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 statistic shows the trade balance of goods (exports minus imports of goods) in Canada from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of goods in Canada amounted to about **** billion U.S. dollars. Trade with Canada Canada reported a trade surplus until 2009 when the country’s trade balance went negative for the first time in recent history. Its deficit was ignited at the height of the global recession, and the value of exports decreased significantly at that time. It is only now showing signs of a recovery. Meanwhile, while imports decreased during the recession as well, they bounced back faster than exports. Currently, Canada maintains neither a trade deficit nor a trade surplus as both imports and exports amount to around *** billion U.S. dollars worth of goods. Canada is hoping this will continue, and it is looking to lower tariffs on exports in order to further boost the economy and increase exports. Canada has a long and strong trading relationship with the United States - Canada’s southern neighbor is without a doubt its most important export and import partner. Overall, Canada maintains an export advantage over the United States; maintaining greater export flows than import flows. The U.S. dollar is also worth more than the Canadian dollar, favoring further exports from Canada. China and Mexico also import Canadian goods, but significantly less than the United States.

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.

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.

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.

Canada and United States bilateral trade in goods data produced by Statistics Canada and the United States Census Bureau (customs basis) and the United States Bureau of Economic Analysis (balance of payments basis). Data are presented before and after adjustments made to standardize definitions. Quarterly data are available on Customs and on Balance of payments basis and are not seasonally adjusted.

In 2024, Canada's trade deficit with China amounted to around **** billion Canadian dollars, a slight decrease from around **** billion Canadian dollars in the previous year. In 2024, Canada imported around **** billion Canadian dollar-worth of goods from China and exported only **** billion Canadian dollar-worth of merchandise.

The statistic shows the trade balance of services (exports minus imports of services) in Canada from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of services in Canada amounted to about **** billion U.S. dollars.

The balance of trade in goods and services in Canada decreased to 1.98 billion dollars compared to the previous year. This was a significant decrease in the balance of trade.

Techsalerator’s Import/Export Trade Data for Canada

Techsalerator’s Import/Export Trade Data for Canada provides a comprehensive and insightful collection of information on international trade activities involving Canadian companies. This dataset offers a detailed examination of trade transactions, documenting and classifying imports and exports across various industries within Canada. ** To obtain Techsalerator’s Import/Export Trade Data for Canada, please reach out to info@techsalerator.com or to https://www.techsalerator.com/contact-us **

with your specific requirements. Techsalerator will provide a customized quote based on your data needs, with delivery available within 24 hours. Ongoing access options can also be discussed.

Techsalerator's Import/Export Trade Data for Canada delivers a thorough analysis of trade activities, integrating data from customs reports, trade agreements, and shipping records. This comprehensive dataset helps businesses, investors, and trade analysts understand Canada’s trade landscape in detail.

Key Data Fields

Company Name: Lists the companies involved in trade transactions. This information helps identify potential partners or competitors and track industry-specific trade patterns. Trade Volume: Details the quantity or value of goods traded, providing insights into the scale and economic impact of trade activities. Product Category: Specifies the types of goods traded, such as raw materials or finished products, aiding in understanding market demand and supply chain dynamics. Import/Export Country: Identifies the countries of origin or destination for traded goods, offering insights into regional trade relationships and market access. Transaction Date: Records the date of transactions, revealing seasonal trends and shifts in trade dynamics over time. Top Trade Trends in Canada

Trade Balance Dynamics: Canada’s trade balance fluctuates with major partners such as the United States and China. Ongoing trade negotiations and policy adjustments aim to address imbalances and foster more equitable trade relationships. U.S.-Canada Trade Relations: The trade relationship with the U.S. remains central, influenced by agreements like the USMCA. This partnership shapes significant aspects of Canada's trade policy and practices. Expansion of Global Trade Networks: Canada is increasingly diversifying its trade partners and markets beyond traditional partners, reflecting a trend toward broader global trade engagement. Growth in Resource Exports: Canada continues to see substantial trade in natural resources, including oil, minerals, and timber, which play a critical role in its export economy. Emphasis on Sustainable Trade Practices: There is a growing focus on integrating sustainability into trade policies, promoting environmentally friendly practices and technologies. Notable Companies in Canadian Trade Data

