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Canadian Research Economic DataCRED

Merchandise Trade Balance

(TRADE_BALANCE)
Observations
Aug 2026: 145563238
Updated: 2026-10-09, 6:18:19 a.m. ET
Units
Thousands of dollars,
Exports minus imports, computed from the two series
Frequency
Monthly
Source
Statistics Canada, Canadian International Merchandise Trade
Series ID
TRADE_BALANCE
Table 12-10-0174-01
CREDMerchandise Trade Balance
COVID-19 recessionGlobal Financial CrisisEarly 1990s recession200000004000000060000000800000001000000001200000001400000001600000001988199219962000200420082012201620202024Thousands of dollars1988-01-01: 22732630.61988-02-01: 217070971988-03-01: 24846175.91988-04-01: 22191737.41988-05-01: 23829623.61988-06-01: 24135259.91988-07-01: 18571308.21988-08-01: 21647445.11988-09-01: 22624275.11988-10-01: 22905636.71988-11-01: 23679530.61988-12-01: 20897446.81989-01-01: 219552321989-02-01: 22273538.41989-03-01: 24208933.31989-04-01: 23630827.91989-05-01: 25179971.2999999971989-06-01: 23990672.2999999971989-07-01: 19359110.11989-08-01: 21913916.11989-09-01: 22474562.7999999971989-10-01: 24270920.81989-11-01: 23877771.71989-12-01: 20756943.41990-01-01: 22242601.51990-02-01: 22880819.91990-03-01: 26286400.51990-04-01: 23935522.61990-05-01: 26191233.21990-06-01: 25043982.2000000031990-07-01: 21305755.61990-08-01: 22777407.21990-09-01: 22629823.61990-10-01: 26178971.91990-11-01: 242308401990-12-01: 21500154.2000000031991-01-01: 22670353.91991-02-01: 21708335.51991-03-01: 23276725.11991-04-01: 24622837.31991-05-01: 24914449.91991-06-01: 23839251.61991-07-01: 22108743.41991-08-01: 23103615.41991-09-01: 23356109.31991-10-01: 26060653.21991-11-01: 24217425.51991-12-01: 21588426.51992-01-01: 23157710.11992-02-01: 23768503.41992-03-01: 27095248.91992-04-01: 26132420.41992-05-01: 26188645.7000000031992-06-01: 27223079.91992-07-01: 23752378.7999999971992-08-01: 244037811992-09-01: 27168569.51992-10-01: 28593879.91992-11-01: 27251344.21992-12-01: 26109665.91993-01-01: 25465571.41993-02-01: 26601905.2999999971993-03-01: 318464151993-04-01: 30127004.51993-05-01: 30159973.41993-06-01: 31924504.7999999971993-07-01: 26025258.2000000031993-08-01: 29214994.61993-09-01: 31260306.91993-10-01: 32761123.41993-11-01: 325244921993-12-01: 29555334.21994-01-01: 28218720.91994-02-01: 29418461.61994-03-01: 37260230.31994-04-01: 34571532.31994-05-01: 35912025.31994-06-01: 38786398.91994-07-01: 31016904.51994-08-01: 37373036.5999999941994-09-01: 37729524.61994-10-01: 39395096.21994-11-01: 40583634.51994-12-01: 38151895.21995-01-01: 39961540.4000000061995-02-01: 38857989.51995-03-01: 44125009.91995-04-01: 40003172.71995-05-01: 43343215.81995-06-01: 430645541995-07-01: 33490187.9000000021995-08-01: 41225977.61995-09-01: 40677609.61995-10-01: 42648422.31995-11-01: 42157658.41995-12-01: 38264602.11996-01-01: 39779195.4000000061996-02-01: 41413954.41996-03-01: 42762505.21996-04-01: 43113441.31996-05-01: 43762746.21996-06-01: 42808225.0999999941996-07-01: 38585253.51996-08-01: 42106364.11996-09-01: 44049389.31996-10-01: 44864163.11996-11-01: 44451282.71996-12-01: 40688395.81997-01-01: 44586593.31997-02-01: 43992845.41997-03-01: 47245733.81997-04-01: 49395210.71997-05-01: 48525088.51997-06-01: 47871669.51997-07-01: 43449524.81997-08-01: 46368230.0999999941997-09-01: 49924596.11997-10-01: 51872083.31997-11-01: 491994081997-12-01: 48584816.0999999941998-01-01: 46529455.21998-02-01: 48733929.11998-03-01: 53454660.71998-04-01: 523963851998-05-01: 51133310.31998-06-01: 51843345.51998-07-01: 44597355.4000000061998-08-01: 502203771998-09-01: 53997795.5999999941998-10-01: 57124271.21998-11-01: 54771240.51998-12-01: 519994761999-01-01: 49903188.51999-02-01: 52596965.61999-03-01: 59860963.41999-04-01: 55480586.21999-05-01: 55094509.21999-06-01: 580111701999-07-01: 49554570.41999-08-01: 