Canada recorded a trade deficit of 6324.40 CAD Million in August of 2025. This dataset 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.

Key information about Canada's Trade Balance

• Canada's Trade Balance recorded a surplus of 2.8 USD bn in Jan 2025, compared with a surplus of 1.2 USD bn in the previous month
• Canada's Trade Balance data is updated monthly, available from Jan 1988 to Jan 2025, with an averaged value of 800.0 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

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. Statistics Canada provides Total Exports and Total Imports in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Further information about Canada's Trade Balance

• In the latest reports, Canada's Total Exports reached 51.8 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)
• Total Imports recorded 49.0 USD bn in Jan 2025, an increase of 14.1% YoY (year-on-year)

The United States recorded a trade deficit of 59.55 USD Billion in August of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

International merchandise trade data grouped by Principal Trading Partners (PTP). Users have the option of selecting Imports, Exports, or Trade Balance. Data are unadjusted and seasonally adjusted, and are on a Customs and Balance of Payments basis.

As of 2024, the United States had a trade deficit of about *** billion U.S. dollars. The U.S. trade deficit has increased since 2009, peaking in 2022. Most recently, 2023 marked the year when the U.S. trade deficit decreased from the previous year. What is trade deficit? A trade deficit is, quite simply, the total value of a country’s imports of goods and services minus the total value of its exports of goods and services. When a country exports more than it imports, it has a trade surplus, and when it imports more than it exports, it has a trade deficit. A trade deficit can mean one of two things: Either the country is failing to produce enough goods for its citizens, or its citizens are wealthy enough to purchase more goods than the country produces (as is the case with the United States). Trading partners The United States’ top export partners are its closest neighbors, Canada and Mexico, due in part to the North American Free Trade Agreement (NAFTA), which, pending ratification, will be replaced by the United States-Mexico-Canada Agreement (USMCA). Regarding imports to the U.S., China takes the top spot, followed by Mexico and Canada.

Key information about Canada Total Exports

• Canada Total Exports dropped 5.5 % YoY in Aug 2025, compared with a decrease of 3.9 % YoY in the previous month
• Canada Total Exports Growth data is updated monthly, available from Jan 1989 to Aug 2025, with an averaged rate of 8.8 %
• The data reached an all-time high of 57.7 % in Apr 2021 and a record low of -37.6 % in Apr 2020

CEIC calculates Total Exports Growth from monthly Total Exports. Statistics Canada provides Total Exports, FOB, in local currency.


Further information about Canada Total Exports

• In the latest reports, Canada Total Exports recorded 43.9 USD bn in Aug 2025
• Total Imports recorded 48.5 USD bn in Aug 2025, which registered an increase of 1.7 % year on year
• Canada Trade Balance recorded a deficit of 4.6 USD bn in Aug 2025

European Union Trade Balance: EU 27E: Canada: Other Manufactured Products data was reported at 0.598 EUR bn in Feb 2025. This records an increase from the previous number of 0.320 EUR bn for Jan 2025. European Union Trade Balance: EU 27E: Canada: Other Manufactured Products data is updated monthly, averaging 0.264 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 0.686 EUR bn in Jul 2024 and a record low of 0.074 EUR bn in May 2007. European Union Trade Balance: EU 27E: Canada: Other Manufactured Products data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA029: Eurostat: Trade Statistics: By SITC: European Union: Canada.

Monthly dataset of the Canada Balance of Trade, including historical data, latest releases, and long-term trends from 1971-01-31 to 2025-08-31. Available for free download in CSV format.

Canada recorded a Current Account deficit of 9680 CAD Million in the third quarter of 2025. This dataset provides - Canada Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical net trade balance for cereals in Canada from 1960 to 2025 (computed from imports and exports).

Canada's total Exports in 2024 were valued at US$549.62 Billion, according to the United Nations COMTRADE database on international trade. Canada's main export partners were: the United States, China and the United Kingdom. The top three export commodities were: Mineral fuels, oils, distillation products; Vehicles other than railway, tramway and Machinery, nuclear reactors, boilers. Total Imports were valued at US$540.56 Billion. In 2024, Canada had a trade surplus of US$9.06 Billion.

Time series data for the statistic Trade_Balance_Canada_with_China. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -4.80 Billion as of 05/31/2025, the lowest value since 09/30/2024. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -1.02 Billion compared to the value the year prior.The Serie's long term average value is -1.96 Billion. It's latest available value, on 05/31/2025, is -2.84 Billion lower, compared to it's long term average value.The Serie's change from it's minimum value, on 08/31/2022, to it's latest available value, on 05/31/2025, is +1.40 Billion.The Serie's change from it's maximum value, on 05/31/1990, to it's latest available value, on 05/31/2025, is -4.88 Billion.