Shopify Inc.: A leading e-commerce company that has a significant impact on international trade through its global platform for online retail. Bombardier Inc.: A major player in aerospace, known for exporting aircraft and components, contributing significantly to Canada’s trade in the aerospace sector. Suncor Energy Inc.: A major exporter of energy products, including crude oil and refined products, impacting Canada's energy trade. Loblaw Companies Limited: A major retailer involved in both importing and exporting a range of consumer goods, reflecting its significant role in Canada’s trade dynamics. Nutrien Ltd.: A leading exporter of agricultural products and fertilizers, highlighting Canada’s role in global agriculture and food production. Accessing Techsalerator’s Data

To obtain Techsalerator’s Import/Export Trade Data for Canada, please contact us at info@techsalerator.com with your requirements. We will provide a customized quote based on the number of data fields and records needed, with delivery available within 24 hours. Ongoing access options can also be discussed.

Included Data Fields:

Company Name Trade Volume Product Category Import/Export Country Transaction Date Shipping Details Customs Codes Trade Value For detailed insights into Canada’s import and export activities and trends, Techsalerator’s dataset is an invaluable resource for staying informed and making strategic decisions.

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.

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

Historical dataset showing Canada trade balance by year from 1961 to 2023.

Annual data on Canadian international merchandise trade by trading partner and product on a customs basis. Trade data for 255 trading partners are included with an all country aggregate. Product data are presented using the North American Product Classification System at the section level.

Canada recorded a Current Account deficit of 1 percent of the country's Gross Domestic Product in 2024. This dataset provides - Canada Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Techsalerator’s Import/Export Trade Data for North America

Techsalerator’s Import/Export Trade Data for North America delivers an exhaustive and nuanced analysis of trade activities across the North American continent. This extensive dataset provides detailed insights into import and export transactions involving companies across various sectors within North America.

Coverage Across All North American Countries

The dataset encompasses all key countries within North America, including:

1. United States

The dataset provides detailed trade information for the United States, the largest economy in the region. It includes extensive data on trade volumes, product categories, and the key trading partners of the U.S. 2. Canada

Data for Canada covers a wide range of trade activities, including import and export transactions, product classifications, and trade relationships with major global and regional partners. 3. Mexico

Comprehensive data for Mexico includes detailed records on its trade activities, including exports and imports, key sectors, and trade agreements affecting its trade dynamics. 4. Central American Countries:

Belize Costa Rica El Salvador Guatemala Honduras Nicaragua Panama The dataset covers these countries with information on their trade flows, key products, and trade relations with North American and international partners. 5. Caribbean Countries:

Bahamas Barbados Cuba Dominica Dominican Republic Grenada Haiti Jamaica Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Trinidad and Tobago Trade data for these Caribbean nations includes detailed transaction records, sector-specific trade information, and their interactions with North American trade partners. Comprehensive Data Features

Transaction Details: The dataset includes precise details on each trade transaction, such as product descriptions, quantities, values, and dates. This allows for an accurate understanding of trade flows and patterns across North America.

Company Information: It provides data on companies involved in trade, including names, locations, and industry sectors, enabling targeted business analysis and competitive intelligence.

Categorization: Transactions are categorized by industry sectors, product types, and trade partners, offering insights into market dynamics and sector-specific trends within North America.

Trade Trends: Historical data helps users analyze trends over time, identify emerging markets, and assess the impact of economic or political events on trade flows in the region.

Geographical Insights: The data offers insights into regional trade flows and cross-border dynamics between North American countries and their global trade partners, including significant international trade relationships.

Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, helping businesses navigate the complex regulatory environments within North America.

Applications and Benefits

Market Research: Companies can leverage the data to discover new market opportunities, analyze competitive landscapes, and understand demand for specific products across North American countries.

Strategic Planning: Insights from the data enable companies to refine trade strategies, optimize supply chains, and manage risks associated with international trade in North America.

Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development strategies.

Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in North America's diverse economies.

Techsalerator’s Import/Export Trade Data for North America offers a vital resource for organizations involved in international trade, providing a thorough, reliable, and detailed view of trade activities across the continent.

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.

The timeline shows the total value of U.S. trade in goods (export and import) with Canada from 2004 to 2024. In 2024, the total value of U.S. trade in goods with Canada amounted to *** billion U.S. dollars; composed of ***** billion U.S. dollars in exports and ***** billion U.S. dollars in imports.

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