Canada Trade Balance
1988 - 2024 | Monthly | USD mn | CEIC Data
Key information about Canada's Trade Balance
- Canada's Trade Balance recorded a surplus of 1.0 USD bn in Feb 2024, compared with a surplus of 453.2 USD mn in the previous month
- Canada's Trade Balance data is updated monthly, available from Jan 1988 to Feb 2024, with an averaged value of 843.6 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
Further information about Canada's Trade Balance
- In the latest reports, Canada's Total Exports reached 49.4 USD bn in Feb 2024, an increase of 1.4% YoY (year-on-year)
- Total Imports recorded 48.3 USD bn in Feb 2024, an increase of 1.4% YoY (year-on-year)
View Canada's Trade Balance from Jan 1988 to Feb 2024 in the chart:
What was Canada's Trade Balance in Feb 2024?
Canada's Trade Balance recorded a surplus of 1.0 USD bn in Feb 2024, compared with a surplus of 453.2 USD mn in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,030.8 Feb 2024 | 453.2 Jan 2024 | -4,283.3 Dec 2018 | 6,393.4 Oct 2005 | USD mn | monthly | Jan 1988 - Feb 2024 |
Trade Balance by Country Comparison
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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -438.6 Mar 2024 | monthly | Oct 1998 - Mar 2024 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | 1,345.7 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Armenia (USD mn) | 102.3 Feb 2024 | monthly | Nov 1995 - Feb 2024 |
| Australia (USD mn) | 4,748.7 Feb 2024 | monthly | Jul 1971 - Feb 2024 |
| Austria (USD mn) | 1,200.8 Oct 2023 | monthly | Jan 1957 - Oct 2023 |
| Azerbaijan (USD mn) | -60.6 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Bahrain (USD mn) | 8,242.9 2022 | yearly | 1966 - 2022 |
| Bangladesh (USD mn) | -2,231.5 Jan 2024 | monthly | Jul 1986 - Jan 2024 |
| Belarus (USD mn) | -46.0 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Belgium (USD mn) | 1,030.9 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
| Bolivia (USD mn) | -174.3 Jan 2024 | monthly | Oct 1994 - Jan 2024 |
| Bosnia and Herzegovina (USD mn) | -657.5 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Botswana (USD mn) | -198.3 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Brazil (USD mn) | 7,482.7 Mar 2024 | monthly | Jan 1959 - Mar 2024 |
| Brunei (USD mn) | 685.7 Dec 2023 | monthly | Jan 2010 - Dec 2023 |
| Bulgaria (USD mn) | -586.1 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Cambodia (USD mn) | -60.2 Feb 2024 | monthly | Jun 2013 - Feb 2024 |
| Canada (USD mn) | 1,030.8 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Chile (USD mn) | 1,769.8 Mar 2024 | monthly | Jan 1968 - Mar 2024 |
| China (USD mn) | 58,551.1 Mar 2024 | monthly | Jan 1992 - Mar 2024 |
| Colombia (USD mn) | -1,213.2 Jan 2024 | monthly | Jan 1958 - Jan 2024 |
| Croatia (USD mn) | -1,343.3 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
| Cyprus (USD mn) | -617.5 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
| Czech Republic (USD mn) | 3,162.3 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| Denmark (USD mn) | 1,145.3 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Ecuador (USD mn) | 678.9 Feb 2024 | monthly | Mar 1992 - Feb 2024 |
| Egypt (USD mn) | -2,724.0 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Estonia (USD mn) | -217.8 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| European Union (USD mn) | 26,688.4 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
| Finland (USD mn) | -300.0 Dec 2023 | monthly | Jan 1992 - Dec 2023 |
| France (USD mn) | -5,659.8 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Georgia (USD mn) | -650.6 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Germany (USD mn) | 23,053.8 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Ghana (USD mn) | 112.7 Aug 2023 | monthly | Mar 2005 - Aug 2023 |
| Greece (USD mn) | -3,274.6 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
| Hong Kong SAR, China (USD mn) | -5,325.0 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Hungary (USD mn) | 0.0 Feb 2024 | monthly | Jan 1976 - Feb 2024 |
