Canada Balance of Trade  Forecast


Balance of Trade in Canada is expected to be 900.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Canada to stand at -750.00 in 12 months time. In the long-term, the Canada Balance of Trade is projected to trend around -2800.00 CAD Million in 2020, according to our econometric models.


Canada Balance of Trade
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Canada Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -3040 900 -1200 -1100 -750 -2800
Exports 44139 47000 47300 47500 47200 43000
Imports 47179 47000 48500 48600 46500 46800
Current Account -16319 -16823 -16383 -15768 -15854 -15983
Current Account to GDP -3.3 -2.9 -2.9 -2.8 -2.8 -1.9
External Debt 616 620 620 618 618 628
Terms of Trade 90.4 90.52 88.45 90.66 90.64 94.74
Foreign Direct Investment 223 8215 6692 6587 6388 6505
Capital Flows 0 -5 -5 -10.6 -10.53 -8
Gold Reserves 0 2 2 0.06 0.09 4
Crude Oil Production 3614 3656 3677 3675 3675 3675
Weapons Sales 127 194 138 144 150 171
Terrorism Index 2.52 2.37 2.3 2.28 2.24 2.3
Tourist Arrivals 4531101 3843100 2738100 2771800 3130700 3020700