Fact Check: "U.S. goods trade with Canada totaled $762 billion last year."
What We Know
The claim states that U.S. goods trade with Canada amounted to $762 billion in the previous year. According to the United States Trade Representative, U.S. total goods trade with Canada was indeed estimated at $762.1 billion in 2024. This figure includes both exports and imports, with U.S. goods exports to Canada reported at $349.4 billion, which reflects a slight decrease from the previous year.
Additionally, the International Trade Administration indicates that two-way trade in goods and services between the U.S. and Canada totaled approximately $919.2 billion in 2022, which suggests that the figure for goods alone might vary depending on the specific metrics used (goods vs. goods and services).
Analysis
The claim can be substantiated with credible sources. The figure of $762.1 billion for 2024 is directly cited from the U.S. Trade Representative, which is a reliable government source. However, it is important to note that the claim refers to the previous year, which would be 2023. The data for 2023 is not explicitly provided in the sources available, making it difficult to confirm the exact figure for that year.
The Census Bureau provides trade data but does not specify the total for 2023 in the snippet available. The lack of specific data for 2023 raises questions about the accuracy of the claim, as it relies on a projection or estimate rather than confirmed data.
Moreover, the Bureau of Industry and Security mentions that U.S. trade levels with Canada exceeded prior five-year averages but does not provide a specific figure for 2023. This indicates that while trade levels may have been high, the exact figure of $762 billion for 2023 remains unverified.
Conclusion
Verdict: Needs Research
The claim that U.S. goods trade with Canada totaled $762 billion last year cannot be fully confirmed due to the lack of specific data for 2023. While the figure for 2024 is available and accurate, the absence of concrete data for the previous year means that further research is necessary to validate the claim.
Sources
- Trade in Goods with Canada Available years: 2025 | 2024 | 2023 | 2022 ...
- Canada - Bureau of Industry and Security
- Canada - Market Overview - International Trade Administration
- Trade in Goods with USMCA with Canada (Consump)
- Canada | United States Trade Representative
- Countries & Regions | United States Trade Representative
- Pandemic Alters Profile of U.S.-North America Trade and Border ...
- U是酶活力单位，那U/mg和mU/mg是什么意思 - 百度知道
