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.

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.

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.

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.

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.

View quarterly updates and historical trends for US Trade Balance on Goods with Canada. from United States. Source: Bureau of Economic Analysis. Track eco…

United States US: Trade Balance: Advanced Economies: Canada data was reported at -17.859 USD bn in 2017. This records a decrease from the previous number of -12.106 USD bn for 2016. United States US: Trade Balance: Advanced Economies: Canada data is updated yearly, averaging -9.705 USD bn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 974.000 USD mn in 1956 and a record low of -80.523 USD bn in 2005. United States US: Trade Balance: Advanced Economies: Canada data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.DOT: Trade Balance: by Country: Annual.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Canada (XTNTVA01CAM667S) from Jan 1957 to Aug 2025 about Canada, trade, Net, and goods.

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.

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 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.

Canada: Trade balance, billion USD: The latest value from 2024 is -5.95 billion U.S. dollars, a decline from 1.36 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Canada from 1960 to 2024 is 2.3 billion U.S. dollars. The minimum value, -38.58 billion U.S. dollars, was reached in 2015 while the maximum of 45.68 billion U.S. dollars was recorded in 2005.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Canada (XTNTVA01CAQ667S) from Q1 1957 to Q2 2025 about Canada, trade, Net, and goods.

Overview with Chart & Report: Canada Trade Balance measures a change between exports and imports, in US dollars. If exports exceed imports, a trade surplus is formed. It is seen as positive, because Canada has a

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'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.

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.

Techsalerator’s Import/Export Trade Data for the United States

Techsalerator’s Import/Export Trade Data for the United States offers a comprehensive and insightful collection of information on international trade activities involving U.S. companies. This dataset provides a detailed examination of trade transactions, documenting and classifying imports and exports across various industries within the U.S.

To obtain Techsalerator’s Import/Export Trade Data for the United States, please reach out to info@techsalerator.com or visit Techsalerator 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 the United States 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 the U.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 the United States

• Trade Balance Dynamics: The U.S. trade balance fluctuates with major partners such as China, Canada, and Mexico. Ongoing trade negotiations and policy adjustments aim to address imbalances and foster more equitable trade relationships.
• U.S.-China Trade Relations: The trade relationship with China remains central, influenced by agreements and tariffs. This partnership shapes significant aspects of the U.S. trade policy and practices.
• Expansion of Global Trade Networks: The United States continues to diversify its trade partners and markets beyond traditional partners, reflecting a trend toward broader global trade engagement.
• Growth in Technology Exports: The U.S. sees substantial trade in technology products, including electronics and software, 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 U.S. Trade Data

• Apple Inc.: A leading technology company involved in exporting electronics and importing components from various global suppliers.
• Boeing: A major aerospace manufacturer engaged in importing and exporting aircraft and aerospace products, impacting U.S. trade in the transportation sector.
• Cargill: A key player in agriculture, known for exporting and importing agricultural products, impacting the U.S. trade in commodities.
• Amazon: A significant e-commerce operator involved in the import and export of a wide range of goods, reflecting its role in the U.S. trade dynamics.
• General Motors: An important automotive manufacturer that engages in global trade of vehicles and automotive parts, highlighting the U.S. role in the automotive sector.

Accessing Techsalerator’s Data

To obtain Techsalerator’s Import/Export Trade Data for the United States, 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 the United States’ import and export activities and trends, Techsalerator’s dataset is an invaluable resource for staying informed and making strategic decisions.

Canada CA: Trade Balance: Advanced Economies: United States data was reported at 7.121 USD bn in May 2018. This records an increase from the previous number of 6.448 USD bn for Apr 2018. Canada CA: Trade Balance: Advanced Economies: United States data is updated monthly, averaging 814.400 USD mn from Jan 1960 (Median) to May 2018, with 701 observations. The data reached an all-time high of 14.140 USD bn in Jul 2008 and a record low of -944.500 USD mn in Apr 1980. Canada CA: Trade Balance: Advanced Economies: United States data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.DOT: Trade Balance: by Country: Monthly.