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CRED

Trade Balance, Balance of payments, All countries, Canada (seasonally adjusted) (quarterly)

(SC_12100127_1001838815)
Observations
Q2 2026: 10700.9
Updated: 2026-11-02, 11:51:42 a.m. ET
Units
Dollars,
Seasonally adjusted
Frequency
Quarterly
Source
Statistics Canada, International Merchandise Trade for all Countries and by Principal Trading Partners
Series ID
SC_12100127_1001838815
Table 12-10-0127-01
CREDTrade Balance, Balance of payments, All countries, Canada (seasonally adjusted) (quarterly)
COVID-19 recessionGlobal Financial Crisis-20000-15000-10000-500005000100001500020000250001997200020032006200920122015201820212026Dollars1997-01-01: 8749.11997-04-01: 6074.11997-07-01: 5283.61997-10-01: 5084.51998-01-01: 4996.31998-04-01: 5041.11998-07-01: 6772.91998-10-01: 6688.31999-01-01: 8903.91999-04-01: 9441.51999-07-01: 12032.51999-10-01: 111382000-01-01: 13985.12000-04-01: 16001.92000-07-01: 17036.22000-10-01: 19386.22001-01-01: 22272.32001-04-01: 18391.92001-07-01: 14937.52001-10-01: 14471.42002-01-01: 15293.42002-04-01: 13524.22002-07-01: 13881.92002-10-01: 13739.82003-01-01: 15295.22003-04-01: 11306.62003-07-01: 14598.12003-10-01: 14357.92004-01-01: 156982004-04-01: 19121.12004-07-01: 16322.82004-10-01: 138362005-01-01: 12356.92005-04-01: 12688.32005-07-01: 163492005-10-01: 20200.52006-01-01: 14514.62006-04-01: 10638.92006-07-01: 11057.72006-10-01: 11857.52007-01-01: 13272.22007-04-01: 14822.82007-07-01: 9104.32007-10-01: 8970.72008-01-01: 12140.12008-04-01: 15804.62008-07-01: 14863.82008-10-01: 1435.82009-01-01: -591.42009-04-01: -19832009-07-01: -3027.12009-10-01: -616.62010-01-01: -664.82010-04-01: -2010.72010-07-01: -6038.22010-10-01: -438.12011-01-01: -157.72011-04-01: -2288.42011-07-01: 1613.92011-10-01: 2022.32012-01-01: -1023.42012-04-01: -4281.92012-07-01: -4975.92012-10-01: -2251.92013-01-01: -1539.52013-04-01: -1192.42013-07-01: -2259.42013-10-01: -2251.42014-01-01: 1449.92014-04-01: 2744.92014-07-01: 3428.22014-10-01: -2046.12015-01-01: -7335.82015-04-01: -5227.32015-07-01: -3854.42015-10-01: -7333.82016-01-01: -77492016-04-01: -10447.12016-07-01: -6991.22016-10-01: 1392017-01-01: -2027.12017-04-01: -6189.82017-07-01: -9040.52017-10-01: -7242.22018-01-01: -7431.32018-04-01: -4201.72018-07-01: -10932018-10-01: -9079.52019-01-01: -9572.62019-04-01: -2686.72019-07-01: -4113.32019-10-01: -2425.32020-01-01: -10307.42020-04-01: -100622020-07-01: -10605.92020-10-01: -96722021-01-01: -193.92021-04-01: -7302021-07-01: 2166.12021-10-01: 2507.52022-01-01: 75862022-04-01: 11419.92022-07-01: 1253.42022-10-01: -540.52023-01-01: 1520.62023-04-01: -5544.12023-07-01: 1356.42023-10-01: 1734.22024-01-01: -1150.22024-04-01: -3081.52024-07-01: -3471.62024-10-01: 529.22025-01-01: 534.32025-04-01: -18327.12025-07-01: -9402.52025-10-01: -4409.12026-01-01: -71912026-04-01: 10700.9
Source: Statistics Canada, International Merchandise Trade for all Countries and by Principal Trading Partners via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Notes

Source: Statistics Canada

Release: International Merchandise Trade for all Countries and by Principal Trading Partners

Units: Dollars, Seasonally adjusted

Frequency: Quarterly

Notes: Trade Balance, Balance of payments, All countries. International merchandise trade for all countries and by Principal Trading Partners, From the International Merchandise Trade for all Countries and by Principal Trading Partners (Statistics Canada), table 12-10-0127-01. Expressed in dollars; published quarterly; seasonally adjusted.

Suggested Citation: Statistics Canada, Trade Balance, Balance of payments, All countries, Canada (seasonally adjusted) (quarterly) SC_12100127_1001838815, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/SC_12100127_1001838815, November 2, 2026.

