Canada Balance of Trade - Forecast

Balance of Trade in Canada is expected to be -400.00 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 -300.00 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.


Forecast Data Chart
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Canada Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -114 -200 -1700 -200 -2000 3200
Exports 51265 51400 50400 51800 49700 53000
Imports 51380 51600 52100 52000 51700 49800
Current Account -15880 -15520 -16262 -15772 -16534 -16213
Current Account to GDP -3 -2.8 -2.8 -2.5 -2.5 -1.9
External Debt 632 639 623 648 651 628
Terms of Trade 92.4 92.5 88.24 91.81 91.76 90.65
Foreign Direct Investment 11674 12552 12942 12742 12952 12803
Capital Flows 0 7.66 -4 6.46 6.72 -8
Gold Reserves 0 -0.05 3 -0.07 -0.06 4
Crude Oil Production 4237 4128 4122 4123 4122 4122
Terrorism Index 2.96 2.55 2.3 2.61 2.63 2.3
Tourist Arrivals 4496465 2689500 2242600 2284700 2493200 2389500
Weapons Sales 87 156 175 182 188 143