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Canada Balance of Trade
Last Release
Apr 2021
Actual
593.9 CAD Million
Forecast
-0.3 CAD Million
Previous
-1140.2 CAD Million
Frequency
Monthly
Units In
CAD Million
Next Release
Jul 2, 2021
Time to Release
11 Days 17 Hours
Highest | Lowest | Average | Date Range | Source |
8524.8 CAD Million Jan 2001 | -4953.1 CAD Million Dec 2018 | 1,178.1 CAD Million | 1971 - 2021 | Statistics 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 narrowed to CAD 1.1 billion in November 2019 from an upwardly revised CAD 1.6 billion in October and compare with market expectations of a CAD 1.15 billion gap. It was the smallest trade gap since June last year, as exports declined 1.4 percent while imports fell 2.4 percent. Widespread declines across export and import products coincided with disruptions in Canadian rail transportation.
Canada Balance of Trade History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Jan 7, 2020 | 13:56 | Canada Trade Gap Smallest in 5 Months |
| Dec 5, 2019 | 13:53 | Canada Trade Gap Narrows in October |
| Nov 5, 2019 | 14:37 | Canada Trade Gap Narrows in September |
| Oct 4, 2019 | 12:59 | Canada Trade Gap Narrows in August |
| Sep 4, 2019 | 12:50 | Canada Trade Gap Widens in July |
| Aug 2, 2019 | 13:19 | Canada Trade Surplus Narrows in June |
| Jul 3, 2019 | 16:27 | Canada Trade Balance Swings to Surplus in May |
Calendar
ECONOMIC CALENDAR| DATE | TIME | EVENT | Actual |
|---|---|---|---|
| Jun 8, 2021 | 12:30 | Balance of Trade | 0.59 B |
| May 4, 2021 | 12:30 | Balance of Trade | -1.14 B |
| Apr 7, 2021 | 12:30 | Balance of Trade | 1.04 B |
| Mar 5, 2021 | 13:30 | Balance of Trade | 1.41 B |
| Feb 5, 2021 | 13:30 | Balance of Trade | -1.67 B |
| Jan 7, 2021 | 13:30 | Balance of Trade | -3.34 B |
| Dec 4, 2020 | 13:30 | Balance of Trade | -3.76 B |
Canada trade Indicators
All Canada indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Balance of Trade | 593.9 Apr 2021 | -1,140.2 Mar 2021 | -4,953.1 Dec 2018 | 8,524.8 Jan 2001 | CAD Million | Monthly | 1971 - 2021 |
| Capital Flows | -38 Mar 2021 | 0 Dec 2020 | -672 Mar 1990 | 4,632 Sep 2011 | CAD Million | Quarterly | 1981 - 2021 |
| Crude Oil Production | 4,630 Dec 2019 | 4,548 Nov 2019 | 955 Apr 1982 | 4,630 Dec 2019 | BBL/D/1K | Monthly | 1973 - 2019 |
| Current Account | 1,180 Mar 2021 | -5,270 Dec 2020 | -20,035 Sep 2010 | 12,492 Dec 2005 | CAD Million | Quarterly | 1946 - 2021 |
| Current Account to GDP | -1.9 Dec 2020 | -2.1 Dec 2019 | -4.2 Dec 1981 | 2.7 Dec 2000 | % of GDP | Yearly | 1980 - 2020 |
| Exports | 50,206.6 Apr 2021 | 50,617.6 Mar 2021 | 1,366 Feb 1971 | 52,538.8 May 2019 | CAD Million | Monthly | 1971 - 2021 |
Balance of Trade across North America
Balance of Trade global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Canada | 593.9 Apr 2021 | -1,140.2 Mar 2021 | -4,953.1 Dec 2018 | 8,524.8 Jan 2001 | CAD Million | Monthly | 1971 - 2021 |
| Mexico | 1,500.64 Apr 2021 | -2,953 Mar 2021 | -4,642.52 Jan 2019 | 6,262 Dec 2020 | USD Million | Monthly | 1980 - 2021 |
| Puerto Rico | 2,154.9 Dec 2019 | 1,267.1 Nov 2019 | -187.5 Nov 2006 | 5,218.4 Dec 2010 | USD Million | Monthly | 2003 - 2019 |
| United States | -68,899 Apr 2021 | -74,448 Mar 2021 | -74,448 Mar 2021 | 1,946 Jun 1975 | USD Million | Monthly | 1950 - 2021 |