The greatest bilateral trading relationship in the world
Canada and the U.S. do not just share a border or a history. We also share the greatest trading relationship in the world. Every day, $1.6 billion in goods and services cross the border, which supports millions of jobs in both countries.
Canada is the #1 export market for 34 states
Canada and the U.S. build things together… For the world
The unique facet of Canada–U.S. trade is the level of integration. An estimated one third of all U.S.-Canada trade is within the same company and another one third occurs through an established supply chain between companies.
Goods routinely cross the border multiple times — up to six times in the case of complex manufactured goods like automobiles — before the finished product is ready for consumers.
Amongst the top exports and imports between Canada and the U.S. are motor vehicles and motor vehicle parts, machinery, and electrical apparatus. These are all inputs of larger products and highlight that Canada and the U.S. truly are building things together.
Major companies and small and medium enterprises in Canada and the United States all depend on smooth and efficient cross border supply chains. For our manufacturers, cross border trade means the ability to create jobs at home and products that are sold worldwide.
The integration of our economies is the fundamental reason it is so important that Canada and the U.S. work together as we focus on economic recovery.
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Canadian Chamber of Commerce
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