Canada: Trade balance, in dollars

* indicates monthly or quarterly data series
 Canada

Trade balance, billion USD

 Latest value 3.08
 Year 2022
 Measure billion U.S. dollars
 Data availability 1960 - 2022
 Average 2.26
 Min - Max -38.58 - 45.68
 Source The World Bank
For that indicator, we provide data for Canada from 1960 to 2022. The average value for Canada during that period was 2.26 billion U.S. dollars with a minimum of -38.58 billion U.S. dollars in 2015 and a maximum of 45.68 billion U.S. dollars in 2005. The latest value from 2022 is 3.08 billion U.S. dollars. For comparison, the world average in 2022 based on 153 countries is 3.66 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Canada - Trade balance, in dollars - recent values

Historical chart
Canada - Trade balance, in dollars - historical chart - 1960-2022




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.


 Related indicators Latest value Reference Measure
 Terms of trade 111.00 2021 percent
 Trade openness 67.38 2022 percent
 Exports, percent of GDP 33.72 2022 percent
 Exports, billion dollars 722.51 2022 billion U.S. dollars
 Growth of exports 2.78 2022 percent
 Imports, percent of GDP 33.54 2022 percent
 Imports, billion dollars 719.33 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.51 2022 percent
 Foreign Direct Investment, billion dollars 53.71 2022 billion U.S. dollars
 Portfolio investment inflows, equities -9,196.90 2022 million dollars (current)
 Current account, percent of GDP -0.33 2022 percent
 Current account, in dollars -6.65 2022 billion U.S. dollars
 Trade balance, percent of GDP 0.15 2022 percent
 Trade balance, in dollars 3.08 2022 billion U.S. dollars
 Reserves 106.95 2022 billion U.S. dollars
 Remittances, percent of GDP 0.04 2022 percent
 Net errors and omissions 1,162.76 2022 million USD
 Foreign exchange reserves 112.45 9/2023 billion
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