57222892.51999-09-01: 586101391999-10-01: 60137453.51999-11-01: 61783685.91999-12-01: 57573330.82000-01-01: 56559149.52000-02-01: 59975805.42000-03-01: 687432572000-04-01: 61452130.72000-05-01: 68062292.12000-06-01: 67715986.62000-07-01: 562187032000-08-01: 65704597.92000-09-01: 64799027.12000-10-01: 69177820.62000-11-01: 69123178.82000-12-01: 62675548.72001-01-01: 65755558.52001-02-01: 60231307.72001-03-01: 69676587.12001-04-01: 65172338.52001-05-01: 67546741.62001-06-01: 64972676.32001-07-01: 54996166.82001-08-01: 62456719.22001-09-01: 57646588.62001-10-01: 63365189.52001-11-01: 62269635.9000000062001-12-01: 53106693.9000000062002-01-01: 57244514.22002-02-01: 57675031.0999999942002-03-01: 62726928.0999999942002-04-01: 64865823.72002-05-01: 65466979.42002-06-01: 62104748.12002-07-01: 56907981.4000000062002-08-01: 639693072002-09-01: 63015095.82002-10-01: 68630928.12002-11-01: 64121564.32002-12-01: 58609583.0999999942003-01-01: 60815969.5999999942003-02-01: 59276507.52003-03-01: 66632702.52003-04-01: 63134615.92003-05-01: 61506361.12003-06-01: 59248460.82003-07-01: 54184949.22003-08-01: 55530536.82003-09-01: 60537257.32003-10-01: 62107597.42003-11-01: 57788373.52003-12-01: 56550317.52004-01-01: 539566832004-02-01: 584287922004-03-01: 67984744.92004-04-01: 65407597.1999999962004-05-01: 68056260.32004-06-01: 70716764.62004-07-01: 60863238.52004-08-01: 66305293.72004-09-01: 651579162004-10-01: 65811052.82004-11-01: 64043694.52004-12-01: 61444148.32005-01-01: 61016097.9000000062005-02-01: 62214678.82005-03-01: 69773901.22005-04-01: 68009617.22005-05-01: 70217796.12005-06-01: 71044078.82005-07-01: 60649001.0999999942005-08-01: 706355542005-09-01: 70671905.92005-10-01: 72953435.12005-11-01: 71505223.72005-12-01: 685175572006-01-01: 676754112006-02-01: 63931947.8000000042006-03-01: 74517622.72006-04-01: 67847929.12006-05-01: 72278640.62006-06-01: 72719365.82006-07-01: 64504673.0999999942006-08-01: 72557638.12006-09-01: 69621529.12006-10-01: 71635536.52006-11-01: 71801732.62006-12-01: 683168572007-01-01: 70446226.82007-02-01: 68109601.12007-03-01: 79110392.92007-04-01: 74316077.52007-05-01: 75389483.800000012007-06-01: 73781941.92007-07-01: 67270304.12007-08-01: 72496914.62007-09-01: 68701253.12007-10-01: 72610717.42007-11-01: 70845517.300000012007-12-01: 64543470.82008-01-01: 68814144.42008-02-01: 69281394.12008-03-01: 74821519.52008-04-01: 77266071.800000012008-05-01: 79258268.32008-06-01: 80726167.300000012008-07-01: 80893296.300000012008-08-01: 77813564.12008-09-01: 80202498.42008-10-01: 85579760.12008-11-01: 74745561.22008-12-01: 680849842009-01-01: 58778896.62009-02-01: 59439632.82009-03-01: 64868149.82009-04-01: 60678744.0999999942009-05-01: 55856755.22009-06-01: 58971297.22009-07-01: 60212316.72009-08-01: 58732600.82009-09-01: 61075537.72009-10-01: 62782815.12009-11-01: 617827492009-12-01: 61933445.52010-01-01: 58694715.52010-02-01: 60189972.4000000062010-03-01: 69833801.62010-04-01: 652460322010-05-01: 67829113.52010-06-01: 69625911.199999992010-07-01: 64199042.72010-08-01: 68364706.92010-09-01: 69192637.52010-10-01: 70333295.52010-11-01: 69215455.62010-12-01: 69833658.72011-01-01: 67927799.42011-02-01: 65148093.0999999942011-03-01: 77970854.42011-04-01: 70880023.12011-05-01: 74568502.199999992011-06-01: 75908955.12011-07-01: 71153658.62011-08-01: 77908199.62011-09-01: 78169969.32011-10-01: 789095442011-11-01: 78701149.300000012011-12-01: 76126062.22012-01-01: 73369622.22012-02-01: 73789339.22012-03-01: 81214087.12012-04-01: 77241881.12012-05-01: 79676359.52012-06-01: 79558627.12012-07-01: 74261286.92012-08-01: 76723377.12012-09-01: 73441856.12012-10-01: 79287723.52012-11-01: 77356595.800000012012-12-01: 71321748.22013-01-01: 74657846.199999992013-02-01: 724340232013-03-01: 80845130.42013-04-01: 80730743.12013-05-01: 80922346.22013-06-01: 787243522013-07-01: 