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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 Million1971 - 2021Statistics 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

DATETIMETITLE
Jan 7, 202013:56Canada Trade Gap Smallest in 5 Months
Dec 5, 201913:53Canada Trade Gap Narrows in October
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
DATETIMEEVENTActual
Jun 8, 202112:30Balance of Trade0.59 B
May 4, 202112:30Balance of Trade-1.14 B
Apr 7, 202112:30Balance of Trade1.04 B
Mar 5, 202113:30Balance of Trade1.41 B
Feb 5, 202113:30Balance of Trade-1.67 B
Jan 7, 202113:30Balance of Trade-3.34 B
Dec 4, 202013:30Balance of Trade-3.76 B

Canada trade Indicators

All Canada indicators
Indicator
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 MillionMonthly1971 - 2021
Capital Flows
-38
Mar 2021
0
Dec 2020
-672
Mar 1990
4,632
Sep 2011
CAD MillionQuarterly1981 - 2021
Crude Oil Production
4,630
Dec 2019
4,548
Nov 2019
955
Apr 1982
4,630
Dec 2019
BBL/D/1KMonthly1973 - 2019
Current Account
1,180
Mar 2021
-5,270
Dec 2020
-20,035
Sep 2010
12,492
Dec 2005
CAD MillionQuarterly1946 - 2021
Current Account to GDP
-1.9
Dec 2020
-2.1
Dec 2019
-4.2
Dec 1981
2.7
Dec 2000
% of GDPYearly1980 - 2020
Exports
50,206.6
Apr 2021
50,617.6
Mar 2021
1,366
Feb 1971
52,538.8
May 2019
CAD MillionMonthly1971 - 2021

Balance of Trade across North America

Balance of Trade global view
Country
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 MillionMonthly1971 - 2021
Mexico
1,500.64
Apr 2021
-2,953
Mar 2021
-4,642.52
Jan 2019
6,262
Dec 2020
USD MillionMonthly1980 - 2021
Puerto Rico
2,154.9
Dec 2019
1,267.1
Nov 2019
-187.5
Nov 2006
5,218.4
Dec 2010
USD MillionMonthly2003 - 2019
United States
-68,899
Apr 2021
-74,448
Mar 2021
-74,448
Mar 2021
1,946
Jun 1975
USD MillionMonthly1950 - 2021

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