Canada Balance Of TradeCanada Balance Of TradeCanada Balance Of Trade

Canada Balance Of Trade

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Key data points


Last release
Observation period
Aug 2024
Next release
Forecast
‪−800.00 M‬CAD
Highest
‪8.55 B‬CAD on Jan 31, 2001
Lowest
‪−5.75 B‬CAD on Dec 31, 2018

About Canada Balance Of Trade


Category
Trade
Frequency
Monthly
Units
CAD
Between 1980 and 2008, Canada recorded a positive trade balance every year, with an expectation of 1991 and 1992. From 2009 onwards, the trade balance shifted to a deficit. In 2021, it switched again to a trade surplus, with energy products making the largest share of exports. The United States remains the country's biggest trading partner.