76353909.62013-08-01: 79755511.72013-09-01: 80479810.52013-10-01: 84393724.52013-11-01: 80097291.42013-12-01: 78212885.52014-01-01: 78243163.72014-02-01: 77938862.92014-03-01: 88841100.42014-04-01: 86447625.800000012014-05-01: 89704047.82014-06-01: 889124452014-07-01: 85447317.92014-08-01: 86943088.42014-09-01: 90181787.62014-10-01: 93779566.52014-11-01: 84708502.62014-12-01: 87825343.62015-01-01: 82775065.12015-02-01: 80391530.12015-03-01: 93178251.699999992015-04-01: 87382270.22015-05-01: 86099656.82015-06-01: 92242964.300000012015-07-01: 88791417.72015-08-01: 89981090.22015-09-01: 92010165.42015-10-01: 90126014.12015-11-01: 87587975.12015-12-01: 89651480.72016-01-01: 85263387.300000012016-02-01: 84506121.62016-03-01: 89285229.699999992016-04-01: 84151037.52016-05-01: 85346934.82016-06-01: 89085910.12016-07-01: 81594239.12016-08-01: 90273234.199999992016-09-01: 92189206.42016-10-01: 89734620.92016-11-01: 91348938.92016-12-01: 87244091.199999992017-01-01: 86523823.22017-02-01: 84949903.62017-03-01: 99581985.62017-04-01: 92043084.800000012017-05-01: 101010151.12017-06-01: 99138464.42017-07-01: 851566352017-08-01: 91677975.12017-09-01: 889583452017-10-01: 91981860.92017-11-01: 95598152.32017-12-01: 91495441.52018-01-01: 89193959.22018-02-01: 86729105.62018-03-01: 1024054132018-04-01: 97849875.800000012018-05-01: 104021544.199999992018-06-01: 105186425.22018-07-01: 99028323.82018-08-01: 102586719.12018-09-01: 97723861.82018-10-01: 103380378.12018-11-01: 98523868.199999992018-12-01: 93550867.62019-01-01: 93611061.52019-02-01: 88842125.92019-03-01: 105237131.82019-04-01: 101796463.22019-05-01: 109667745.52019-06-01: 1016756932019-07-01: 98801767.12019-08-01: 101208522.82019-09-01: 98544693.72019-10-01: 102644335.22019-11-01: 96091799.22019-12-01: 95923479.92020-01-01: 92209883.22020-02-01: 89511610.82020-03-01: 97578521.32020-04-01: 68843841.82020-05-01: 68833335.52020-06-01: 847857382020-07-01: 90187880.32020-08-01: 90767554.800000012020-09-01: 95384871.32020-10-01: 982898682020-11-01: 95135380.42020-12-01: 94618621.800000012021-01-01: 91443024.12021-02-01: 89303626.800000012021-03-01: 108790983.12021-04-01: 98843474.12021-05-01: 100511883.300000012021-06-01: 107306463.300000012021-07-01: 102975800.72021-08-01: 106539619.62021-09-01: 104075112.199999992021-10-01: 109498250.800000012021-11-01: 114126727.12021-12-01: 114928051.12022-01-01: 103928489.72022-02-01: 106050605.12022-03-01: 1342457372022-04-01: 1268252512022-05-01: 137155362.32022-06-01: 138722185.22022-07-01: 128715145.82022-08-01: 134583326.62022-09-01: 131770316.52022-10-01: 133181299.22022-11-01: 128259063.22022-12-01: 124410773.22023-01-01: 124227621.22023-02-01: 115949956.42023-03-01: 135861017.52023-04-01: 122553960.42023-05-01: 133270050.32023-06-01: 128684893.699999992023-07-01: 118700709.800000012023-08-01: 131849647.52023-09-01: 128471095.12023-10-01: 133034084.22023-11-01: 130632715.800000012023-12-01: 121765145.42024-01-01: 117259471.92024-02-01: 121422376.92024-03-01: 129012574.72024-04-01: 130221926.92024-05-01: 1316399152024-06-01: 131207118.800000012024-07-01: 130205331.300000012024-08-01: 129374279.300000012024-09-01: 129372204.699999992024-10-01: 136570345.52024-11-01: 130000266.92024-12-01: 131862738.32025-01-01: 1367661742025-02-01: 127478874.52025-03-01: 144381124.32025-04-01: 126591348.62025-05-01: 129464213.52025-06-01: 1289473942025-07-01: 127796107.300000012025-08-01: 123620183.300000012025-09-01: 128168839.699999992025-10-01: 137032667.82025-11-01: 126135993.12025-12-01: 130496429.62026-01-01: 120099722.72026-02-01: 125922933.12026-03-01: 146976379.42026-04-01: 143035170.52026-05-01: 1475187262026-06-01: 153217154.32026-07-01: 1463692312026-08-01: 145563238
Source: Statistics Canada, Canadian International Merchandise Trade via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
Xfrin

