Canada Balance of Trade  1971-2017 | Data | Chart | Calendar | Forecast

Canada's merchandise trade surplus widened to CAD 0.81 billion in January 2017 from a downwardly revised CAD 0.45 billion a month earlier and above market expectations of a CAD 0.7 billion surplus. Exports were up 0.5 percent to a record CAD 46.5 billion on higher sales of motor vehicles and canola. Imports decreased 0.3 percent to CAD 45.5 billion, mainly due to lower purchases of unwrought gold. Balance of Trade in Canada averaged 1451.77 CAD Million from 1971 until 2017, reaching an all time high of 8524.80 CAD Million in January of 2001 and a record low of -4147.70 CAD Million in September of 2016.

Canada Balance of Trade
Receive the next reported value for Canada Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-06 01:30 PM Nov C$0.53B C$-1.02B C$-1.6B C$-1.5B
2017-02-07 01:30 PM Dec C$0.92B C$1.01B C$0.35B C$-0.1B
2017-03-07 01:30 PM Jan C$0.81B C$0.45B C$0.7B C$0.75B
2017-04-04 12:30 PM Feb C$0.81B
2017-05-04 12:30 PM Mar
2017-06-02 12:30 PM Apr




Canadian Trade Surplus Widens In January


Canada's merchandise trade surplus widened to CAD 0.81 billion in January 2017 from a downwardly revised CAD 0.45 billion a month earlier and above market expectations of a CAD 0.7 billion surplus. Exports were up 0.5 percent to a record CAD 46.5 billion on higher sales of motor vehicles and canola. Imports decreased 0.3 percent to CAD 45.6 billion, mainly due to lower purchases of unwrought gold.

Exports rose 0.5 percent to a record CAD 46.5 billion. Higher exports of motor vehicles and parts (7.7 percent), as well as farm, fishing, and intermediate food products (12.8 percent) were the largest contributors to the increase. Also, canola exports jumped 38.4 percent to a record high of  CAD 845 million, reflecting higher Chinese demand for Canadian canola.

These increases were partially offset by declines in exports of consumer goods, as well as metal and non-metallic mineral products. In January, exports excluding energy products rose 0.9 percent.

Exports to the United States rose 2.3 percent to CAD 34.6 billion, led by higher exports of passenger cars and light trucks. Exports to countries other than the United States fell 4.4 percent to CAD 11.8 billion. Lower exports to Switzerland (-CAD 298 million) and Spain (-CAD 200 million) contributed to the decline, both due to fewer aircraft sales.

Total imports edged down 0.3 percent to CAD 45.6 billion. The decline in imports of metal and non-metallic mineral products (-5.5 percent), as well as industrial machinery, equipment and parts was partially offset by higher imports of motor vehicles and parts (3.6 percent). 

Imports from the United States went up 0.3 percent to CAD 30.1 billion. Imports from countries other than the United States decreased 1.3 percent to CAD 15.5 billion. Imports from Japan fell 27.2 percent, on lower purchases of passenger cars and light trucks.

Year-over-year, exports rose 1.8 percent while imports were down 2.1 percent.


Statistics Canada | Yekaterina Guchshina | yekaterina@tradingeconomics.com
3/7/2017 2:03:05 PM



Canada Trade Last Previous Highest Lowest Unit
Balance of Trade 806.90 447.50 8524.80 -4147.70 CAD Million [+]
Exports 46450.40 46213.20 46450.40 1366.00 CAD Million [+]
Imports 45643.50 45765.70 47673.00 1112.00 CAD Million [+]
Current Account -10726.00 -18299.00 12230.00 -20197.00 CAD Million [+]
Current Account to GDP -3.30 -2.30 2.70 -4.20 percent [+]
External Debt 615.99 612.33 615.99 14.82 CAD Billion [+]
Terms of Trade 90.70 91.10 110.30 81.20 Index Points [+]
Foreign Direct Investment 9741.00 7030.00 50326.00 -8640.00 CAD Million [+]
Capital Flows 0.00 -40.00 4632.00 -672.00 CAD Million [+]
Gold Reserves 0.00 0.00 46.19 0.00 Tonnes [+]
Crude Oil Production 3721.00 3757.00 3912.00 955.00 BBL/D/1K [+]
Weapons Sales 312.00 254.00 469.00 38.00 USD Million [+]
Terrorism Index 2.52 2.30 3.00 0.65 [+]
Tourist Arrivals 1478916.00 2025995.00 7006165.00 1138895.00 [+]



