CA Trade Balance
It’s a leading indicator of consumer demand – a rising surplus indicates that foreigners are buying more of the country's resources;
A positive number indicates that more goods were exported than imported. About 75% of Canadian exports are purchased by the US;
- CA Trade Balance Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jul 3, 2024 | -1.9B | -1.3B | -1.3B |
Jun 6, 2024 | -1.0B | -1.2B | -2.0B |
May 2, 2024 | -2.3B | 1.1B | 0.5B |
Apr 4, 2024 | 1.4B | 0.7B | 0.6B |
Mar 7, 2024 | 0.5B | -0.1B | -0.9B |
Feb 7, 2024 | -0.3B | 1.1B | 1.1B |
Jan 9, 2024 | 1.6B | 2.0B | 3.2B |
Dec 6, 2023 | 3.0B | 1.8B | 1.1B |
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- CA Trade Balance News
- From statcan.gc.ca|45 hr ago
In May, Canada's merchandise exports decreased 2.6%, while imports were down 1.6%. As a result, Canada's merchandise trade deficit with the world widened from $1.3 billion in April to $1.9 billion in May. This represents a third consecutive monthly deficit. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Following an increase of 2.1% in April, total exports were down 2.6% in May to $62.4 billion, the lowest level since July ...
- From bnnbloomberg.ca|Jun 6, 2024
Canada’s merchandise trade deficit narrowed on higher energy and gold exports. The country recorded a C$1.05 billion trade deficit in April, from C$1.99 billion a month earlier, Statistics Canada reported Thursday in Ottawa. That’s in line with the median estimate of economists in a Bloomberg survey. Total exports rose 2.6% in April, while imports increased 1.1%. In volume terms, exports were up 1.7% and imports edged down 0.2%. Exports of energy products — including natural gas, crude oil and propane — jumped the most that month. ...
- From statcan.gc.ca|Jun 6, 2024
In April, Canada's merchandise exports increased 2.6%, while imports rose 1.1%. As a result, Canada's merchandise trade deficit with the world narrowed from $2.0 billion in March to $1.0 billion in April. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Total exports rose 2.6% to $64.4 billion in April. This increase follows a 5.2% drop in March and a 5.4% increase in February. Overall, increases were observed in 8 of the 11 ...
- From statcan.gc.ca|May 2, 2024
In March, Canada's merchandise exports declined 5.3%, while imports were down 1.2%. As a result, Canada's merchandise trade balance with the world went from a surplus of $476 million in February to a deficit of $2.3 billion in March. This represents the largest trade deficit since June 2023. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Following an increase of 5.3% in February, total exports fell back 5.3% in March, erasing ...
- From bnnbloomberg.ca|Apr 4, 2024
Canada’s merchandise trade balance recorded its largest surplus since October, driven by a strong increase in gold shipments to Switzerland and the U.K. The country’s trade surplus widened to $1.39 billion in February, from $608 million a month earlier, Statistics Canada reported Thursday in Ottawa. Economists had been expecting exports to exceed imports by $680 million in February. Total exports jumped 5.8 per cent that month, the largest percentage increase since August 2023, while total imports rose 4.6 per cent. In volume terms, ...
- From statcan.gc.ca|Apr 4, 2024
In February, significant growth was observed in Canada's merchandise exports and imports. Exports increased 5.8%, while imports rose 4.6%. As a result, Canada's merchandise trade surplus with the world widened from $608 million in January to $1.4 billion in February. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Total exports were up 5.8% in February, the largest percentage increase since August 2023. Overall, increases were ...
- From statcan.gc.ca|Mar 7, 2024
In January, Canada's merchandise imports decreased 3.8%, while exports fell 1.7%. As a result, Canada's merchandise trade balance changed position for a second consecutive month, moving from a deficit of $863 million in December to a surplus of $496 million in January. The January surplus is close to the typical bounds for monthly revisions to imports and exports. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Total imports ...
- From statcan.gc.ca|Feb 7, 2024
In December, Canada's merchandise exports decreased 1.9%, while imports edged up 0.2%. As a result, Canada's merchandise trade balance with the world went from a surplus of $1.1 billion in November to a deficit of $312 million in December, the first monthly trade deficit since July. The December deficit is close to the typical bounds for monthly revisions to imports and exports. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. ...
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