Canada Trade Balance 1961-2023
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Canada trade balance for 2021 was $1.94B, a 105.72% decline from 2020.
- Canada trade balance for 2020 was $-33.82B, a 21.71% increase from 2019.
- Canada trade balance for 2019 was $-27.79B, a 14.66% decline from 2018.
- Canada trade balance for 2018 was $-32.56B, a 9.94% decline from 2017.
| Canada Trade Balance - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2021 |
$1.94B |
0.10% |
| 2020 |
$-33.82B |
-2.06% |
| 2019 |
$-27.79B |
-1.60% |
| 2018 |
$-32.56B |
-1.89% |
| 2017 |
$-36.16B |
-2.19% |
| 2016 |
$-36.04B |
-2.36% |
| 2015 |
$-38.37B |
-2.47% |
| 2014 |
$-16.35B |
-0.91% |
| 2013 |
$-28.94B |
-1.57% |
| 2012 |
$-34.55B |
-1.89% |
| 2011 |
$-20.48B |
-1.14% |
| 2010 |
$-30.30B |
-1.87% |
| 2009 |
$-19.83B |
-1.44% |
| 2008 |
$27.43B |
1.77% |
| 2007 |
$31.96B |
2.18% |
| 2006 |
$36.32B |
2.75% |
| 2005 |
$46.39B |
3.95% |
| 2004 |
$45.82B |
4.46% |
| 2003 |
$34.85B |
3.89% |
| 2002 |
$33.55B |
4.41% |
| 2001 |
$42.39B |
5.74% |
| 2000 |
$42.10B |
5.65% |
| 1999 |
$24.47B |
3.61% |
| 1998 |
$12.54B |
1.98% |
| 1997 |
$12.64B |
1.93% |
| 1996 |
$24.83B |
3.95% |
| 1995 |
$18.99B |
3.14% |
| 1994 |
$6.79B |
1.18% |
| 1993 |
$0.20B |
0.03% |
| 1992 |
$-2.02B |
-0.34% |
| 1991 |
$-3.17B |
-0.52% |
| 1990 |
$0.92B |
0.15% |
| 1989 |
$0.15B |
0.03% |
| 1988 |
$3.77B |
0.74% |
| 1987 |
$4.94B |
1.15% |
| 1986 |
$3.45B |
0.91% |
| 1985 |
$8.25B |
2.26% |
| 1984 |
$12.12B |
3.41% |
| 1983 |
$10.74B |
3.15% |
| 1982 |
$11.86B |
3.78% |
| 1981 |
$2.05B |
0.67% |
| 1980 |
$4.66B |
1.70% |
| 1979 |
$1.02B |
0.42% |
| 1978 |
$0.48B |
0.22% |
| 1977 |
$-0.75B |
-0.36% |
| 1976 |
$-1.87B |
-0.90% |
| 1975 |
$-3.38B |
-1.94% |
| 1974 |
$-0.16B |
-0.10% |
| 1973 |
$1.44B |
1.09% |
| 1972 |
$0.66B |
0.58% |
| 1971 |
$1.30B |
1.31% |
| 1970 |
$1.94B |
2.20% |
| 1969 |
$-0.16B |
-0.20% |
| 1968 |
$0.66B |
0.92% |
| 1967 |
$0.50B |
0.76% |
| 1966 |
$-0.11B |
-0.18% |
| 1965 |
$-0.17B |
-0.31% |
| 1964 |
$0.48B |
0.97% |
| 1963 |
$0.24B |
0.53% |
| 1962 |
$-0.16B |
-0.37% |
| 1961 |
$-0.26B |
-0.65% |
