Canada's trade balance for June

Statistics Canada announced the Canada's trade balance for June on 2025-08-05. with the prior figure recorded as -58.6billion Canadian dollars.

Regarding the Canada's trade balance for June, Actual value > Forecast value = Bullish for CAD, The trade balance refers to the difference between a country's total export trade and total import trade over a certain period. If exports exceed imports, it is called a "surplus" or "profit" or "trade surplus"; conversely, it is called a "deficit" or "shortfall" or "trade deficit." Export demand is directly related to currency demand, as foreign customers need to purchase the exporting country's currency to settle the goods. Export demand also affects domestic manufacturing output and prices. If the balance is a positive number (surplus), it indicates an increase in the country's net foreign wealth or net foreign investment, enhancing the economy. If it is a negative number (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.

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