U.S. Share of Canada's Exports

## What this measures

Exports to the United States (canada.trade.exports_to_us) divided by exports to all countries (canada.trade.exports).

## Why it matters

It measures how dependent Canada is on a single customer, and whether the push to diversify trade after U.S. tariffs is working.

## How to read it

Around 75% is the long-run norm. A falling share means sales elsewhere are growing faster, or sales to the U.S. are shrinking; check which with the two underlying series.

## What it does not say

It covers goods only, and oil shipments to the U.S. make it sensitive to energy prices.

## Source

Statistics Canada, table 12-10-0011-01 (vector v87008956), "International merchandise trade, balance of payments, seasonally adjusted; Export; United States and All countries". Palanor pulls it from Statistics Canada's Web Data Service every day and rewrites recent periods so revisions carry through.

Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product. Statistics Canada Open Licence.