Ontario

Overview In September 2024 Ontario exported C$20.5B and imported C$38.8B, resulting in a negative trade balance of C$18.3B. Between September 2023 and September 2024 the exports of Ontario have decreased by $-435M (-2.08%) from C$20.9B to C$20.5B, while imports decreased by C$-1.02B (-2.55%) from C$39.8B to C$38.8B.

Trade In September 2024, the top exports of Ontario were Cars (C$3.14B), Gold (C$2.15B), Motor vehicles; parts and accessories (8701... (C$1.26B), Delivery Trucks (C$758M), and Baked Goods (C$619M). In September 2024 the top imports of Ontario were Cars (C$3.23B), Delivery Trucks (C$2.7B), Commodities not elsewhere specified (C$2.4B), Motor vehicles; parts and accessories (8701... (C$1.81B), and Gold (C$1.15B).

Destinations In September 2024, Ontario exported mostly to United States (C$16.3B), United Kingdom (C$1.88B), Mexico (C$323M), Germany (C$183M), and China (C$176M), and imported mostly from United States (C$21.1B), China (C$4.11B), Mexico (C$2.89B), Japan (C$1.25B), and Germany (C$863M).

Growth In September 2024, the decrease in Ontario's year-by-year exports was explained primarily by an decrease in exports to United States (C$-809M or -4.72%), Hong Kong (C$-754M or -95.6%), and Saudi Arabia (C$-153M or -88.2%), and product exports decrease in Cars (C$-1.14B or -26.7%), Tanks and Armored vehicles (C$-182M or -88.5%), and Packaged Medicaments (C$-146M or -29.5%). In September 2024, the decrease in Ontario's year-by-year imports was explained primarily by an decrease in imports from China (C$-645M or -13.5%), Mexico (C$-299M or -9.38%), and United States (C$-294M or -1.38%), and product imports decrease in Motor vehicles; parts and accessories (8701... (C$-450M or -19.9%), Cars (C$-360M or -10%), and Crude Petroleum (C$-342M or -74.6%).