State trade fact sheets - Vermont
- 73 Canadian-owned businesses employ 2,662 workers in Vermont
- Canada is the #1 customer for most states,
- 76% of Canadian exports to the U.S. are raw materials, parts, and components used to create other goods in the United States
- Vermont sells more goods to Canada than to its next three largest foreign markets combined — Taiwan, China & South Korea
Tailored to Vermont
Montreal-based Peerless Clothing International, the largest manufacturer and distributor of tailored clothing in North America, recently expanded its St. Alban’s, Vermont distribution and warehouse center. This 1,000,000 square foot, state-of-the art distribution facility is linked to the Montreal manufacturing facility by its fully integrated computer system. With leading technology and the industry’s most advanced Electronic Data Interchange facility, Peerless is able to service all of its customers’ orders within a 24 to 48 hour time period. The company now employs about 300 people, making it one of northwest Vermont’s five largest employers.
Harnessing Solar Power
In September 2021, Canada’s iSun Energy announced the acquisition of Vermont’s SunCommon to create a regional full-service solar installation leader servicing the residential, commercial, industrial and utility-scale markets including solar electric vehicle charging. The acquisition results in over 200 new Vermont-based employees at iSun. The 9-year-old company, which chose Vermont because the state promotes renewable energy and is friendly to electric vehicle policies, is on a mission to create clean energy and mobility, through the delivery of smart, connected, resilient and attractive solar power shading structures. As the company’s canopies are assembled in Canada using U.S.-made solar panels, iSun is an excellent example of the cross-border supply chain.
Facilitating Organ Delivery
Beta Technologies, is a Burlington-based aircraft manufacturer with over 200 employees. Beta develops fully electric vertical take off and landing aircraft as well as a charging network for the aircraft. Beta has partnered with Unither Bioelectronics, a subsidiary of United Therapeutics based in Quebec, on the development of its autonomous airborne organ delivery system. United Therapeutics will act as an early adopter of Beta’s Alia aircraft. Simultaneously, Beta has partnered with Montreal-based CAE, a world leader in simulation and training technologies for aerospace, to deliver a best-in-class training program for the Alia Aircraft.
Vermont exports $826 million in goods to Canada annually
Vermont exports to Canada by industry
- Agriculture: 14%
- Apparel & textiles: 3%
- Chemicals: 3%
- Equipment & machinery: 48%
- Forest products: 16%
- Minerals & metals: 7%
- Transportation: 6%
- Other: 3%
Vermont imports $2.1 billion in goods from Canada annually
Vermont imports from Canada by industry
- Agriculture: 23%
- Energy: 43%
- Equipment & machinery: 10%
- Forest products: 9%
- Minerals & metals: 4%
- Other: 11%
Top Vermont goods exports to Canada
- Paper & paperboard: $75 million
- Cocoa & chocolate: $53 million
- Aircraft & parts: $38 million
- Wood & semi-finished wood products: $32 million
- Pearls, gems, precious metals & jewelry: $24 million
- Dairy products, eggs & honey: $20 million
- Softwood lumber: $16 million
- Optical, medical & precision instruments: $15 million
- Pasta, breads & cereal preparations: $15 million
- Fiber & woven goods from manmade sources: $11 million
Top Vermont goods imports from Canada
- Electricity: $472 million
- Fuel oil: $301 million
- Cocoa & chocolate: $228 million
- Natural gas & other gases: $149 million
- Softwood lumber: $115 million
- Sugars: $59 million
- Animal feed & food industry residues: $57 million
- Cereals: $50 million
- Plastics & plastic articles: $45 million
- Wood & semi-finished wood products: $43 million
Vermont exports $112 million in services to Canada annually
Top Vermont services exports to Canada
- Transport: $56 million
- Business services: $17 million
- Charges for the use of intellectual property: $15 million
- Travel (including for eduction): $15 million
- Insurance services: $5 million
For more information on Vermont’s trade with Canada, please contact our trade team in Boston.
- Unless otherwise mentioned, all figures are based on 2021 data in U.S. dollars.
- U.S. Census Bureau: goods trade, Canada’s export ranking (2/2022 release).
- The Trade Partnership: 2019 services exports (estimated, 11/2021 release).
- Dun + Bradstreet: Canadian-owned businesses (3/2022 release).
- Figures may not add up due to rounding.
- Date Modified: