RSS feed source: NIST--Advanced Communications
In-brief analysis
July 30, 2025
This TIE was updated on August 4 to clarify language.
Data source: Standard International Trade Classification data published by the U.S. Census Bureau
Note: Prices are adjusted for inflation.
The value of energy trade between the United States and Canada remained steady in 2024 at an estimated $151 billion compared with $154 billion in 2023, according to data from the U.S. Census Bureau. Energy trade value is the total value of energy imports and exports between two countries and is driven by commodity volumes and prices. Most of the U.S.-Canada trade value is U.S. energy imports from Canada—$124 billion in 2024—rather than from U.S. energy exports to Canada, which totaled $27 billion last year.
The volume of crude oil and natural gas traded between the two countries increased in
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