| Iceland (USD mn) | -111.0 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| India (USD mn) | -18,710.0 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Indonesia (USD mn) | 867.0 Feb 2024 | monthly | Jan 1967 - Feb 2024 |
| Iran (USD mn) | 22,668.0 2021 | yearly | 1948 - 2021 |
| Ireland (USD mn) | 9,552.3 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Israel (USD mn) | -2,822.3 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Italy (USD mn) | 7,379.7 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
| Ivory Coast (USD mn) | 1,715.9 Dec 2023 | monthly | Jan 1981 - Dec 2023 |
| Japan (USD mn) | -3,018.4 Feb 2024 | monthly | Apr 1995 - Feb 2024 |
| Jordan (USD mn) | -942.6 Jan 2024 | monthly | Jan 1972 - Jan 2024 |
| Kazakhstan (USD mn) | 1,721.3 Jan 2024 | monthly | Sep 1995 - Jan 2024 |
| Kenya (USD mn) | -957.2 Jan 2024 | monthly | Oct 1992 - Jan 2024 |
| South Korea (USD mn) | 4,279.0 Mar 2024 | monthly | Jan 1966 - Mar 2024 |
| Kosovo (USD mn) | -429.0 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Kuwait (USD mn) | 1,817.0 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Kyrgyzstan (USD mn) | -806.2 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
| Laos (USD mn) | 97.3 Sep 2023 | quarterly | Dec 1992 - Sep 2023 |
| Latvia (USD mn) | -259.2 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Lebanon (USD mn) | -397.4 Aug 2023 | monthly | Jan 1993 - Aug 2023 |
| Lithuania (USD mn) | -125.5 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Luxembourg (USD mn) | -668.8 Jan 2024 | monthly | Jan 1988 - Jan 2024 |
| Macau SAR, China (USD mn) | -977.3 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| North Macedonia (USD mn) | -309.5 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
| Malawi (USD mn) | -42.8 Feb 2023 | monthly | Jan 1964 - Feb 2023 |
| Malaysia (USD mn) | 2,506.1 Feb 2024 | monthly | Jan 1990 - Feb 2024 |
| Malta (USD mn) | -188.9 Feb 2024 | monthly | Jan 1960 - Feb 2024 |
| Mauritius (USD mn) | -310.5 Jan 2024 | monthly | Jan 2006 - Jan 2024 |
| Mexico (USD mn) | -1,609.5 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Moldova (USD mn) | -498.7 Dec 2023 | monthly | Jan 1992 - Dec 2023 |
| Mongolia (USD mn) | 252.4 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Montenegro (USD mn) | -280.4 Dec 2023 | monthly | Jan 2005 - Dec 2023 |
| Morocco (USD mn) | -4,150.1 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Mozambique (USD mn) | 89.3 Dec 2023 | monthly | Jan 2011 - Dec 2023 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -893.2 Mar 2024 | monthly | Aug 1974 - Mar 2024 |
| Netherlands (USD mn) | 12,662.3 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| New Zealand (USD mn) | -133.5 Feb 2024 | monthly | Jan 1960 - Feb 2024 |
| Nigeria (USD mn) | 1,889.4 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Norway (USD mn) | 4,906.7 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Oman (USD mn) | 2,280.9 Jan 2024 | monthly | Jan 1975 - Jan 2024 |
| Pakistan (USD mn) | -2,171.0 Mar 2024 | monthly | Jan 1968 - Mar 2024 |
| Palestinian Territory (USD mn) | -354.9 Jan 2024 | monthly | Jan 2011 - Jan 2024 |
| Panama (USD mn) | -1,031.9 Jan 2024 | monthly | Jan 1964 - Jan 2024 |
| Paraguay (USD mn) | 95.4 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Peru (USD mn) | 1,350.6 Feb 2024 | monthly | Jan 1985 - Feb 2024 |
| Philippines (USD mn) | -3,647.5 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Poland (USD mn) | 1,590.4 Jan 2024 | monthly | Jan 1986 - Jan 2024 |
| Portugal (USD mn) | -2,543.2 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Qatar (USD mn) | 4,964.0 Feb 2024 | monthly | Jan 2014 - Feb 2024 |
| Romania (USD mn) | -2,346.4 Feb 2024 | monthly | Aug 1990 - Feb 2024 |
| Russia (USD mn) | 10,731.9 Jan 2023 | monthly | Jan 1998 - Jan 2023 |
| Saudi Arabia (USD mn) | 111,202.9 2023 | yearly | 1957 - 2023 |
