Canada Trade Balance
1988 - 2023 | Monthly | USD mn | CEIC Data
Key information about Canada's Trade Balance
- Canada's Trade Balance recorded a surplus of 710.4 USD mn in Mar 2023, compared with a deficit of 361.8 USD mn in the previous month
- Canada's Trade Balance data is updated monthly, available from Jan 1988 to Mar 2023, with an averaged value of 876.1 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 46.5 USD bn in Mar 2023, a decrease of 0.0% YoY (year-on-year)
- Total Imports recorded 45.7 USD bn in Mar 2023, an increase of 0.0% YoY (year-on-year)
View Canada's Trade Balance from Jan 1988 to Mar 2023 in the chart:
What was Canada's Trade Balance in Mar 2023?
Canada's Trade Balance recorded a surplus of 710.4 USD mn in Mar 2023, compared with a deficit of 361.8 USD mn in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 710.4 Mar 2023 | -361.8 Feb 2023 | -4,283.3 Dec 2018 | 6,351.1 Oct 2005 | USD mn | monthly | Jan 1988 - Mar 2023 |
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) | -360.6 Mar 2023 | monthly | Oct 1998 - Mar 2023 |
| Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
| Argentina (USD mn) | -806.4 Mar 2023 | monthly | Jan 1991 - Mar 2023 |
| Armenia (USD mn) | -437.3 Mar 2023 | monthly | Nov 1995 - Mar 2023 |
| Australia (USD mn) | 10,268.4 Mar 2023 | monthly | Jul 1971 - Mar 2023 |
| Austria (USD mn) | -2,260.7 Jan 2023 | monthly | Jan 1957 - Jan 2023 |
| Azerbaijan (USD mn) | 1,405.3 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Bahrain (USD mn) | 8,242.9 2022 | yearly | 1966 - 2022 |
| Bangladesh (USD mn) | -956.9 Feb 2023 | monthly | Jul 1986 - Feb 2023 |
| Belarus (USD mn) | 73.1 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Belgium (USD mn) | -21.7 Feb 2023 | monthly | Jan 1993 - Feb 2023 |
| Bolivia (USD mn) | -183.9 Feb 2023 | monthly | Oct 1994 - Feb 2023 |
| Bosnia and Herzegovina (USD mn) | -431.4 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Botswana (USD mn) | -133.9 Feb 2023 | monthly | Jan 2001 - Feb 2023 |
| Brazil (USD mn) | 8,221.9 Apr 2023 | monthly | Jan 1959 - Apr 2023 |
| Brunei (USD mn) | 530.9 Jan 2023 | monthly | Jan 2003 - Jan 2023 |
| Bulgaria (USD mn) | -616.6 Feb 2023 | monthly | Jan 1995 - Feb 2023 |
| Cambodia (USD mn) | -630.5 Mar 2023 | monthly | Jun 2013 - Mar 2023 |
| Canada (USD mn) | 710.4 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Chile (USD mn) | 2,906.3 Mar 2023 | monthly | Jan 1968 - Mar 2023 |
| China (USD mn) | 88,190.7 Mar 2023 | monthly | Jan 1981 - Mar 2023 |
| Colombia (USD mn) | -855.5 Feb 2023 | monthly | Jan 1958 - Feb 2023 |
| Croatia (USD mn) | -1,401.0 Jan 2023 | monthly | Jan 1993 - Jan 2023 |
| Cyprus (USD mn) | -568.2 Feb 2023 | monthly | Jan 1957 - Feb 2023 |
| Czech Republic (USD mn) | 2,026.8 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| Denmark (USD mn) | 1,531.5 Feb 2023 | monthly | Jan 1997 - Feb 2023 |
| Ecuador (USD mn) | 242.6 Feb 2023 | monthly | Mar 1992 - Feb 2023 |
| Egypt (USD mn) | -2,107.0 Feb 2023 | monthly | Jan 1957 - Feb 2023 |
| Estonia (USD mn) | -110.0 Feb 2023 | monthly | Jan 1993 - Feb 2023 |
| European Union (USD mn) | -1,085.3 Feb 2023 | monthly | Jan 2002 - Feb 2023 |
| Finland (USD mn) | -775.9 Feb 2023 | monthly | Jan 1992 - Feb 2023 |
| France (USD mn) | -10,599.3 Feb 2023 | monthly | Jan 2000 - Feb 2023 |
| Georgia (USD mn) | -688.3 Mar 2023 | monthly | Jan 1995 - Mar 2023 |
| Germany (USD mn) | 17,887.4 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| Ghana (USD mn) | 353.4 Feb 2023 | monthly | Mar 2005 - Feb 2023 |
| Greece (USD mn) | -2,416.3 Feb 2023 | monthly | Jan 2002 - Feb 2023 |