Time series data for the statistic Trade_Balance_Canada_with_Poland. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -115.45 Million as of 5/31/2025, the highest value since 5/31/2024. Regarding the One-Year-Change of the series, the current value constitutes an increase of 14.37 Million compared to the value the year prior.The Serie's long term average value is -49.50 Million. It's latest available value, on 5/31/2025, is -65.95 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 7/31/2021, to it's latest available value, on 5/31/2025, is +175.58 Million.The Serie's change from it's maximum value, on 3/31/2001, to it's latest available value, on 5/31/2025, is -166.27 Million.

European Union Trade Balance: EU 27E: Canada: Manufactured Products data was reported at 1.700 EUR bn in Feb 2025. This records an increase from the previous number of 1.558 EUR bn for Jan 2025. European Union Trade Balance: EU 27E: Canada: Manufactured Products data is updated monthly, averaging 1.025 EUR bn from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 2.715 EUR bn in Mar 2024 and a record low of 0.323 EUR bn in Jan 2002. European Union Trade Balance: EU 27E: Canada: Manufactured Products data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.JA029: Eurostat: Trade Statistics: By SITC: European Union: Canada.

Time series data for the statistic Trade_Balance_Canada_with_Zambia. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -18.97 Million as of 05/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -20.89 Million compared to the value the year prior.The Serie's long term average value is -1.30 Million. It's latest available value, on 05/31/2025, is -17.67 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 06/30/2022, to it's latest available value, on 05/31/2025, is +180.44 Million.The Serie's change from it's maximum value, on 01/31/1993, to it's latest available value, on 05/31/2025, is -47.25 Million.

Time series data for the statistic Trade_Balance_Canada_with_Liberia. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -0.0481 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.5739 Million compared to the value the year prior.The Serie's long term average value is -0.827 Million. It's latest available value, on 5/31/2025, is 0.779 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 7/31/2010, to it's latest available value, on 5/31/2025, is +9.67 Million.The Serie's change from it's maximum value, on 6/30/2023, to it's latest available value, on 5/31/2025, is -9.20 Million.

Time series data for the statistic Trade_Balance_Canada_with_Chad. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 0.1728 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.1357 Million compared to the value the year prior.The Serie's long term average value is 0.15 Million. It's latest available value, on 5/31/2025, is 0.0223 Million higher, compared to it's long term average value.The Serie's change from it's minimum value, on 3/31/2012, to it's latest available value, on 5/31/2025, is +122.37 Million.The Serie's change from it's maximum value, on 12/31/2019, to it's latest available value, on 5/31/2025, is -12.94 Million.

Time series data for the statistic Trade_Balance_Canada_with_Syrian_Arab_Republic. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 0.1063 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.3202 Million compared to the value the year prior.The Serie's long term average value is 0.374 Million. It's latest available value, on 5/31/2025, is -0.268 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 6/30/2008, to it's latest available value, on 5/31/2025, is +44.46 Million.The Serie's change from it's maximum value, on 2/28/2011, to it's latest available value, on 5/31/2025, is -21.19 Million.

Key information about Canada Total Imports Growth

• Canada Total Imports grew 1.7 % YoY in Aug 2025, compared with a decrease of 1.5 % YoY in the previous month
• Canada Total Imports Growth data is updated monthly, available from Jan 1989 to Aug 2025, with an averaged rate of 4.5 %
• The data reached an all-time high of 43.3 % in May 2021 and a record low of -31.7 % in May 2020

CEIC calculates Total Imports Growth from monthly Total Imports. Statistics Canada provides Total Imports, FOB, in local currency.


Further information about Canada Total Imports Growth

• In the latest reports, Canada Total Imports recorded 48.5 USD bn in Aug 2025
• Total Exports reached 43.9 USD bn in Aug 2025, which registered a decrease of 5.5 % year on year
• Canada Trade Balance recorded a deficit of 4.6 USD bn in Aug 2025

Time series data for the statistic Trade_Balance_Canada_with_France. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at -417.35 Million as of 5/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 27.96 percent compared to the value the year prior.The 1 year change in percent is 27.96.The 3 year change in percent is -33.62.The 5 year change in percent is -543.30.The 10 year change in percent is -19.56.The Serie's long term average value is -206.69 Million. It's latest available value, on 5/31/2025, is 101.92 percent lower, compared to it's long term average value.The Serie's change from it's minimum value, on 7/31/2024, to it's latest available value, on 5/31/2025, is +177.23 Million.The Serie's change from it's maximum value, on 11/30/1995, to it's latest available value, on 5/31/2025, is -406.04 Million.