Net trade in goods in Canada

Canada: Net trade in goods was -22.68 billion BoP, current US$ in 2025. ◆ Volatile

Latest (2025)
-22.68 billion BoP, current US$
Change on year
down 329.9%
World rank
185th
of 200 countries
All-time high
50.58 billion BoP, current US$
in 2005
All-time low
-30.28 billion BoP, current US$
in 2020
Years of data
66
1960–2025

Net trade in goods in Canada, 1960–2025

-40.0B-20.0B020.0B40.0B60.0B196019922025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.

Analysis

Canada recorded -22.68 billion BoP, current US$ for net trade in goods in 2025.

That represents a change of down 329.9% on the previous year and down 21.8% over ten years.

Over the whole period, net trade in goods in Canada peaked at 50.58 billion BoP, current US$ in 2005 and was at its lowest, -30.28 billion BoP, current US$, in 2020.

That places Canada 185th out of 200 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Net trade in goods in Canada, year by year

Annual values for Net trade in goods (BoP, current US$) in Canada, 1960 to 2025.
Year BoP, current US$ Change
1960 -119.90 million BoP, current US$
1961 285.68 million BoP, current US$ -338.3%
1962 285.14 million BoP, current US$ -0.2%
1963 617.98 million BoP, current US$ +116.7%
1964 934.33 million BoP, current US$ +51.2%
1965 306.00 million BoP, current US$ -67.2%
1966 389.04 million BoP, current US$ +27.1%
1967 665.72 million BoP, current US$ +71.1%
1968 1.39 billion BoP, current US$ +109.5%
1969 875.84 million BoP, current US$ -37.2%
1970 3.05 billion BoP, current US$ +248.3%
1971 2.55 billion BoP, current US$ -16.5%
1972 2.13 billion BoP, current US$ -16.3%
1973 3.14 billion BoP, current US$ +47.4%
1974 1.76 billion BoP, current US$ -44.0%
1975 -591.20 million BoP, current US$ -133.6%
1976 1.55 billion BoP, current US$ -362.6%
1977 2.89 billion BoP, current US$ +86.3%
1978 4.07 billion BoP, current US$ +40.6%
1979 3.92 billion BoP, current US$ -3.6%
1980 7.94 billion BoP, current US$ +102.5%
1981 5.44 billion BoP, current US$ -31.4%
1982 15.07 billion BoP, current US$ +176.8%
1983 14.16 billion BoP, current US$ -6.0%
1984 15.56 billion BoP, current US$ +9.9%
1985 11.84 billion BoP, current US$ -24.0%
1986 7.12 billion BoP, current US$ -39.9%
1987 9.07 billion BoP, current US$ +27.4%
1988 8.63 billion BoP, current US$ -4.8%
1989 6.45 billion BoP, current US$ -25.3%
1990 9.44 billion BoP, current US$ +46.3%
1991 6.00 billion BoP, current US$ -36.4%
1992 7.23 billion BoP, current US$ +20.6%
1993 10.03 billion BoP, current US$ +38.7%
1994 14.65 billion BoP, current US$ +46.0%
1995 25.64 billion BoP, current US$ +75.1%
1996 30.74 billion BoP, current US$ +19.9%
1997 18.15 billion BoP, current US$ -41.0%
1998 15.54 billion BoP, current US$ -14.4%
1999 27.75 billion BoP, current US$ +78.5%
2000 44.40 billion BoP, current US$ +60.0%
2001 44.98 billion BoP, current US$ +1.3%
2002 35.55 billion BoP, current US$ -21.0%
2003 39.24 billion BoP, current US$ +10.4%
2004 49.34 billion BoP, current US$ +25.7%
2005 50.58 billion BoP, current US$ +2.5%
2006 41.77 billion BoP, current US$ -17.4%
2007 42.05 billion BoP, current US$ +0.7%
2008 42.58 billion BoP, current US$ +1.3%
2009 -6.15 billion BoP, current US$ -114.5%
2010 -9.37 billion BoP, current US$ +52.2%
2011 399.53 million BoP, current US$ -104.3%
2012 -12.53 billion BoP, current US$ -3237.1%
2013 -6.99 billion BoP, current US$ -44.3%
2014 5.08 billion BoP, current US$ -172.8%
2015 -18.62 billion BoP, current US$ -466.2%
2016 -19.17 billion BoP, current US$ +3.0%
2017 -19.08 billion BoP, current US$ -0.5%
2018 -16.84 billion BoP, current US$ -11.8%
2019 -14.17 billion BoP, current US$ -15.9%
2020 -30.28 billion BoP, current US$ +113.7%
2021 2.95 billion BoP, current US$ -109.8%
2022 15.54 billion BoP, current US$ +426.0%
2023 -780.58 million BoP, current US$ -105.0%
2024 -5.28 billion BoP, current US$ +575.9%
2025 -22.68 billion BoP, current US$ +329.9%