Notes

Source: Statistics Canada

Release: Canadian International Merchandise Trade

Units: Thousands of dollars, Exports minus imports, computed from the two series

Frequency: Monthly

Notes: Merchandise exports minus merchandise imports in thousands of dollars; a positive value is a trade surplus. It is computed from the two verified vectors above rather than fetched as a separate series, so it always matches the exports and imports shown here. Published monthly.

Suggested Citation: Statistics Canada, Merchandise Trade Balance TRADE_BALANCE, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/TRADE_BALANCE, October 9, 2026.

Release Tables

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CREDMerchandise Exports
COVID-19 recession300000003500000040000000450000005000000055000000600000006500000070000000750000008000000085000000201620182020202220242026Thousands of dollars2016-09-01: 44461913.22016-10-01: 44717235.92016-11-01: 46720721.52016-12-01: 45241955.92017-01-01: 44598023.12017-02-01: 42319690.52017-03-01: 49759833.52017-04-01: 45367235.62017-05-01: 50094555.72017-06-01: 48074587.52017-07-01: 40976022.62017-08-01: 43579355.62017-09-01: 42943507.42017-10-01: 45506078.62017-11-01: 46718111.82017-12-01: 461496232018-01-01: 45322209.52018-02-01: 42356712.32018-03-01: 49740106.72018-04-01: 47541967.62018-05-01: 50819018.92018-06-01: 52406548.12018-07-01: 49256146.32018-08-01: 50449437.82018-09-01: 48682119.42018-10-01: 51763041.22018-11-01: 49141959.92018-12-01: 46815397.92019-01-01: 45576275.32019-02-01: 42506739.72019-03-01: 51634842.52019-04-01: 49765355.12019-05-01: 55430249.12019-06-01: 50999708.22019-07-01: 48836318.22019-08-01: 49389471.52019-09-01: 49186862.62019-10-01: 50836424.62019-11-01: 48023878.22019-12-01: 49896206.52020-01-01: 46561228.22020-02-01: 44504479.92020-03-01: 48172586.42020-04-01: 324717572020-05-01: 342072112020-06-01: 41099538.42020-07-01: 43279822.92020-08-01: 43604993.22020-09-01: 46676843.52020-10-01: 475066302020-11-01: 46755181.32020-12-01: 47686870.72021-01-01: 47511084.22021-02-01: 45591576.12021-03-01: 53826638.52021-04-01: 48876767.52021-05-01: 49960099.72021-06-01: 55292242.72021-07-01: 51577924.62021-08-01: 539494732021-09-01: 52708280.92021-10-01: 55101729.22021-11-01: 58873247.52021-12-01: 58449256.52022-01-01: 54960866.12022-02-01: 54862928.12022-03-01: 68230441.42022-04-01: 63776906.62022-05-01: 73171124.12022-06-01: 71684749.82022-07-01: 66197500.82022-08-01: 67529261.82022-09-01: 66292237.82022-10-01: 66594936.52022-11-01: 649399392022-12-01: 651847762023-01-01: 65298455.62023-02-01: 58695572.42023-03-01: 69052473.72023-04-01: 61832315.12023-05-01: 66127881.72023-06-01: 61998807.42023-07-01: 58748867.12023-08-01: 64969894.22023-09-01: 64246388.62023-10-01: 67726028.22023-11-01: 66606405.72023-12-01: 625807242024-01-01: 60999256.22024-02-01: 61573189.82024-03-01: 64253079.62024-04-01: 64621725.72024-05-01: 65447981.92024-06-01: 65993751.62024-07-01: 66264417.62024-08-01: 62680282.12024-09-01: 64804942.32024-10-01: 684064542024-11-01: 65791703.82024-12-01: 70017288.12025-01-01: 73837152.12025-02-01: 65282648.82025-03-01: 71921519.42025-04-01: 60181416.72025-05-01: 617970462025-06-01: 61428082.62025-07-01: 62071754.12025-08-01: 57971423.22025-09-01: 64443634.32025-10-01: 67863820.82025-11-01: 62926259.92025-12-01: 68279600.62026-01-01: 602608772026-02-01: 613754242026-03-01: 72717736.52026-04-01: 71780780.82026-05-01: 74719601.32026-06-01: 79004700.82026-07-01: 732060882026-08-01: 73826333.8
