The overall value of imports into the United States of America furnished by its northern neighbor fell by an average -2.1% year over year from 2023 when America’s purchases from suppliers located in Canada were valued at $431.2 billion.
In comparison, the US exported $348.5 billion worth of products to buyers in Canada in 2024. That dollar amount equals 82.6% compared America’s total spending on all commodities imported from Canada. US export sales to Canada slowed by -1.2% from $352.8 billion for 2023.
As a result, America incurred a -$73.7 billion deficit trading goods with Canada during 2024, down from -$78.4 billion in red ink one year prior.
Highlighted below are the 100 most valuable imports and exports exchanged by the United States and Canada during 2024.
This research is based on the detailed four-digit Harmonized Tariff System code level.
Information in this article is presented in two searchable document databases for the top 100 trade products between the two North American countries.
Top US Imports from Canada
The following document database highlights the 100 most valuable goods that America imported from Canada in 2024.
The showcased 100 import products represent US$328.1 billion in American spending in 2024 or over three-quarters (77.7%) of total US spending on imports from Canada.
Imports into the United States from Canada equaled 12.6% of overall US imports from around the world in 2024, down 13.6% for 2023.
Fastest-growing US imports from Canada from 2023 to 2024 were electric storage batteries (up 557.5%), radioactive chemical elements (up 77%), public-transport vehicles (up 37.9%), chocolate and other cocoa preparations (up 34.1%), then electrical or optical circuit boards and panels (up 31.8%).
Decliners impacting America’s spending on imported goods from Canada the most were led by Canadian coins (down -39.2% from 2023), petroleum gases (down -38.9%), electrical energy (down -34.5%), raw nickel (down -34.1%) then unwrought gold (down -28.4%).
In addition, US purchases of cars sold by Canada retreated by -18.6% in 2024 compared to 2023.
Top US Exports to Canada
The following document database focuses on the 100 leading products that American exporters sold to customers located in Canada in 2024.
The itemized 100 US export products represent US$209.3 billion in American sales to Canada in 2024 or three-fifths (60.1%) of total US exports into Canada.
A leading customer, Canada bought 16.9% of America’s total exports to all trading partners in 2024, a decline from 17.5% from 2024.
The greatest increases among the top 100 US exports into Canada from 2023 to 2024 belong to American-supplied turbo-jets (up 44.1%), public-transport vehicles (up 25.5%), electric storage batteries (up 24.7%), computer parts or accessories (up 24%), then chocolate plus other cocoa preparations (up 22.7%).
The heaviest declines among America’s sales of exported goods to Canada were recorded for shrinking Canadian spending on biodiesel (down -48.2% from 2023), petroleum gases (down -36.5%), unprocessed platinum (down -35.3%), electrical energy (down -28.9%), electronic integrated circuits and microassemblies (down -23.5%), heavy machinery like bulldozers and excavators (down -22%), then trailers (down -20.2%).
See also Canada’s Top Exports, United States Top Exports, Canada’s Top Imports and United States Top Imports
Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on April 16, 2025
Trade Map, International Trade Centre. Accessed on April 16, 2025