| Hong Kong SAR, China (USD mn) | -5,172.2 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| Hungary (USD mn) | 606.1 Feb 2023 | monthly | Jan 1976 - Feb 2023 |
| Iceland (USD mn) | -147.4 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| India (USD mn) | -19,730.0 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| Indonesia (USD mn) | 2,907.3 Mar 2023 | monthly | Jan 1967 - Mar 2023 |
| Iran (USD mn) | 22,668.0 2021 | yearly | 1948 - 2021 |
| Ireland (USD mn) | 5,716.5 Feb 2023 | monthly | Jan 1970 - Feb 2023 |
| Israel (USD mn) | -2,054.5 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Italy (USD mn) | 2,137.1 Jan 2023 | monthly | Jan 1993 - Jan 2023 |
| Ivory Coast (USD mn) | 1,439.5 Jan 2023 | monthly | Jan 1981 - Jan 2023 |
| Japan (USD mn) | -9,051.7 Mar 2023 | monthly | Apr 1995 - Mar 2023 |
| Jordan (USD mn) | -698.5 Feb 2023 | monthly | Jan 1972 - Feb 2023 |
| Kazakhstan (USD mn) | 1,642.2 Feb 2023 | monthly | Sep 1995 - Feb 2023 |
| Kenya (USD mn) | -786.3 Feb 2023 | monthly | Oct 1992 - Feb 2023 |
| South Korea (USD mn) | -2,618.0 Apr 2023 | monthly | Jan 1957 - Apr 2023 |
| Kosovo (USD mn) | -457.1 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Kuwait (USD mn) | 1,817.0 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Kyrgyzstan (USD mn) | -622.7 Feb 2023 | monthly | Jan 2002 - Feb 2023 |
| Laos (USD mn) | 83.3 Dec 2022 | quarterly | Dec 1992 - Dec 2022 |
| Latvia (USD mn) | -239.9 Feb 2023 | monthly | Jan 1995 - Feb 2023 |
| Lebanon (USD mn) | -979.1 Dec 2022 | monthly | Jan 1993 - Dec 2022 |
| Lithuania (USD mn) | -516.1 Feb 2023 | monthly | Jan 1999 - Feb 2023 |
| Luxembourg (USD mn) | -784.3 Feb 2023 | monthly | Jan 1988 - Feb 2023 |
| Macau SAR, China (USD mn) | -1,442.0 Mar 2023 | monthly | Jan 1998 - Mar 2023 |
| North Macedonia (USD mn) | -222.0 Mar 2023 | monthly | Dec 1993 - Mar 2023 |
| Malawi (USD mn) | -30.3 Jun 2022 | monthly | Jan 1964 - Jun 2022 |
| Malaysia (USD mn) | 4,909.1 Mar 2023 | monthly | Jan 1990 - Mar 2023 |
| Malta (USD mn) | -201.7 Mar 2023 | monthly | Jan 1960 - Mar 2023 |
| Mauritius (USD mn) | -319.1 Feb 2023 | monthly | Jan 2006 - Feb 2023 |
| Mexico (USD mn) | 81.1 Mar 2023 | monthly | Jan 1993 - Mar 2023 |
| Moldova (USD mn) | -396.7 Feb 2023 | monthly | Jan 1992 - Feb 2023 |
| Mongolia (USD mn) | 779.1 Mar 2023 | monthly | Jan 1997 - Mar 2023 |
| Montenegro (USD mn) | -308.1 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Morocco (USD mn) | -2,679.2 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| Mozambique (USD mn) | -29.5 Sep 2022 | monthly | Jan 2011 - Sep 2022 |
| Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
| Nepal (USD mn) | -969.0 Mar 2023 | monthly | Aug 1974 - Mar 2023 |
| Netherlands (USD mn) | 13,703.7 Mar 2023 | monthly | Jan 1996 - Mar 2023 |
| New Zealand (USD mn) | -790.1 Mar 2023 | monthly | Jan 1960 - Mar 2023 |
| Nigeria (USD mn) | 2,505.4 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
| Norway (USD mn) | 6,750.1 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| Oman (USD mn) | 1,598.2 Jan 2023 | monthly | Jan 1975 - Jan 2023 |
| Pakistan (USD mn) | -829.0 Apr 2023 | monthly | Jan 1968 - Apr 2023 |
| Palestinian Territory (USD mn) | -497.2 Feb 2023 | monthly | Jan 2011 - Feb 2023 |
| Panama (USD mn) | -911.4 Dec 2022 | monthly | Jan 1964 - Dec 2022 |
| Paraguay (USD mn) | 561.6 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| Peru (USD mn) | 865.7 Feb 2023 | monthly | Jan 1957 - Feb 2023 |
| Philippines (USD mn) | -4,927.8 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| Poland (USD mn) | 2,803.0 Feb 2023 | monthly | Jan 1986 - Feb 2023 |
| Portugal (USD mn) | -2,533.2 Feb 2023 | monthly | Jan 1957 - Feb 2023 |