Source: Statistics Canada, Canadian International Merchandise Trade via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Merchandise Exports

CREDMerchandise Imports
COVID-19 recession350000004000000045000000500000005500000060000000650000007000000075000000201620182020202220242026Thousands of dollars2016-09-01: 47727293.22016-10-01: 450173852016-11-01: 44628217.42016-12-01: 42002135.32017-01-01: 41925800.12017-02-01: 42630213.12017-03-01: 49822152.12017-04-01: 46675849.22017-05-01: 50915595.42017-06-01: 51063876.92017-07-01: 44180612.42017-08-01: 48098619.52017-09-01: 46014837.62017-10-01: 46475782.32017-11-01: 48880040.52017-12-01: 45345818.52018-01-01: 43871749.72018-02-01: 44372393.32018-03-01: 52665306.32018-04-01: 50307908.22018-05-01: 53202525.32018-06-01: 52779877.12018-07-01: 49772177.52018-08-01: 52137281.32018-09-01: 49041742.42018-10-01: 51617336.92018-11-01: 49381908.32018-12-01: 46735469.72019-01-01: 48034786.22019-02-01: 46335386.22019-03-01: 53602289.32019-04-01: 52031108.12019-05-01: 54237496.42019-06-01: 50675984.82019-07-01: 49965448.92019-08-01: 51819051.32019-09-01: 49357831.12019-10-01: 51807910.62019-11-01: 480679212019-12-01: 46027273.42020-01-01: 456486552020-02-01: 45007130.92020-03-01: 49405934.92020-04-01: 36372084.82020-05-01: 34626124.52020-06-01: 43686199.62020-07-01: 46908057.42020-08-01: 47162561.62020-09-01: 48708027.82020-10-01: 507832382020-11-01: 48380199.12020-12-01: 46931751.12021-01-01: 43931939.92021-02-01: 43712050.72021-03-01: 54964344.62021-04-01: 49966706.62021-05-01: 50551783.62021-06-01: 52014220.62021-07-01: 51397876.12021-08-01: 52590146.62021-09-01: 51366831.32021-10-01: 54396521.62021-11-01: 55253479.62021-12-01: 56478794.62022-01-01: 48967623.62022-02-01: 511876772022-03-01: 66015295.62022-04-01: 63048344.42022-05-01: 63984238.22022-06-01: 67037435.42022-07-01: 625176452022-08-01: 67054064.82022-09-01: 65478078.72022-10-01: 66586362.72022-11-01: 63319124.22022-12-01: 59225997.22023-01-01: 58929165.62023-02-01: 572543842023-03-01: 66808543.82023-04-01: 60721645.32023-05-01: 67142168.62023-06-01: 66686086.32023-07-01: 59951842.72023-08-01: 66879753.32023-09-01: 64224706.52023-10-01: 653080562023-11-01: 64026310.12023-12-01: 59184421.42024-01-01: 56260215.72024-02-01: 59849187.12024-03-01: 64759495.12024-04-01: 65600201.22024-05-01: 66191933.12024-06-01: 65213367.22024-07-01: 63940913.72024-08-01: 66693997.22024-09-01: 64567262.42024-10-01: 68163891.52024-11-01: 64208563.12024-12-01: 61845450.22025-01-01: 62929021.92025-02-01: 62196225.72025-03-01: 72459604.92025-04-01: 66409931.92025-05-01: 67667167.52025-06-01: 67519311.42025-07-01: 65724353.22025-08-01: 65648760.12025-09-01: 63725205.42025-10-01: 691688472025-11-01: 63209733.22025-12-01: 622168292026-01-01: 59838845.72026-02-01: 64547509.12026-03-01: 74258642.92026-04-01: 71254389.72026-05-01: 72799124.72026-06-01: 74212453.52026-07-01: 731631432026-08-01: 71736904.2
Source: Statistics Canada, Canadian International Merchandise Trade via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Merchandise Imports

