Legend
- High Impact Expected
- Med Impact Expected
- Low Impact Expected
- Non-Economic
Revision
- Green NumberBetter than forecast -or- revised better
- Red NumberWorse than forecast -or- revised worse
- m/mMonth Over Month
- q/qQuarter Over Quarter
- y/yYear Over Year
- K Thousand
- M Million
- B Billion
- T Trillion
CA Trade Balance
It’s a leading indicator of external demand – a rising surplus indicates that foreigners are buying more of the country's goods and 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 |
|---|---|---|---|
| Jul 7, 2026 | 4.2B | 2.8B |
3.4B |
| Jun 9, 2026 | 2.7B | 2.5B | 1.8B |
| May 5, 2026 | 1.8B | -2.4B |
-5.1B |
| Apr 2, 2026 | -5.7B | -2.5B |
-4.2B |
| Mar 12, 2026 | -3.6B | -1.1B | -1.3B |
| Feb 19, 2026 | -1.3B | -2.1B |
-2.6B |
| Jan 29, 2026 | -2.2B | -0.7B |
-0.4B |
| Jan 8, 2026 | -0.6B | -1.4B | 0.2B |
-
- CA Trade Balance News
From statcan.gc.ca|Jul 7, 2026In May, Canada's merchandise exports increased 0.9%, while imports edged down 0.2%. As a result, Canada's merchandise trade surplus with the world widened from $3.4 billion in April to $4.2 billion in May. This was the third consecutive month with a trade surplus for Canada. Total exports were up 0.9% in May to a record $77.1 billion. This represented a fourth consecutive monthly increase, with exports rising 22.2% over this period. In May, increases were observed in 7 of the 11 product sections. Excluding energy products, exports ...
From statcan.gc.ca|Jun 9, 2026In April, Canada's merchandise exports increased 1.6%, while imports edged up 0.3%. As a result, Canada's merchandise trade surplus with the world widened from $1.8 billion in March to $2.7 billion in April. This was the second consecutive monthly trade surplus, and the largest since January 2025. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Following a surge of 10.1% in March, total exports increased 1.6% in April to reach ...
From msn.com|May 5, 2026Canada's merchandise trade balance swung to a surplus in March as higher crude oil prices and surging demand for gold drove a sharp jump in exports while imports declined, data showed on Tuesday. Statistics Canada said the country posted a C$1.78 billion ($1.31 billion) surplus in March, compared with a C$5.11 billion deficit in the prior month. It was the first time in six months that Canada posted a surplus as the war in Iran boosted crude oil prices lifting the value of exports from Canada. While gold prices fell, global demand ...
- From statcan.gc.ca|May 5, 2026
In March, Canada's merchandise exports posted a strong increase, rising 8.5%, while imports fell 1.6%. As a result, Canada's merchandise trade balance with the world went from a deficit of $5.1 billion in February to a surplus of $1.8 billion in March. This is the first trade surplus since September 2025. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Following a 6.8% increase in February, total exports rose 8.5% to $72.8 ...
From kitco.com|Apr 2, 2026Canada's merchandise trade deficit came in much wider than expected in February, data showed on Thursday, as a surge in gold purchases abroad pushed imports to a record high. The percentage of Canada's exports that went to the U.S. dropped to its lowest level of just over 66%, from 68% a month ago and more than 79% a year ago when companies were front-loading goods due to looming U.S. tariffs. The trade deficit for February was at C$5.74 billion ($4.12 billion), following an upwardly revised C$4.18 billion in the prior month, ...
- From statcan.gc.ca|Apr 2, 2026
In February, Canada's merchandise trade activity increased sharply, with imports rising 8.4% and exports increasing 6.4%. As a result, Canada's merchandise trade deficit with the world widened from $4.2 billion in January to $5.7 billion in February, the largest deficit since August 2025. Exchanges of gold were influential in the merchandise trade results in February. Excluding unwrought gold, silver, and platinum group metals, and their alloys—a product group largely composed of unwrought gold—imports rose 5.8%, while exports were ...
- From statcan.gc.ca|Mar 12, 2026
In January, Canada's merchandise exports decreased 4.7%, while imports were down 1.1%. As a result, Canada's merchandise trade deficit with the world widened from $1.3 billion in December to $3.6 billion in January. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. After rising 2.5% in December, total exports were down 4.7% in January, the largest percentage decline since April 2025. In January 2026, decreases were observed in 6 ...
From wellsfargo.bluematrix.com|Feb 19, 2026If you were rooting for trade to boost economic growth in Q4, just about everything moved in the wrong direction in December. The U.S. economy increased its imports by more than $12 billion, with $10.2 billion off that increase coming from goods and the balance coming from increased service imports. On the other side of the ledger, exports fell by $5.0 billion despite the one silver lining, a scant $0.5 billion increase in service exports being swamped by a $5.5 billion decrease in U.S. goods exports. The total trade balance widened ...
| Released on Jul 7, 2026 |
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| Released on Jun 9, 2026 |
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| Released on May 5, 2026 |
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| Released on Apr 2, 2026 |
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| Released on Mar 12, 2026 |
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| Released on Feb 19, 2026 |
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- Details