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1. www150.statcan.gc.ca › n1 › daily-quotidienCanadian international merchandise trade: Annual review 2023

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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.

2. www.macrotrends.net › canada › trade-balance-deficitCanada Trade Balance 1960-2024 | MacroTrends

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   External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars. Canada trade balance for 2022 was $2.84B, a 1553.86% increase from 2021.

3. www.ualberta.ca › 2024 › 2023-yearinreviewCanada-China Trade: 2023 Year in Review | The China Institute

   www.ualberta.ca › 2024 › 2023-yearinreview

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   Jun 11, 2024 · This 2023 bilateral trade report seeks to provide a combination of thoroughly described trade data and analysis of broader economic and political trends that drive quarterly developments, aiming to offer a unique insight into Canada-China trade dynamics.

   • Author: Daniel Lincoln

4. tradingeconomics.com › canada › balance-of-tradeCanada Balance of Trade - TRADING ECONOMICS

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   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.

5. www150.statcan.gc.ca › n1 › daily-quotidienExports and imports stabilize in 2023 - Statistics Canada

   www150.statcan.gc.ca › n1 › daily-quotidien

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   May 9, 2024 · Chart 1 Exports and imports stabilize in 2023. Data are on a balance-of-payments basis. Table 12-10-0011-01.

6. www.international.gc.ca › transparency-transparenceCanada’s State of Trade 2023: Inclusive Trade

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   This section describes the year’s trends in goods and services trade on a balance-of-payments basis. See the Office of the Chief Economist (2023b) for a review of Canada’s goods trade in 2022 on a customs basis.

7. People also ask

   How much did trade grow in 2023?

   • 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%). Sources: Statistics Canada Table 36-10-0019-01 & Table 36-10-0021-01. Balance of payments basis, seasonally adjusted. Retrieved on March 4th 2024.

   Quarterly economic and trade report – Q4 2023 - Affaires mondiales Ca…

   www.international.gc.ca/trade-commerce/economist-economiste/q4-2023.aspx?lang=eng

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   What happened to Canada's trade balance in 2023?

   • As a result, the two countries’ trade balance was similarly erratic, although notably Canada’s monthly trade deficit reached a 24-month low-point in December 2023. Indeed, despite this volatility, 2023 export and import numbers exceeded those in 2019 before the pandemic, although total trade was still below the historic high of 2022.

   Canada-China Trade: 2023 Year in Review | The China Institute

   www.ualberta.ca/china-institute/research/analysis-briefs/2024/2023-yearinreview.html

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   What happened to Canada's merchandise trade in 2023?

   • 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.

   Canadian international merchandise trade: Annual review 2023

   www150.statcan.gc.ca/n1/daily-quotidien/240509/dq240509a-eng.htm

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   What was Canada's trade balance for 2020?

   • Canada trade balance for 2020 was $-36.58B, a 43.1% increase from 2019. Canada trade balance for 2019 was $-25.56B, a 23.98% decline from 2018. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

   Canada Trade Balance 1960-2024 | MacroTrends

   www.macrotrends.net/global-metrics/countries/CAN/canada/trade-balance-deficit

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8. www.international.gc.ca › trade-commerce › economistQuarterly economic and trade report – Q4 2023

   www.international.gc.ca › trade-commerce › economist

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   World merchandise trade volumes increased 0.5% in Q4, the first increase after four consecutive quarterly decrease. During Q4, both imports (+0.5%) and exports (+0.5%) expanded. On an annual basis, world merchandise trade volumes declined by 1.9% in 2023.