CA Trade Balance

In January, in the context of tariff threats on Canadian goods, Canada's merchandise exports increased 5.5% while imports were up 2.3%. It was a fourth consecutive monthly increase for exports and imports, and both reached record highs in January. Canada's merchandise trade surplus with the world widened from a revised $1.7 billion in December to $4.0 billion in January. This was the largest surplus since May 2022. Due to the implementation of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) digital ...

In December, Canada's merchandise exports increased 4.9% and imports were up 2.3%. As a result, Canada's merchandise trade balance with the world went from a deficit of $986 million in November to a surplus of $708 million in December. This was the first merchandise trade surplus since February 2024. 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 ...

In November, Canada's merchandise exports increased 2.2% and imports rose 1.8%. As a result, Canada's merchandise trade deficit with the world narrowed from $544 million in October to $323 million in November. These recent narrow trade deficits are within the typical bounds for monthly revisions to imports and exports. 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 ...

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 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 ...