| Serbia (USD mn) | -769.3 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Singapore (USD mn) | 4,438.4 Feb 2024 | monthly | Jan 1976 - Feb 2024 |
| Slovakia (USD mn) | 700.9 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| Slovenia (USD mn) | -1,069.1 Feb 2024 | monthly | Nov 1991 - Feb 2024 |
| South Africa (USD mn) | 738.4 Feb 2024 | monthly | Oct 2004 - Feb 2024 |
| Spain (USD mn) | -3,292.3 Jan 2024 | monthly | Feb 1974 - Jan 2024 |
| Sri Lanka (USD mn) | -319.1 Feb 2024 | monthly | Jan 1982 - Feb 2024 |
| Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
| Sweden (USD mn) | 891.9 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
| Switzerland (USD mn) | 4,304.1 Feb 2024 | monthly | Jan 1957 - Feb 2024 |
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Includes 322 key indicators for Canada, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Dec 2023 | quarterly | Jun 1993 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -1,533.934 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Tax Revenue (USD mn) | 25,573.270 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Tax Revenue: % of GDP (%) | 12.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| National Government Debt (USD mn) | 1,423,314.6 2023 | yearly | 1962 - 2023 |
| Government Debt: % of GDP (%) | 67.8 2023 | yearly | 1962 - 2023 |
| Forecast: Government Expenditure (CAD bn) | 1,420.940 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,415.640 2028 | yearly | 1980 - 2028 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -2,059.000 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,501.000 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Budgetary Expense (CAD mn) | -43,298.000 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Budgetary Revenue (CAD mn) | 41,239.000 Jan 2024 | monthly | May 1992 - Jan 2024 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 34,327.000 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 573,800.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Expense (CAD mn) | 597,300.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Balance (CAD mn) | -18,400.000 2029 | yearly | 1996 - 2029 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 82,000.000 2029 | yearly | 2000 - 2029 |
| Net Financing Activities (CAD mn) | 15,896.000 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| FIN Forecast: Federal Debt (CAD mn) | 1,362,200.000 2029 | yearly | 1997 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.047 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,030.8 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Exports (USD mn) | 49,351.2 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Exports Growth (%) | 4.2 Feb 2024 | monthly | Jan 1989 - Feb 2024 |
| Aluminum: Exports (USD th) | 11,552,234.816 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 48,320.4 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Imports Growth (%) | 1.4 Feb 2024 | monthly | Jan 1989 - Feb 2024 |
| Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 37,191.556 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Total Imports from USA (USD mn) | 30,462.815 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Total Exports to China (USD mn) | 1,892.074 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Total Imports from China (USD mn) | 3,324.071 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Coal Exports (kton) | 2,193.000 Jan 2024 | monthly | Jan 1977 - Jan 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 10,007.180 Feb 2024 | monthly | Jan 2022 - Feb 2024 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,705.329 Feb 2024 | monthly | Jan 2022 - Feb 2024 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 868,150.093 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Household Debt: % of GDP (%) | 101.2 Dec 2023 | quarterly | Mar 1969 - Dec 2023 |
| Money Supply M1 (USD mn) | 1,121,199.940 Jan 2024 | monthly | Mar 1975 - Jan 2024 |
| Money Supply M2 (USD mn) | 1,859,997.759 Jan 2024 | monthly | Jan 1968 - Jan 2024 |
