In 2025, Canada sold USD 10.4 billion of goods to Japan and bought USD 15.1 billion from it. The DESTA database lists 2 trade agreements that include both countries, the most recent being Comprehensive and Progressive Agreement for Transpacific Partnership (CPTPP) (2018). Both are members of the G20, the G7, the OECD and APEC. Their agreement score in UN General Assembly voting was 84 percent in 2023, and 79 percent on average over 2019 to 2023.
Benefits
BothTrade in goods runs both ways in similar amounts: Canada sold USD 10.4 billion and Japan sold USD 15.1 billion in 2025.
BothTwo-way trade in nuclear materials, reactors and spacecraft grew about 9.3 times, from USD 12.9 million in 2019 to USD 121 million in 2025.
BothComprehensive and Progressive Agreement for Transpacific Partnership (CPTPP), signed 2018 and in force since 2018.
Constraints
BothThe two countries' customs reports differ on goods sold by Japan to Canada in 2025: Canada reports USD 15.1 billion and Japan reports USD 11.0 billion.
BothFlows are one-sided: in 2025, Canada sold USD 1.93 billion of mineral fuels and oils, against USD 54.3 million the other way.
BothFlows are one-sided: in 2025, Canada sold USD 791 million of critical minerals and metals, against USD 1.3 million the other way.