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Deutschland / Germany

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Canada–Germany Trade Overview

Total Trade in Goods & Services (2022–2024) / Data Summary (approximate, in USD)

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Note: 2024 values are estimates based on trends from Statistics Canada and Germany’s Federal Statistical Office.

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Key Insights

 

- Germany is Canada’s top trade partner in the European Union, consistently ranking #1 in goods imports from the EU.

- Canada maintains a trade deficit with Germany, largely due to strong imports of vehicles, machinery, and pharmaceuticals.

- Services trade is growing rapidly, especially in professional, transportation, and tourism-related sectors.

- Germany is a key technological and industrial partner, while Canada provides valuable energy, raw materials, and advanced aerospace components.

Canada & Germany in Global Rankings

 

Germany’s Trade Partners – Canada’s Rank

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Canada ranks 27th among Germany's global trade partners.

Canada’s Trade Partners – Germany’s Rank

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Germany is Canada’s 9th largest trade partner globally, and #1 in the European Union.

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