CREDMerchandise Exports to the United States
COVID-19 recession200002500030000350004000045000500005500060000201620182020202220242026Millions of dollars2016-09-01: 33127.22016-10-01: 33146.62016-11-01: 34944.32016-12-01: 33397.72017-01-01: 34893.12017-02-01: 35669.82017-03-01: 34570.72017-04-01: 362052017-05-01: 36222.92017-06-01: 34434.72017-07-01: 33063.22017-08-01: 327812017-09-01: 32109.52017-10-01: 33332.22017-11-01: 35588.72017-12-01: 35313.62018-01-01: 34445.32018-02-01: 35220.32018-03-01: 35591.52018-04-01: 36442.42018-05-01: 36704.22018-06-01: 37969.52018-07-01: 38939.42018-08-01: 37773.92018-09-01: 37239.42018-10-01: 36917.62018-11-01: 35820.92018-12-01: 34783.12019-01-01: 33627.42019-02-01: 35255.92019-03-01: 37644.52019-04-01: 38230.72019-05-01: 39538.52019-06-01: 38110.52019-07-01: 37893.32019-08-01: 37848.22019-09-01: 37640.62019-10-01: 37175.62019-11-01: 35857.22019-12-01: 37255.72020-01-01: 36317.62020-02-01: 37322.82020-03-01: 34552.42020-04-01: 22672.32020-05-01: 23181.92020-06-01: 27972.92020-07-01: 321232020-08-01: 33987.62020-09-01: 340452020-10-01: 34068.12020-11-01: 33432.52020-12-01: 33205.62021-01-01: 37031.52021-02-01: 38043.12021-03-01: 36375.82021-04-01: 363952021-05-01: 36445.72021-06-01: 39544.62021-07-01: 40072.52021-08-01: 40733.12021-09-01: 39572.32021-10-01: 41330.92021-11-01: 45639.42021-12-01: 45002.32022-01-01: 45137.92022-02-01: 460492022-03-01: 49155.72022-04-01: 51636.52022-05-01: 53552.32022-06-01: 53307.52022-07-01: 52388.52022-08-01: 51055.52022-09-01: 50010.62022-10-01: 49863.52022-11-01: 47906.12022-12-01: 49309.42023-01-01: 49937.52023-02-01: 48346.82023-03-01: 48215.82023-04-01: 49942.52023-05-01: 49630.92023-06-01: 47437.32023-07-01: 48523.72023-08-01: 50765.42023-09-01: 50672.92023-10-01: 509702023-11-01: 51621.22023-12-01: 480042024-01-01: 47005.92024-02-01: 48300.32024-03-01: 47409.62024-04-01: 49705.12024-05-01: 49693.22024-06-01: 51048.12024-07-01: 51603.42024-08-01: 48441.82024-09-01: 49930.62024-10-01: 483222024-11-01: 51099.12024-12-01: 53379.82025-01-01: 58460.12025-02-01: 563902025-03-01: 51693.72025-04-01: 43814.82025-05-01: 42248.92025-06-01: 42206.92025-07-01: 45404.12025-08-01: 44298.12025-09-01: 45284.62025-10-01: 43972.62025-11-01: 44156.42025-12-01: 44767.92026-01-01: 41786.22026-02-01: 44809.92026-03-01: 45553.92026-04-01: 50249.82026-05-01: 52395.82026-06-01: 52450.92026-07-01: 49122.52026-08-01: 54458
Source: Statistics Canada, Canadian International Merchandise Trade via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Merchandise Exports to the United States

