Canada Terms of Trade - Forecast

Terms of Trade in Canada is expected to be 92.32 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Canada to stand at 92.40 in 12 months time. In the long-term, the Canada Terms of Trade is projected to trend around 90.65 Index Points in 2020, according to our econometric models.


Canada Terms of Trade
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Canada Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -1902 -25050 -26566 -1200 -2182 -3800
Exports 48564 47200 48900 45400 48900 43000
Imports 50467 46500 51000 46600 51100 46800
Current Account -19496 -19437 -18672 -19029 -18281 -18933
Current Account to GDP -3 -2.8 -2.8 -2.8 -2.5 -1.9
External Debt 632 632 632 623 632 628
Terms of Trade 93.5 93.75 93.37 88.24 93.37 90.65
Foreign Direct Investment 17792 11036 12521 12761 12627 12673
Capital Flows -51 6.08 8.38 -4 7.21 -8
Gold Reserves 0 0 0 3 0 4
Crude Oil Production 3981 3978 3978 3978 3978 3978
Terrorism Index 2.96 2.5 2.55 2.3 2.61 2.3
Tourist Arrivals 1879690 2897300 2582100 2165200 2448500 2440500
Weapons Sales 87 87 87 87 87 87