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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).
cred.nshipyard.com

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).
cred.nshipyard.com

Merchandise Imports

CREDMerchandise Trade Balance
COVID-19 recession-8000000-6000000-4000000-2000000020000004000000600000080000001000000012000000201620182020202220242026Thousands of dollars2016-09-01: -32653802016-10-01: -300149.10000000152016-11-01: 2092504.10000000152016-12-01: 3239820.60000000152017-01-01: 26722232017-02-01: -310522.60000000152017-03-01: -62318.600000001492017-04-01: -1308613.60000000152017-05-01: -821039.69999999552017-06-01: -2989289.39999999852017-07-01: -3204589.7999999972017-08-01: -4519263.89999999852017-09-01: -3071330.2000000032017-10-01: -969703.69999999552017-11-01: -2161928.7000000032017-12-01: 803804.52018-01-01: 1450459.7999999972018-02-01: -20156812018-03-01: -2925199.5999999942018-04-01: -2765940.60000000152018-05-01: -2383506.39999999852018-06-01: -3733292018-07-01: -516031.2000000032018-08-01: -1687843.52018-09-01: -3596232018-10-01: 145704.300000004472018-11-01: -239948.39999999852018-12-01: 79928.199999995532019-01-01: -2458510.9000000062019-02-01: -3828646.52019-03-01: -1967446.7999999972019-04-01: -22657532019-05-01: 1192752.7000000032019-06-01: 323723.400000005962019-07-01: -1129130.69999999552019-08-01: -2429579.7999999972019-09-01: -170968.52019-10-01: -9714862019-11-01: -44042.799999997022019-12-01: 3868933.10000000152020-01-01: 912573.2000000032020-02-01: -5026512020-03-01: -1233348.52020-04-01: -3900327.7999999972020-05-01: -418913.52020-06-01: -2586661.2000000032020-07-01: -3628234.52020-08-01: -3557568.39999999852020-09-01: -2031184.2999999972020-10-01: -32766082020-11-01: -1625017.80000000452020-12-01: 755119.60000000152021-01-01: 3579144.30000000452021-02-01: 1879525.39999999852021-03-01: -1137706.10000000152021-04-01: -1089939.10000000152021-05-01: -591683.89999999852021-06-01: 3278022.10000000152021-07-01: 180048.52021-08-01: 1359326.39999999852021-09-01: 1341449.60000000152021-10-01: 705207.60000000152021-11-01: 3619767.89999999852021-12-01: 1970461.89999999852022-01-01: 5993242.52022-02-01: 3675251.10000000152022-03-01: 2215145.80000000452022-04-01: 728562.2000000032022-05-01: 9186885.8999999912022-06-01: 4647314.39999999852022-07-01: 3679855.7999999972022-08-01: 4751972022-09-01: 814159.0999999942022-10-01: 8573.799999997022022-11-01: 1620814.7999999972022-12-01: 5958778.7999999972023-01-01: 63692902023-02-01: 1441188.39999999852023-03-01: 2243929.9000000062023-04-01: 1110669.80000000452023-05-01: -1014286.89999999112023-06-01: -4687278.89999999852023-07-01: -1202975.60000000152023-08-01: -1909859.0999999942023-09-01: 21682.100000001492023-10-01: 2417972.2000000032023-11-01: 2580095.60000000152023-12-01: 3396302.60000000152024-01-01: 4739040.52024-02-01: 1724002.69999999552024-03-01: -506415.52024-04-01: -978475.52024-05-01: -743951.2000000032024-06-01: 780384.39999999852024-07-01: 2323503.89999999852024-08-01: -4013715.10000000152024-09-01: 237679.89999999852024-10-01: 242562.52024-11-01: 1583140.69999999552024-12-01: 8171837.8999999912025-01-01: 10908130.1999999962025-02-01: 3086423.0999999942025-03-01: -538085.52025-04-01: -6228515.19999999552025-05-01: -5870121.52025-06-01: -6091228.80000000452025-07-01: -3652599.10000000152025-08-01: -7677336.89999999852025-09-01: 718428.89999999852025-10-01: -1305026.2000000032025-11-01: -283473.300000004472025-12-01: 6062771.5999999942026-01-01: 422031.2999999972026-02-01: -3172085.10000000152026-03-01: -1540906.4000000062026-04-01: 526391.0999999942026-05-01: 1920476.5999999942026-06-01: 4792247.2999999972026-07-01: 429452026-08-01: 2089429.599999994
Source: Statistics Canada, Canadian International Merchandise Trade via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Merchandise Trade Balance

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).
cred.nshipyard.com

Merchandise Exports to the United States

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