35.8 Million (2018)*
Canadian Dollar $ (CAD)
*Source: The CIA World Factbook
Canada is the top export market for 35 out of 50 U.S. states
Nearly $2 Billion in cross border trade each day
$300 Billion Worth of U.S. Goods Exported (2018)
One of the world’s heaviest users of the internet
Most accessible markets for U.S. exporters
Top B2C Cross-Border E-Commerce Opportunities
In consumer product sectors, Canada’s wide ethnic diversity and high level of consumer disposable income provide broad food and consumer goods selling opportunities. Due to Canada’s strong economy and proximity to the United States, retailers aspire to tap into the growing e-commerce market in Canada. For U.S. retailers who are selling beyond their borders for the first time, Canada offers an easy cross-border opportunity with similar taxes, fees, and shipping safety. Canadians cite lower prices and better selection as some reasons for shopping outside the country.
Top B2B Cross-Border E-Commerce Opportunities
Virtually all Canadian small business owners report making online purchases. Large numbers of business owners are opting to purchase their travel online and are more likely to access government services or office supplies online.
Trade Regulations & Customs Information
Import Tariffs: Canada eliminated tariffs on all industrial and most agricultural products imported from the United States on January 1, 1998, under the terms of the NAFTA. Tariffs and tariff-rate quotas (TRQs) remain in place on grain, dairy and poultry tariff lines.
Import Requirements: The Canada Border Services Agency’s website lists the required documents for import. The most important document required from a U.S. exporter is a properly completed Canada Customs Invoice or its equivalent for all commercial shipments imported into Canada. The exporter can use its own form if the required information is provided. At the border, the importer or customs broker also submits Form B3, the customs coding form.
Customs Regulations: Certain goods may be prohibited or controlled, or require special permits, inspections, or conditions to be allowed into Canada. The Canada Border Services Agency (CBSA) provides a step-by-step guide to help importers determine whether their goods may be subject to special rules or conditions.
Export Controls: The North American Free Trade Agreement came into force and eliminated many export controls to reduce barriers to trade between the United States, Canada and Mexico. This allows these countries to ship their goods all across North America without any fees or Shipper’s Export Declarations (SED’s).
Source: The International Trade Administration (ITA), U.S. Department of Commerce www.export.gov