Statistics Canada announced the Canada's Trade Balance for July on 2025-09-04. with the prior figure recorded as -58.6billion Canadian dollars.
Regarding the Canada's Trade Balance for July, Actual value > Forecast value = Positive for the Canadian dollar, The trade balance refers to the difference between a country's total exports and total imports over a certain period. When exports exceed imports, it is called a "surplus" or "excess"; conversely, it is called a "deficit" or "negative balance". Export demand is directly related to currency demand, as foreign customers need to purchase the exporting country's currency to settle goods, and export demand also affects domestic manufacturing output and prices. If the balance is positive (surplus), it indicates an increase in the country's net foreign wealth or net foreign investment, strengthening the economy. If it is negative (deficit), it indicates a decrease in the country's net foreign wealth or investment, weakening the economy.
This data holds an importance level of , calculated using Report the changes in the value of imported and exported goods for the month, and updates Monthly. The next release is set for 2025-10-07 20:30:00.
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1H | 24H | 7D | 30D | 1Y |
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0.0045% | 8.71% | 8.86% | 24.81% | 78.5% |