Canada Balance of Trade Notes

Between 1970 and 2008 Canada had been recording trade surpluses every year but from 2009 trade balance shifted to deficit as imports value increased more than exports. In 2016, the largest trade deficits were recorded with China, Germany and Mexico, while the biggest trade surpluses were recorded with the United States, the United Kingdom and India. This page provides the latest reported value for - Canada Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Balance of Trade - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
806.90 447.50 8524.80 -4147.70 1971 - 2017 CAD Million Monthly



Last
Afghanistan -7151.00 Dec/16
Albania -23780.30 Feb/17
Algeria -1308.00 Dec/15
Angola 4470.03 Jun/16
Argentina -122.00 Feb/17
Armenia -115.20 Feb/17
Aruba -465.10 Sep/16
Australia 1302.00 Jan/17
Austria -639.00 Dec/16
Azerbaijan 981353.00 Sep/16
Bahamas -557.30 Dec/16
Bahrain 312.40 Dec/15
Bangladesh -90.80 Dec/16
Barbados -213020.00 Nov/16
Belarus -493.30 Dec/16
Belgium 208.30 Jan/17
Belize -106.50 Jan/17
Benin -379.80 Dec/16
Bhutan -35828.70 Dec/16
Bolivia -265.44 Dec/16
Bosnia and Herzegovina -631299.06 Feb/17
Botswana -24.00 Dec/16
Brazil 4560.00 Feb/17
Brunei 369.10 Jan/17
Bulgaria -271.70 Jan/17
Burkina Faso -86.40 Mar/16
Burundi -80745.50 Nov/16
Cambodia -994.90 Nov/16
Cameroon -1189.42 Dec/14
Canada 806.90 Jan/17
Cape Verde -6193.00 Jan/17
Cayman Islands -746.00 Dec/15
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 236.10 Feb/17
China -91.50 Feb/17
Colombia -0.92 Jan/17
Comoros -73203.00 Dec/16
Congo 1001.80 Dec/14
Costa Rica -368.50 Feb/17
Croatia -3332.68 Jan/17
Cuba -9578.00 Dec/15
Cyprus -317903.00 Jan/17
Czech Republic 48458.00 Jan/17
Denmark 4999.40 Jan/17
Djibouti -168260.00 Dec/15
Dominican Republic -589.40 Jun/16
East Timor -9404.27 Dec/16
Ecuador -4135.00 Jan/17
Egypt -2334.00 Jan/17
El Salvador -412.80 Jan/17
Equatorial Guinea 2723.70 Dec/10
Eritrea -833.00 Dec/15
Estonia -430.33 Jan/17
Ethiopia -3565.10 Sep/16
Euro Area -593.40 Jan/17
European Union -16240.40 Jan/17
Fiji -255170.00 Nov/16
Finland -455.00 Jan/17
France -7940.00 Jan/17
Gabon 3711.95 Dec/13
Gambia -2344.80 Jun/16
Georgia -411.80 Feb/17
Germany 14800.00 Jan/17
Ghana -452.40 Sep/16
Greece -2336.70 Jan/17
Guatemala -541.00 Jan/17
Guinea 32.97 Sep/16
Guinea Bissau 8.20 Dec/15
Guyana -133.90 Sep/16
Haiti -236.40 Sep/16
Honduras -452.80 Dec/16
Hong Kong -56271.00 Feb/17
Hungary 203000.00 Jan/17
Iceland -10900.00 Feb/17
India -8896.30 Feb/17
Indonesia 1318.90 Feb/17
Iran 4127.00 Sep/16
Iraq 4397.00 Dec/15
Ireland 5745100.00 Jan/17
Israel -702.90 Feb/17
