Net trade in goods and services in Canada
Canada: Net trade in goods and services was -19.99 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
-19.99 billion BoP, current US$
Change on year
down 368.8%
World rank
190th
of 200 countries
All-time high
45.68 billion BoP, current US$
in 2005
All-time low
-38.58 billion BoP, current US$
in 2015
Years of data
66
1960–2025
Net trade in goods and services in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Canada is -19.99 billion BoP, current US$, measured in 2025.
That represents a change of down 368.8% on the previous year and up 48.2% over ten years.
Over the whole period, net trade in goods and services in Canada peaked at 45.68 billion BoP, current US$ in 2005 and was at its lowest, -38.58 billion BoP, current US$, in 2015.
Canada ranks 190th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Canada, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | -506.96 million BoP, current US$ | — |
| 1961 | -212.12 million BoP, current US$ | -58.2% |
| 1962 | -95.38 million BoP, current US$ | -55.0% |
| 1963 | 309.28 million BoP, current US$ | -424.2% |
| 1964 | 563.63 million BoP, current US$ | +82.2% |
| 1965 | -72.91 million BoP, current US$ | -112.9% |
| 1966 | 14.75 million BoP, current US$ | -120.2% |
| 1967 | 659.24 million BoP, current US$ | +4370.6% |
| 1968 | 863.48 million BoP, current US$ | +31.0% |
| 1969 | 91.58 million BoP, current US$ | -89.4% |
| 1970 | 2.23 billion BoP, current US$ | +2330.0% |
| 1971 | 1.60 billion BoP, current US$ | -28.1% |
| 1972 | 998.72 million BoP, current US$ | -37.6% |
| 1973 | 1.80 billion BoP, current US$ | +80.1% |
| 1974 | 188.81 million BoP, current US$ | -89.5% |
| 1975 | -3.08 billion BoP, current US$ | -1729.1% |
| 1976 | -1.52 billion BoP, current US$ | -50.7% |
| 1977 | -510.40 million BoP, current US$ | -66.3% |
| 1978 | 666.68 million BoP, current US$ | -230.6% |
| 1979 | 1.18 billion BoP, current US$ | +77.6% |
| 1980 | 4.72 billion BoP, current US$ | +298.3% |
| 1981 | 2.36 billion BoP, current US$ | -49.9% |
| 1982 | 12.13 billion BoP, current US$ | +413.7% |
| 1983 | 11.08 billion BoP, current US$ | -8.6% |
| 1984 | 12.38 billion BoP, current US$ | +11.7% |
| 1985 | 8.48 billion BoP, current US$ | -31.5% |
| 1986 | 3.70 billion BoP, current US$ | -56.4% |
| 1987 | 5.20 billion BoP, current US$ | +40.6% |
| 1988 | 4.08 billion BoP, current US$ | -21.6% |
| 1989 | 363.56 million BoP, current US$ | -91.1% |
| 1990 | 1.12 billion BoP, current US$ | +207.0% |
| 1991 | -3.20 billion BoP, current US$ | -387.2% |
| 1992 | -2.26 billion BoP, current US$ | -29.4% |
| 1993 | 63.21 million BoP, current US$ | -102.8% |
| 1994 | 6.65 billion BoP, current US$ | +10417.5% |
| 1995 | 18.90 billion BoP, current US$ | +184.4% |
| 1996 | 24.63 billion BoP, current US$ | +30.3% |
| 1997 | 12.43 billion BoP, current US$ | -49.5% |
| 1998 | 12.05 billion BoP, current US$ | -3.1% |
| 1999 | 24.10 billion BoP, current US$ | +100.0% |
| 2000 | 41.60 billion BoP, current US$ | +72.7% |
| 2001 | 41.82 billion BoP, current US$ | +0.5% |
| 2002 | 32.84 billion BoP, current US$ | -21.5% |
| 2003 | 34.07 billion BoP, current US$ | +3.8% |
| 2004 | 44.85 billion BoP, current US$ | +31.6% |
| 2005 | 45.68 billion BoP, current US$ | +1.9% |
| 2006 | 35.20 billion BoP, current US$ | -22.9% |
| 2007 | 30.61 billion BoP, current US$ | -13.0% |