| M2 Growth (%) | 3.5 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Foreign Exchange Reserves (USD mn) | 89,875.0 Mar 2024 | monthly | Jun 1999 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 4.199 Dec 2023 | quarterly | Jun 1999 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.0 Feb 2024 | monthly | Jun 1999 - Feb 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 4,369,876.262 Jan 2024 | monthly | Jan 2009 - Jan 2024 |
| Total Deposits Growth (%) | 3.2 Jan 2024 | monthly | Jan 2010 - Jan 2024 |
| Domestic Credit (USD mn) | 4,683,925.6 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Domestic Credit Growth (%) | 2.5 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Debt Service Ratio: Households (%) | 14.500 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 24.300 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Credit to Households (USD bn) | 2,181.612 Sep 2023 | quarterly | Mar 1969 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 4,677.640 Sep 2023 | quarterly | Mar 1954 - Sep 2023 |
| Household Debt (USD mn) | 2,181,527.2 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Total Loans (USD mn) | 3,176,165.571 Jan 2024 | monthly | Jan 1969 - Jan 2024 |
| Total Loans Growth (%) | 3.38 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 217.49 Dec 2023 | quarterly | Mar 1969 - Dec 2023 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,486,521.000 Jan 2024 | monthly | Jan 1968 - Jan 2024 |
| Money Supply: M3: Gross (CAD mn) | 3,593,996.000 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Money Supply: M1+: Gross (CAD mn) | 1,505,606.000 Dec 2023 | monthly | Mar 1975 - Dec 2023 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,590,804.000 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,500,614.000 Jan 2024 | monthly | Mar 1975 - Jan 2024 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,489,421.000 Jan 2024 | monthly | Jan 1968 - Jan 2024 |
| Official International Reserves (USD mn) | 117,950.000 Mar 2024 | monthly | Dec 1994 - Mar 2024 |
| Official International Reserves: Gold (USD mn) | 0.000 Mar 2024 | monthly | Dec 1994 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -1.4 Mar 2024 | monthly | Dec 2001 - Mar 2024 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 57.500 Mar 2024 | monthly | Dec 2000 - Mar 2024 |
More Indicators for Canada
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Foreign Trade
Domestic Exports: Harmonized System 6 Digits
Export Value
Exports
Exports: fob: by Country: Annual
Exports: fob: by Country: Quarterly
Exports: Services: by Region
Exports Volume Index: 2007=100
Import Value
Imports
Imports: cif: by Country: Annual
Imports: cif: by Country: Quarterly
Imports: fob: by Country: Monthly
Imports: Harmonized System 6 Digits
Imports: Services: by Region
Imports Volume Index: 2007=100
NAPCS 2007: Exports by Commodity: Seasonally Adjusted
NAPCS 2007: Imports by Commodity: Seasonally Adjusted
NAPCS: Exports and Imports: By Major Trading Partners: Seasonally Adjusted
NAPCS: Exports By Commodity: Seasonally Adjusted
NAPCS: Imports By Commodity: Seasonally Adjusted
Re-Exports: Harmonized System 6 Digits
Trade Balance: Services: by Region
Trade Statistics
Trade Statistics: Quarterly
Volume and Unit Value Index
Volume and Unit Value Index: Quarterly
Crude Oil Import
Domestic Exports: Harmonized System 6 Digits (Discontinued)
Export Volume
Exports & Imports: NAPCS: Customs
Exports: fob: by Country: Monthly
Exports: Services
Exports Volume Index: 2002=100
Grain Exports
Import Volume
Imports: By Harmonized System 6 Digits
Imports: cif: by Country: Monthly
Imports: fob: by Country: Annual
Imports: fob: by Country: Quarterly
Imports: Services
Imports Volume Index: 2002=100
NAPCS 2007: Exports by Commodity
NAPCS 2007: Imports by Commodity
NAPCS: Exports and Imports: By Major Trading Partners
NAPCS: Exports By Commodity
NAPCS: Imports By Commodity
Natural Gas Exports
Trade Balance: Services
Trade Index
Trade Statistics: Annual
Trade Tariffs
Volume and Unit Value Index: Annual