Overview In July 2021 United States exported $25.7B and imported $30B from Canada, resulting in a negative trade balance of $4.26B. Between July 2020 and July 2021 the exports of United States have increased by $4.64B (22%) from $21.1B to $25.7B, while imports increased by $7.64B (34.2%) from $22.3B to $30B.
Trade In July 2021, the top exports of United States to Canada were Delivery Trucks ($1.13B), Cars ($1.11B), Commodities not elsewhere specified ($1.09B), Refined Petroleum ($901M), and Vehicle Parts ($769M). In July 2021 the top imports of United States from Canada were Crude Petroleum ($6.6B), Cars ($1.83B), Commodities not elsewhere specified ($1.53B), Petroleum Gas ($877M), and Refined Petroleum ($850M).
Origins In July 2021 the exports of United States were mainly from Texas ($2.43B), Michigan ($1.9B), Illinois ($1.61B), Ohio ($1.44B), and California ($1.42B), while imports destinations were mainly Illinois ($3.85B), Michigan ($2.77B), California ($2.46B), Texas ($1.87B), and Washington ($1.59B).
Growth In July 2021, the increase in United States's year-by-year exports to Canada was explained primarily by an increase in product exports in Refined Petroleum ($491M or 119%), Blood, antisera, vaccines, toxins and cultures ($443M or 422%), and Aircraft Parts ($316M or 93.6%). In July 2021, the increase in United States's year-by-year imports from Canada was explained primarily by an increase in product imports in Crude Petroleum ($3.3B or 100%), Petroleum Gas ($504M or 135%), and Sawn Wood ($417M or 97.3%).