CREDMerchandise Imports from the United States
COVID-19 recession140001600018000200002200024000260002800030000320003400036000201620182020202220242026Millions of dollars2016-09-01: 23137.72016-10-01: 23223.22016-11-01: 22806.72016-12-01: 22858.72017-01-01: 23860.52017-02-01: 23310.22017-03-01: 23810.92017-04-01: 239992017-05-01: 252482017-06-01: 24694.52017-07-01: 23307.32017-08-01: 23581.42017-09-01: 236612017-10-01: 23199.62017-11-01: 25313.92017-12-01: 24870.82018-01-01: 23818.32018-02-01: 25075.62018-03-01: 26257.42018-04-01: 250142018-05-01: 25712.32018-06-01: 25875.32018-07-01: 25826.92018-08-01: 25063.72018-09-01: 25657.32018-10-01: 25878.32018-11-01: 25376.52018-12-01: 25035.72019-01-01: 253562019-02-01: 25861.52019-03-01: 25881.22019-04-01: 26122.22019-05-01: 26260.82019-06-01: 25142.62019-07-01: 25085.42019-08-01: 25741.42019-09-01: 25351.42019-10-01: 25218.72019-11-01: 24868.52019-12-01: 243772020-01-01: 256622020-02-01: 25572.52020-03-01: 24141.62020-04-01: 151992020-05-01: 15249.52020-06-01: 20102.32020-07-01: 23066.62020-08-01: 233022020-09-01: 23875.92020-10-01: 23033.42020-11-01: 22957.52020-12-01: 23375.92021-01-01: 23484.62021-02-01: 23671.52021-03-01: 250162021-04-01: 23369.32021-05-01: 23274.52021-06-01: 24082.22021-07-01: 26420.52021-08-01: 24846.22021-09-01: 23669.62021-10-01: 26021.82021-11-01: 276762021-12-01: 28304.72022-01-01: 27371.82022-02-01: 26971.62022-03-01: 28617.12022-04-01: 30379.62022-05-01: 30359.92022-06-01: 32097.62022-07-01: 32264.72022-08-01: 31509.12022-09-01: 316982022-10-01: 32395.52022-11-01: 31511.52022-12-01: 31251.82023-01-01: 32193.92023-02-01: 30412.42023-03-01: 30316.12023-04-01: 30617.82023-05-01: 31949.42023-06-01: 31387.92023-07-01: 31259.12023-08-01: 31937.52023-09-01: 31983.62023-10-01: 31171.62023-11-01: 30817.12023-12-01: 31758.82024-01-01: 304992024-02-01: 31180.52024-03-01: 30943.42024-04-01: 32209.42024-05-01: 31711.42024-06-01: 32225.72024-07-01: 31049.52024-08-01: 31627.52024-09-01: 31462.82024-10-01: 30940.52024-11-01: 32646.92024-12-01: 31007.22025-01-01: 33669.92025-02-01: 33544.12025-03-01: 33484.52025-04-01: 27819.22025-05-01: 28943.72025-06-01: 30330.12025-07-01: 29792.42025-08-01: 29200.52025-09-01: 28407.22025-10-01: 298572025-11-01: 28185.92025-12-01: 28557.42026-01-01: 290362026-02-01: 31719.72026-03-01: 31079.72026-04-01: 32230.82026-05-01: 32734.82026-06-01: 33740.92026-07-01: 33252.52026-08-01: 33018.6
Source: Statistics Canada, Canadian International Merchandise Trade via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Merchandise Imports from the United States

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