Italy -573.67 Jan/17
Ivory Coast 1256.00 Dec/15
Jamaica -723200.00 Jun/16
Japan 813.40 Feb/17
Jordan -709700.00 Jan/17
Kazakhstan 1289.20 Jan/17
Kenya -76470.00 Dec/16
Kosovo -174189.00 Feb/17
Kuwait 1693.00 Dec/16
Kyrgyzstan -114.40 Dec/16
Laos -339.15 Jun/16
Latvia -175.40 Jan/17
Lebanon -1372.78 Jan/17
Lesotho -2305.61 Sep/16
Liberia -82.20 Sep/16
Libya -7687.60 Dec/15
Liechtenstein 343493.00 Dec/16
Lithuania -214.10 Jan/17
Luxembourg -0.35 Jan/17
Macau -5586600.00 Jan/17
Macedonia -119844.00 Jan/17
Madagascar 20810.00 Dec/16
Malawi -53950.00 Mar/16
Malaysia 4711.86 Jan/17
Maldives -171.90 Nov/16
Mali -226.10 Sep/15
Malta -366567.00 Jan/17
Mauritania -79.64 Mar/16
Mauritius -8644.00 Jan/17
Mexico 684.00 Feb/17
Moldova -127.30 Jan/17
Monaco -165.20 Sep/16
Mongolia 183.00 Feb/17
Montenegro -126665.00 Feb/17
Morocco -16689.00 Dec/16
Mozambique -434.30 Sep/16
Myanmar -332.60 Jul/16
Namibia -6654.37 Sep/16
Nepal -65907.40 Sep/16
Netherlands 4582.00 Jan/17
New Caledonia -10978.00 Dec/16
New Zealand -18.29 Feb/17
Nicaragua -268.30 Dec/16
Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
North Korea -476.67 Dec/15
Norway 23539.00 Feb/17
Oman 205.90 Nov/16
Pakistan -293929.00 Feb/17
Palestine -343.00 Jan/17
Panama -894143.61 Jan/17
Papua New Guinea 4593.00 Sep/16
Paraguay 100105.00 Feb/17
Peru 150.00 Jan/17
Philippines -2313784.93 Jan/17
Poland 225.00 Jan/17
Portugal -940.50 Jan/17
Puerto Rico 2830.80 Dec/16
Qatar 12321.00 Feb/17
Republic of the Congo 4092.35 Dec/10
Romania -602.20 Jan/17
Russia 11445.00 Jan/17
Rwanda -116.57 Nov/16
Sao Tome and Principe -27.04 Dec/16
Saudi Arabia 88253.00 Dec/16
Senegal -149.50 Jan/17
Serbia -319.10 Jan/17
Seychelles -39.60 Jan/17
Sierra Leone -52.89 Jun/16
Singapore 7752.90 Feb/17
Slovakia 152.00 Jan/17
Slovenia 45.30 Jan/17
Somalia -1473.48 Dec/15
South Africa -10811.59 Jan/17
South Korea 7220.00 Feb/17
South Sudan -104.70 Dec/15
Spain -3134000.00 Jan/17
Sri Lanka -910.00 Jan/17
Sudan -477522.00 Dec/16
Suriname 154.40 Dec/16
Swaziland -320.72 Jun/16
Sweden 0.00 Feb/17
Switzerland 3105.00 Feb/17
Syria 9394.50 Dec/10
Taiwan 3360.00 Feb/17
Tajikistan -117.70 Jan/17
Tanzania -26.00 Nov/16
Thailand 1610.00 Feb/17
Togo -74.03 Jun/16
Trinidad and Tobago -364.10 Jun/16
Tunisia 1288.80 Feb/17
Turkey -4308.50 Jan/17
Turkmenistan 2181.97 Dec/15
Uganda -192.30 Jan/17
Ukraine -86.70 Jan/17
United Arab Emirates 250900.00 Dec/16
United Kingdom -1966.00 Jan/17
United States -48492.00 Jan/17
Uruguay -36256.00 Jan/17
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam -2000.00 Feb/17
Yemen -2914.30 Dec/13
Zambia -998.80 Sep/16
Zimbabwe -241.27 Aug/16