.S. accounted for $241.3 billion or 61% of the total stock of foreign direct investment in Canada in 2006.
• In 2006, Americans made 13.8 million visits to Canada, spending $6.4 billion; while Canadians made 21.8 million visits to the U.S., spending $8.8 billion.

Find out about Canada's relationship and importance to your state by checking out the 2007 State Trade Fact Sheets. This collection highlights the importance of the trade relationship between Canada and all 50 States and features success stories from local businesses and corporations.