Canada Balance of Trade  Forecast


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Balance of Trade in Canada is expected to be -1200.00 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 -1923.60 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 Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -3180 -1200 -1100 -750 -1924 -2800
Exports 43560 47300 47500 47200 42998 43000
Imports 46740 48500 48600 46500 46491 46800
Current Account -16319 -15198 -14504 -14241 -14001 -11494
Current Account to GDP -3.3 -2.9 -2.8 -2.8 -2.82 -1.9
External Debt 616 620 616 615 614 628
Terms of Trade 92.2 88.45 92.99 92.82 92.64 94.74
Foreign Direct Investment 223 6678 6454 6530 6913 7331
Capital Flows 0 -5 -11.24 -11.43 -11.47 -8
Gold Reserves 0 2 0.91 1.31 1.76 4
Crude Oil Production 3942 3798 3766 3762 3758 3702
Terrorism Index 2.52 2.3 2.19 2.14 2.09 2.3
Tourist Arrivals 4183681 2607500 2835900 3177400 3079100 3026500
Weapons Sales 127 149 155 160 166 198