Canada vs Mexico: External balance on goods and services
Canada
-0.8%
in 2025
Mexico
-0.6%
in 2025
Canada rank
85th
Mexico rank
84th
External balance on goods and services over time
- Canada
- Mexico
How they compare
Mexico currently reports -0.6% against -0.8% in Canada, a difference of 0.2%.
The two have swapped places 13 times across 65 shared years of data; in 1961 it was Canada ahead.
Canada ranks 85th and Mexico ranks 84th of 193 countries.
Across the 7 decades both report, Canada averaged higher in 5 and Mexico in 2.
Head to head by decade
| Decade | Canada | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.2% | -1.9% | 2.1% | Canada |
| 1970s | 0.3% | -1.3% | 1.5% | Canada |
| 1980s | 1.8% | 3.2% | 1.5% | Mexico |
| 1990s | 1.5% | -1.5% | 3.0% | Canada |
| 2000s | 3.3% | -1.6% | 5.0% | Canada |
| 2010s | -1.8% | -1.5% | 0.3% | Mexico |
| 2020s | -0.4% | -1.0% | 0.6% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Canada or Mexico?
- Mexico, at -0.6% against -0.8% in Canada as of 2025.
- What is the difference in external balance on goods and services between Canada and Mexico?
- 0.2%, with Mexico ahead.
- How many years of comparable data are there for Canada and Mexico?
- 65 years are reported by both, from 1961 to 2025.
- How do Canada and Mexico rank globally for external balance on goods and services?
- Canada ranks 85th and Mexico ranks 84th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.