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Canada Trade Balance

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Canada Trade Balance

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Status

 
Latest Release
Dec 05, 2024
Actual
-0.92B
Forecast
-0.60B
Previous
-1.30B
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Importance:
Country:
Currency: CAD
Source: Statistics Canada
Canada Trade Balance
 
Release Date Time Actual Forecast Previous
Dec 05, 2024 (Oct) 21:30 -0.92B -0.60B -1.30B
Nov 05, 2024 (Sep) 21:30 -1.26B -0.90B -1.47B
Oct 08, 2024 (Aug) 20:30 -1.10B -0.40B -0.29B
Sep 04, 2024 (Jul) 20:30 0.68B 0.70B -0.18B
Aug 06, 2024 (Jun) 20:30 0.64B -2.00B -1.61B
Jul 03, 2024 (May) 20:30 -1.93B -1.30B -1.32B

News

CN Rail Strike Takes a Toll on Canada’s Trade Balance
CN Rail Strike Takes a Toll on Canada’s Trade Balance By Bloomberg - Jan 07, 2020

(Bloomberg) -- Canada’s trade gap reached C$1.1 billion ($847 million) in November after a multi-day rail strike disrupted transportation of key goods, raising concerns about the strength of the...

Analysis

Kathy Lien
Economic Reports Indicate Stronger Dollar By Kathy Lien - Jan 06, 2022

Today’s U.S. economic reports reminded investors of the dollar's appeal. The labor market is strong, and the Federal Reserve will be actively reducing stimulus this year, driving rates higher....

Kathy Lien
Dollar Gains Momentum In Early 2022 Trade By Kathy Lien - Jan 04, 2022

Dollar bulls came charging out of the gate on the first day of the 2022 trade. The greenback moved sharply higher against all of the major currencies, with USD/JPY closing in on a 4-year-high....

Trade Balance Discussion

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