American Oil Exports to Canada Fall 28 Percent, as Trade Deal Hangs in Balance

The two nations are yet to agree on a trade deal.

An oil pump jack in a field near Calgary, Alberta, Canada, on July 21, 2014. Reuters/Todd Korol/File Photo

The crude oil trade between the United States and Canada has gone down in recent months, with U.S. exports to Canada declining by about 28 percent in the combined March–April period from the same time last year, the Energy Information Administration (EIA) said in a July 30 report.

In March, the United States exported 9.22 million barrels of oil to Canada, down by 29 percent from the 13.01 million barrels a year ago, according to data from EIA.