Key data points
Last release
—
Observation period
Mar 2024
Next release
—
Forecast
−2.20 BCAD
Highest
8.55 BCAD on Jan 31, 2001
Lowest
−5.76 BCAD on Dec 31, 2018
About Canada Balance Of Trade
Between 1980 and 2008, Canada recorded a positive trade balance every year, with an expectation of 1991 and 1992. From 2009 onwards, the trade balance shifted to a deficit. In 2021, it switched again to a trade surplus, with energy products making the largest share of exports. The United States remains the country's biggest trading partner.