CA Trade Balance
It’s a leading indicator of consumer demand – a rising surplus indicates that foreigners are buying more of the country's resources;
A positive number indicates that more goods were exported than imported. About 75% of Canadian exports are purchased by the US;
- CA Trade Balance Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Dec 5, 2024 | -0.9B | -1.0B | -1.3B |
Nov 5, 2024 | -1.3B | -0.9B | -1.5B |
Oct 8, 2024 | -1.1B | -0.4B | -0.3B |
Sep 4, 2024 | 0.7B | 0.7B | -0.2B |
Aug 6, 2024 | 0.6B | -2.0B | -1.6B |
Jul 3, 2024 | -1.9B | -1.3B | -1.3B |
Jun 6, 2024 | -1.0B | -1.2B | -2.0B |
May 2, 2024 | -2.3B | 1.1B | 0.5B |
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- CA Trade Balance News
In October, Canada's merchandise exports increased 1.1% and imports rose 0.5%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.3 billion in September to $924 million in October. Due to the implementation of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) digital initiative and delays in the receipt of merchandise import data at Statistics Canada, estimates were added to the collected values in order to produce a more complete picture of Canada's import activity in ...
In September, Canada's merchandise exports decreased 0.1%, while imports fell 0.4%. Consequently, Canada's merchandise trade deficit with the world narrowed from $1.5 billion in August to $1.3 billion in September. Due to the implementation of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) digital initiative, results for September include greater use of estimation to provide a complete picture of Canada's merchandise imports. Please see the Note to readers section below for more details. Consult the ...
In August, Canada's merchandise exports fell 1.0%, while imports edged up 0.3%. Consequently, Canada's merchandise trade balance with the world widened from a revised deficit of $287 million in July to a deficit of $1.1 billion in August. After accounting for the previous month's revisions, this is the sixth consecutive monthly deficit. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Total exports fell 1.0% in August, a second ...
In July, Canada's merchandise imports decreased 1.7%, while exports fell 0.4%. Consequently, Canada's merchandise trade balance with the world moved from a revised deficit of $179 million in June to a surplus of $684 million in July. These recent narrow trade balances are within the typical bounds for monthly revisions to imports and exports. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Following a record $66.1 billion in ...
In June, Canada's merchandise exports increased 5.5%, while imports rose 1.9%. Consequently, after three consecutive monthly deficits, Canada's merchandise trade balance with the world moved from a deficit of $1.6 billion in May to a surplus of $638 million in June. The June surplus is close to the typical bounds for monthly revisions applied to imports and exports in subsequent months. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive ...
In May, Canada's merchandise exports decreased 2.6%, while imports were down 1.6%. As a result, Canada's merchandise trade deficit with the world widened from $1.3 billion in April to $1.9 billion in May. This represents a third consecutive monthly deficit. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Following an increase of 2.1% in April, total exports were down 2.6% in May to $62.4 billion, the lowest level since July ...
Canada’s merchandise trade deficit narrowed on higher energy and gold exports. The country recorded a C$1.05 billion trade deficit in April, from C$1.99 billion a month earlier, Statistics Canada reported Thursday in Ottawa. That’s in line with the median estimate of economists in a Bloomberg survey. Total exports rose 2.6% in April, while imports increased 1.1%. In volume terms, exports were up 1.7% and imports edged down 0.2%. Exports of energy products — including natural gas, crude oil and propane — jumped the most that month. ...
In April, Canada's merchandise exports increased 2.6%, while imports rose 1.1%. As a result, Canada's merchandise trade deficit with the world narrowed from $2.0 billion in March to $1.0 billion in April. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Total exports rose 2.6% to $64.4 billion in April. This increase follows a 5.2% drop in March and a 5.4% increase in February. Overall, increases were observed in 8 of the 11 ...
Released on Dec 5, 2024 |
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Released on Nov 5, 2024 |
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Released on Oct 8, 2024 |
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Released on Sep 4, 2024 |
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Released on Aug 6, 2024 |
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Released on Jul 3, 2024 |
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Released on Jun 6, 2024 |
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