Canada Trade Balance

1988 - 2020 | Monthly | USD mn | CEIC Data

Canada Trade Balance recorded a deficit of 2.6 USD bn in Nov 2020, compared with a deficit of 2.8 USD bn in the previous month. Canada Trade Balance data is updated monthly, available from Jan 1988 to Nov 2020, with an averaged value of 905.4 USD mn. The data reached an all-time high of 6.4 USD bn in Oct 2005 and a record low of -4.1 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.

In the latest reports, Canada Total Exports reached 35.8 USD bn in Nov 2020, a decrease of 4.7 % year on year. Total Imports recorded 38.3 USD bn in Nov 2020, an increase of 1.8 % year on year.

View Canada's Trade Balance from Jan 1988 to Nov 2020 in the chart:

Canada Trade Balance

What was Canada's Trade Balance in Nov 2020?

Last Previous Min Max Unit Frequency Range
-2,554.5 Nov 2020 -2,820.1 Oct 2020 -4,149.4 Dec 2018 6,351.1 Oct 2005 USD mn monthly Jan 1988 - Nov 2020

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) -376.8 Dec 2020 monthly Oct 1998 - Dec 2020
Algeria (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Argentina (USD mn) -532.2 Dec 2020 monthly Jan 1991 - Dec 2020
Armenia (USD mn) -197.4 Nov 2020 monthly Nov 1995 - Nov 2020
Australia (USD mn) 3,651.0 Nov 2020 monthly Jul 1971 - Nov 2020
Austria (USD mn) -377.4 Oct 2020 monthly Jan 1957 - Oct 2020
Azerbaijan (USD mn) -91.6 Nov 2020 monthly Jan 2000 - Nov 2020
Bahrain (USD mn) 856.2 2019 yearly 1966 - 2019
Bangladesh (USD mn) -915.4 Oct 2020 monthly Jul 1986 - Oct 2020
Belarus (USD mn) 309.3 Oct 2020 monthly Jan 2000 - Oct 2020

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Canada Key Series

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Includes 335 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 (%) -6.4 Jun 2020 quarterly Jun 1993 - Jun 2020
Consolidated Fiscal Balance (USD mn) -16,582.508 Aug 2020 monthly May 1992 - Aug 2020
Tax Revenue (USD mn) 16,287.638 Oct 2020 monthly Jan 1996 - Oct 2020
Tax Revenue: % of GDP (%) 10.0 Jun 2020 quarterly Mar 1996 - Jun 2020
National Government Debt (USD mn) 884,096.2 2020 yearly 1962 - 2020
Government Debt: % of GDP (%) 54.0 2020 yearly 1962 - 2020
Forecast: Government Expenditure (CAD bn) 1,102.276 2025 yearly 1980 - 2025
Forecast: Government Net Debt (CAD bn) 2,919.284 2025 yearly 1980 - 2025
Forecast: Government Revenue (CAD bn) 1,094.790 2025 yearly 1980 - 2025
Budgetary Revenue (CAD mn) 24,067.000 Oct 2020 monthly May 1992 - Oct 2020
Budgetary Revenue: Tax Revenues (TR) (CAD mn) 21,529.000 Oct 2020 monthly Jan 1996 - Oct 2020
Budgetary Expense (CAD mn) -42,573.000 Oct 2020 monthly May 1992 - Oct 2020
Budgetary Balance: Deficit or Surplus (CAD mn) -18,506.000 Oct 2020 monthly May 1992 - Oct 2020
Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) 4,682.000 Oct 2020 monthly Jan 1996 - Oct 2020
FIN Forecast: Budgetary Revenue (CAD mn) 417,300.000 2026 yearly 1996 - 2026
FIN Forecast: Budgetary Expense (CAD mn) 434,500.000 2026 yearly 1996 - 2026
FIN Forecast: Budgetary Balance (CAD mn) -24,900.000 2026 yearly 1996 - 2026
FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) 65,700.000 2026 yearly 2000 - 2026
Net Financing Activities (CAD mn) 28,736.000 Oct 2020 monthly Jan 1996 - Oct 2020
FIN Forecast: Federal Debt (CAD mn) 1,378,300.000 2026 yearly 1997 - 2026

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