| Qatar (USD mn) | 5,844.2 Mar 2023 | monthly | Jan 2014 - Mar 2023 |
| Romania (USD mn) | -2,193.3 Feb 2023 | monthly | Aug 1990 - Feb 2023 |
| Russia (USD mn) | 10,731.9 Jan 2023 | monthly | Jan 1998 - Jan 2023 |
| Saudi Arabia (USD mn) | 221,585.7 2022 | yearly | 1957 - 2022 |
| Serbia (USD mn) | -721.5 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Singapore (USD mn) | 4,599.9 Mar 2023 | monthly | Jan 1976 - Mar 2023 |
| Slovakia (USD mn) | 861.4 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Slovenia (USD mn) | 315.8 Feb 2023 | monthly | Nov 1991 - Feb 2023 |
| South Africa (USD mn) | 377.5 Mar 2023 | monthly | Oct 2004 - Mar 2023 |
| Spain (USD mn) | -5,200.1 Dec 2021 | monthly | Jan 1985 - Dec 2021 |
| Sri Lanka (USD mn) | -412.1 Mar 2023 | monthly | Jan 1982 - Mar 2023 |
| Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
| Sweden (USD mn) | 658.6 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
| Switzerland (USD mn) | 1,792.6 Mar 2023 | monthly | Jan 1957 - Mar 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Dec 2022 | quarterly | Jun 1993 - Dec 2022 |
| Consolidated Fiscal Balance (USD mn) | 7,085.625 Feb 2023 | monthly | May 1992 - Feb 2023 |
| Tax Revenue (USD mn) | 28,163.371 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| Tax Revenue: % of GDP (%) | 12.3 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| National Government Debt (USD mn) | 1,473,046.8 2022 | yearly | 1962 - 2022 |
| Government Debt: % of GDP (%) | 71.3 2022 | yearly | 1962 - 2022 |
| Forecast: Government Expenditure (CAD bn) | 1,403.695 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,381.310 2027 | yearly | 1980 - 2027 |
| Budgetary Revenue (CAD mn) | 38,815.000 Jan 2023 | monthly | May 1992 - Jan 2023 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -1,983.000 Dec 2022 | monthly | May 1992 - Dec 2022 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 4,658.000 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| Budgetary Expense (CAD mn) | -37,309.000 Dec 2022 | monthly | May 1992 - Dec 2022 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 31,136.000 Dec 2022 | monthly | Jan 1996 - Dec 2022 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 542,400.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Expense (CAD mn) | 535,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Balance (CAD mn) | 4,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 71,400.000 2027 | yearly | 2000 - 2027 |
| Net Financing Activities (CAD mn) | -11,689.000 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| FIN Forecast: Federal Debt (CAD mn) | 1,246,700.000 2028 | yearly | 1997 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.689 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 710.4 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Total Exports (USD mn) | 49,935.6 Jan 2023 | monthly | Jan 1988 - Jan 2023 |
| Total Exports Growth (%) | 6.4 Feb 2023 | monthly | Jan 1989 - Feb 2023 |
| Aluminum: Exports (USD th) | 9,881,908.000 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 8,651,176.943 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 951,763.844 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 45,743.3 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Total Imports Growth (%) | 0.0 Mar 2023 | monthly | Jan 1989 - Mar 2023 |
| Imports: Medicament (USD th) | 9,962,257.486 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,570,531.231 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 34,901.411 Mar 2023 | monthly | Jan 1988 - Mar 2023 |
| Total Imports from USA (USD mn) | 29,320.909 Mar 2023 | monthly | Jan 1997 - Mar 2023 |
