Canada Balance of Trade

Last Release
Sep 2019
Actual
-978 CAD Million
Forecast
N/A
Previous
-1235.3 CAD Million
Frequency
Monthly
Units In
CAD Million
Next Release
Dec 5, 2019
Time to Release
20 Days 3 Hours
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Highest
Lowest
Average
Date Range
Source
8524.8 CAD Million
Jan 2001
-4962 CAD Million
Dec 2018
1,267.83 CAD Million1971 - 2019Statistics Canada
Between 1970 and 2008 Canada had been recording trade surpluses every year. From 2009 the trade balance shifted to deficit, with an exception of 2011 and 2014. In 2018, the largest trade deficits were recorded with China, Germany and Mexico, while the biggest trade surpluses were recorded with the US, the UK and Norway.

Latest Updates

Canada’s trade deficit decreased to CAD 0.98 billion in September 2019 from an upwardly revised CAD 1.24 billion in the previous month and compared with market expectations of a 0.7 billion shortfall. Imports fell at a quicker 1.7 percent month-over-month, on fewer metal and non-metallic mineral product acquisitions, particularly gold. Meantime, exports decreased 1.3 percent, led by energy products, mostly crude and also gold.

Canada Balance of Trade History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Nov 5, 201914:37Canada Trade Gap Narrows in September
Oct 4, 201912:59Canada Trade Gap Narrows in August
Sep 4, 201912:50Canada Trade Gap Widens in July
Aug 2, 201913:19Canada Trade Surplus Narrows in June
Jul 3, 201916:27Canada Trade Balance Swings to Surplus in May
Jun 6, 201912:59Canada Trade Gap Smallest in 6 Months
May 9, 201913:08Canada Trade Deficit Narrows in March
DATETIMEEVENT
Nov 5, 201913:30Balance of Trade
Oct 4, 201912:30Balance of Trade
Sep 4, 201912:30Balance of Trade
Aug 2, 201912:30Balance of Trade
Jul 3, 201912:30Balance of Trade
Jun 6, 201912:30Balance of Trade
May 9, 201912:30Balance of Trade

A Look at the Markets

Educational Pieces on Marco Indicators

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Canada trade Indicators

All Canada indicators
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Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Balance of Trade
-978
Sep 2019
-1,235.3
Aug 2019
-4,962
Dec 2018
8,524.8
Jan 2001
CAD MillionMonthly1971 - 2019
Capital Flows
0
Jun 2019
-89
Mar 2019
-672
Mar 1990
4,632
Sep 2011
CAD MillionQuarterly1981 - 2019
Crude Oil Production
4,353
Jul 2019
4,265
Jun 2019
955
Apr 1982
4,520
Aug 2018
BBL/D/1KMonthly1973 - 2019
Current Account
-6,380
Jun 2019
-16,630
Mar 2019
-20,197
Sep 2010
12,230
Dec 2005
CAD MillionQuarterly1946 - 2019
Current Account to GDP
-2.6
Dec 2018
-2.8
Dec 2017
-4.2
Dec 1981
2.7
Dec 2000
%Yearly1980 - 2018
Exports
49,783.1
Sep 2019
50,413.3
Aug 2019
1,366
Feb 1971
52,815.1
May 2019
CAD MillionMonthly1971 - 2019

Balance of Trade across North America

Balance of Trade global view
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Country
Last
Previous
Min
Max
Unit
Frequency
Range
Canada
-978
Sep 2019
-1,235.3
Aug 2019
-4,962
Dec 2018
8,524.8
Jan 2001
CAD MillionMonthly1971 - 2019
Mexico
-116
Sep 2019
775
Aug 2019
-4,642.52
Jan 2019
2,561
Jun 2019
USD MillionMonthly1980 - 2019
Puerto Rico
2,068.9
Jun 2019
1,931.4
May 2019
-187.5
Nov 2006
5,218.4
Dec 2010
USD MillionMonthly2003 - 2019
United States
-52,450
Sep 2019
-55,036
Aug 2019
-67,823
Aug 2006
1,946
Jun 1975
USD MillionMonthly1950 - 2019
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