Canada Balance of Trade
Category:
Balance of Trade
Units:
Billion
Between 1970 and 2008 Canada had been recording trade surpluses every year. From 2009 the trade balance shifted to deficit, with an exception of 2011 and 2014. In 2018, the largest trade deficits were recorded with China, Germany and Mexico, while the biggest trade surpluses were recorded with the US, the UK and Norway.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.
Source:
Statistics Canada
Event Details
Impact:
High
Country:
Symbol:
CAD
Latest Release
Previous:
-C$1.32B
Consensus:
-C$1.2B
Actual:
-C$1.93B
Next Release
Date:
12:30 PM, 8 Aug 2024 (in 11 days)
Time left:
in 11 days
Consensus:
C$2.5B