| Total Exports to China (USD mn) | 2,116.568 Mar 2023 | monthly | Jan 1997 - Mar 2023 |
| Total Imports from China (USD mn) | 3,963.431 Feb 2023 | monthly | Jan 1997 - Feb 2023 |
| CA: Export Unit Value Index (2010=100) | 106.461 2011 | yearly | 1948 - 2011 |
| CA: Import Unit Value Index (2010=100) | 104.348 2011 | yearly | 1948 - 2011 |
| Coal Exports (kton) | 1,714.000 Dec 2022 | monthly | Jan 1977 - Dec 2022 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,124.200 Jan 2023 | monthly | Jan 2022 - Jan 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 38,703.231 Feb 2023 | monthly | Jan 2022 - Feb 2023 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 954,559.686 Feb 2023 | monthly | Jan 1988 - Feb 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.3 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Household Debt: % of GDP (%) | 101.4 Dec 2022 | quarterly | Mar 1969 - Dec 2022 |
| Money Supply M1 (USD mn) | 1,119,347.826 Feb 2023 | monthly | Mar 1975 - Feb 2023 |
| Money Supply M2 (USD mn) | 1,768,550.842 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| M2 Growth (%) | 3.6 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Foreign Exchange Reserves (USD mn) | 81,835.0 Mar 2023 | monthly | Jun 1999 - Mar 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 3.727 Dec 2022 | quarterly | Jun 1999 - Dec 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Jan 2023 | monthly | Jun 1999 - Jan 2023 |
| Gold Reserves (USD mn) | 0.000 Mar 2023 | monthly | Dec 1956 - Mar 2023 |
| Total Deposits (USD mn) | 4,249,123.780 Jan 2023 | monthly | Jan 2009 - Jan 2023 |
| Total Deposits Growth (%) | 9.3 Jan 2023 | monthly | Jan 2010 - Jan 2023 |
| Domestic Credit (USD mn) | 4,482,583.0 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Domestic Credit Growth (%) | 5.8 Jan 2023 | monthly | Jan 1970 - Jan 2023 |
| Debt Service Ratio: Households (%) | 13.500 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 22.400 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Credit to Households (USD bn) | 2,061.219 Sep 2022 | quarterly | Mar 1969 - Sep 2022 |
| Credit to Private Non-Financial Sector (USD bn) | 4,334.988 Sep 2022 | quarterly | Mar 1954 - Sep 2022 |
| Household Debt (USD mn) | 2,071,875.7 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Total Loans (USD mn) | 3,015,081.522 Feb 2023 | monthly | Jan 1969 - Feb 2023 |
| Total Loans Growth (%) | 7.14 Feb 2023 | monthly | Jan 1970 - Feb 2023 |
| Private Debt: % of Nominal GDP (%) | 218.19 Dec 2022 | quarterly | Mar 1969 - Dec 2022 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,408,096.000 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| Money Supply: M1+: Gross (CAD mn) | 1,554,907.000 Dec 2022 | monthly | Mar 1975 - Dec 2022 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,529,803.000 Jan 2023 | monthly | Mar 1975 - Jan 2023 |
| Money Supply: M3: Gross (CAD mn) | 3,429,874.000 Dec 2022 | monthly | Jan 1970 - Dec 2022 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,417,874.000 Dec 2022 | monthly | Jan 1970 - Dec 2022 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,393,203.000 Dec 2022 | monthly | Jan 1968 - Dec 2022 |
| Official International Reserves (USD mn) | 109,960.000 Mar 2023 | monthly | Dec 1994 - Mar 2023 |
| Official International Reserves: Gold (USD mn) | 0.000 Feb 2023 | monthly | Dec 1994 - Feb 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -24.6 Feb 2023 | monthly | Dec 2001 - Feb 2023 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 51.600 Feb 2023 | monthly | Dec 2000 - Feb 2023 |
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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