| 2008 | 28.14 billion BoP, current US$ | -8.1% |
| 2009 | -20.29 billion BoP, current US$ | -172.1% |
| 2010 | -30.88 billion BoP, current US$ | +52.1% |
| 2011 | -21.68 billion BoP, current US$ | -29.8% |
| 2012 | -34.52 billion BoP, current US$ | +59.2% |
| 2013 | -28.98 billion BoP, current US$ | -16.0% |
| 2014 | -16.32 billion BoP, current US$ | -43.7% |
| 2015 | -38.58 billion BoP, current US$ | +136.4% |
| 2016 | -36.24 billion BoP, current US$ | -6.1% |
| 2017 | -36.24 billion BoP, current US$ | -0.0% |
| 2018 | -33.73 billion BoP, current US$ | -6.9% |
| 2019 | -25.54 billion BoP, current US$ | -24.3% |
| 2020 | -36.50 billion BoP, current US$ | +42.9% |
| 2021 | 2.03 billion BoP, current US$ | -105.6% |
| 2022 | 11.05 billion BoP, current US$ | +445.1% |
| 2023 | 2.29 billion BoP, current US$ | -79.3% |
| 2024 | -4.26 billion BoP, current US$ | -286.1% |
| 2025 | -19.99 billion BoP, current US$ | +368.8% |
Canada compared with similar countries
- Canada's -19.99 billion BoP, current US$ is below the median for high income countries, which is 2.86 billion BoP, current US$. (72 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Canada changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +10417.5% | 63.21 million BoP, current US$ | 6.65 billion BoP, current US$ |
| 1967 | +4370.6% | 14.75 million BoP, current US$ | 659.24 million BoP, current US$ |
| 1970 | +2330.0% | 91.58 million BoP, current US$ | 2.23 billion BoP, current US$ |
| 1975 | -1729.1% | 188.81 million BoP, current US$ | -3.08 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 161.46 million BoP, current US$ | -506.96 million BoP, current US$ | 863.48 million BoP, current US$ | 10 |
| 1970s | 355.96 million BoP, current US$ | -3.08 billion BoP, current US$ | 2.23 billion BoP, current US$ | 10 |
| 1980s | 6.45 billion BoP, current US$ | 363.56 million BoP, current US$ | 12.38 billion BoP, current US$ | 10 |
| 1990s | 9.45 billion BoP, current US$ | -3.20 billion BoP, current US$ | 24.63 billion BoP, current US$ | 10 |
| 2000s | 31.45 billion BoP, current US$ | -20.29 billion BoP, current US$ | 45.68 billion BoP, current US$ | 10 |
| 2010s | -30.27 billion BoP, current US$ | -38.58 billion BoP, current US$ | -16.32 billion BoP, current US$ | 10 |
| 2020s | -7.56 billion BoP, current US$ | -36.50 billion BoP, current US$ | 11.05 billion BoP, current US$ | 6 |
Countries ranked near Canada
- 187 Morocco -16.51 billion BoP, current US$ compare
- 188 Guatemala -17.60 billion BoP, current US$ compare
- 189 Uzbekistan -19.88 billion BoP, current US$ compare
- 191 Romania -22.55 billion BoP, current US$ compare
- 192 Japan -26.84 billion BoP, current US$ compare
- 193 Bangladesh -28.48 billion BoP, current US$ compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Canada?
- Net trade in goods and services in Canada was -19.99 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Canada?
- The highest recorded value was 45.68 billion BoP, current US$ in 2005.
- What is the lowest net trade in goods and services recorded in Canada?
- The lowest recorded value was -38.58 billion BoP, current US$ in 2015.
- How does Canada rank for net trade in goods and services?
- Canada ranks 190th out of 200 countries with data for 2025.
- Is net trade in goods and services rising or falling in Canada?
- Over the last ten years it is up 48.2%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.