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
Scroll for more details
Highest | Lowest | Average | Date Range | Source |
8524.8 CAD Million Jan 2001 | -4962 CAD Million Dec 2018 | 1,267.83 CAD Million | 1971 - 2019 | 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 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
News
All News| DATE | TIME | TITLE |
|---|---|---|
| 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 |
| Jun 6, 2019 | 12:59 | Canada Trade Gap Smallest in 6 Months |
| May 9, 2019 | 13:08 | Canada Trade Deficit Narrows in March |
Calendar
ECONOMIC CALENDAR| DATE | TIME | EVENT |
|---|---|---|
| Nov 5, 2019 | 13:30 | Balance of Trade |
| Oct 4, 2019 | 12:30 | Balance of Trade |
| Sep 4, 2019 | 12:30 | Balance of Trade |
| Aug 2, 2019 | 12:30 | Balance of Trade |
| Jul 3, 2019 | 12:30 | Balance of Trade |
| Jun 6, 2019 | 12:30 | Balance of Trade |
| May 9, 2019 | 12:30 | Balance of Trade |
A Look at the Markets
Educational Pieces on Marco Indicators
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Canada trade Indicators
All Canada indicatorsScroll for more details
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 Million | Monthly | 1971 - 2019 |
| Capital Flows | 0 Jun 2019 | -89 Mar 2019 | -672 Mar 1990 | 4,632 Sep 2011 | CAD Million | Quarterly | 1981 - 2019 |
| Crude Oil Production | 4,353 Jul 2019 | 4,265 Jun 2019 | 955 Apr 1982 | 4,520 Aug 2018 | BBL/D/1K | Monthly | 1973 - 2019 |
| Current Account | -6,380 Jun 2019 | -16,630 Mar 2019 | -20,197 Sep 2010 | 12,230 Dec 2005 | CAD Million | Quarterly | 1946 - 2019 |
| Current Account to GDP | -2.6 Dec 2018 | -2.8 Dec 2017 | -4.2 Dec 1981 | 2.7 Dec 2000 | % | Yearly | 1980 - 2018 |
| Exports | 49,783.1 Sep 2019 | 50,413.3 Aug 2019 | 1,366 Feb 1971 | 52,815.1 May 2019 | CAD Million | Monthly | 1971 - 2019 |
Balance of Trade across North America
Balance of Trade global viewScroll for more details
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 Million | Monthly | 1971 - 2019 |
| Mexico | -116 Sep 2019 | 775 Aug 2019 | -4,642.52 Jan 2019 | 2,561 Jun 2019 | USD Million | Monthly | 1980 - 2019 |
| Puerto Rico | 2,068.9 Jun 2019 | 1,931.4 May 2019 | -187.5 Nov 2006 | 5,218.4 Dec 2010 | USD Million | Monthly | 2003 - 2019 |
| United States | -52,450 Sep 2019 | -55,036 Aug 2019 | -67,823 Aug 2006 | 1,946 Jun 1975 | USD Million | Monthly | 1950 - 2019 |