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Posted July 29, 2026

Lower crude oil prices reduced U.S.-Canada energy trade value in 2025 ›

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The value of energy trade between the United States and Canada fell by 11% in 2025 to an estimated $137 billion, 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—$111 billion in 2025—rather than from U.S. energy exports to Canada, which totaled $26 billion last year. Crude oil accounts for the largest component of U.S.-Canada energy trade, making up 69% of the total value traded in 2025.

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Previously in Today in Energy

• Hybrid sales rise while battery electric sales remain lower after tax credit expiration
• Energia Costa Azul, Mexico’s second LNG terminal, shipped first cargo
• Commercial crude oil inventories increased by 2.0 million barrels
• More