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May 9, 2024 · In 2023, the value of Canada's annual merchandise exports decreased 1.4% to $768.2 billion, while the value of annual imports rose 1.4% to $770.2 billion. As a result, Canada's merchandise trade balance with the world went from a surplus of $19.7 billion in 2022 to a slight deficit of $1.9 billion in 2023.
Data are in current U.S. dollars. Canada trade balance for 2022 was $2.84B, a 1553.86% increase from 2021. Canada trade balance for 2021 was $0.17B, a 100.47% decline from 2020. Canada trade balance for 2020 was $-36.58B, a 43.1% increase from 2019.
Canada Trade Balance data is updated monthly, available from Jan 1988 to Apr 2024, with an averaged value of 800.3 USD mn. The data reached an all-time high of 6.4 USD bn in Oct 2005 and a record low of -4.3 USD bn in Dec 2018.
4 days ago · In 2023, the balance of trade in goods and services in Canada decreased by 16.8 billion dollars (-455.28 percent) since 2022. The year 2023 marks a significant change in the balance of trade...
Jun 6, 2024 · Balance of Trade in Canada is expected to be 2200.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Balance of Trade is projected to trend around -754.00 CAD Million in 2025 and 200.00 CAD Million in 2026, according to our econometric models.
May 9, 2024 · Exports and imports stabilize in 2023, millions of current dollars. Data are on a balance-of-payments basis. Table 12-10-0011-01.
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On an annual basis, total trade in goods and services grew 2.5% in 2023, with imports (+3.3%) growing at a faster pace than exports (1.8%). Canada’s international trade by product (quarterly % growth in Q4)