Canada compared with similar countries

  • Canada's -22.68 billion BoP, current US$ is below the median for high income countries, which is -743.67 million BoP, current US$, 30.5× the median. (72 countries reporting)

Biggest year-on-year movements

Years where Net trade in goods 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.

YearChange FromTo
2012 -3237.1% 399.53 million BoP, current US$ -12.53 billion BoP, current US$
2024 -575.9% -780.58 million BoP, current US$ -5.28 billion BoP, current US$
2015 -466.2% 5.08 billion BoP, current US$ -18.62 billion BoP, current US$
2022 +426.0% 2.95 billion BoP, current US$ 15.54 billion BoP, current US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 563.47 million BoP, current US$ -119.90 million BoP, current US$ 1.39 billion BoP, current US$ 10
1970s 2.45 billion BoP, current US$ -591.20 million BoP, current US$ 4.07 billion BoP, current US$ 10
1980s 10.13 billion BoP, current US$ 5.44 billion BoP, current US$ 15.56 billion BoP, current US$ 10
1990s 16.52 billion BoP, current US$ 6.00 billion BoP, current US$ 30.74 billion BoP, current US$ 10
2000s 38.43 billion BoP, current US$ -6.15 billion BoP, current US$ 50.58 billion BoP, current US$ 10
2010s -11.13 billion BoP, current US$ -19.17 billion BoP, current US$ 5.08 billion BoP, current US$ 10
2020s -6.75 billion BoP, current US$ -30.28 billion BoP, current US$ 15.54 billion BoP, current US$ 6

Countries ranked near Canada

  1. 182 Guatemala -15.81 billion BoP, current US$ compare
  2. 183 Croatia -20.54 billion BoP, current US$ compare
  3. 184 Bangladesh -22.22 billion BoP, current US$ compare
  4. 186 Israel -26.10 billion BoP, current US$ compare
  5. 187 Portugal -27.64 billion BoP, current US$ compare
  6. 188 Pakistan -31.09 billion BoP, current US$ compare

See the full ranking of 201 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is net trade in goods in Canada?
Net trade in goods in Canada was -22.68 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 recorded in Canada?
The highest recorded value was 50.58 billion BoP, current US$ in 2005.
What is the lowest net trade in goods recorded in Canada?
The lowest recorded value was -30.28 billion BoP, current US$ in 2020.
How does Canada rank for net trade in goods?
Canada ranks 185th out of 200 countries with data for 2025.
Is net trade in goods rising or falling in Canada?
Over the last ten years it is down 21.8%. 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 (BoP, current US$). Statizoid updates them automatically from the source API.

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Net trade in goods in Canada. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/net-trade-in-goods-bop-current-us/canada/

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About this data

Indicator
Net trade in goods (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
201 places, 7,829 data points, 1960–2025
Last refreshed

The balance of international trade in goods is the difference between the exports and imports of goods. 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.