Canada's trade balance in April

Statistics Canada announced the Canada's trade balance in April on 2025-06-05. The reported figure stands at -71.4billion Canadian dollars, against a forecast of -15billion Canadian dollars, with the prior figure recorded as -5.1billion Canadian dollars.

Regarding the Canada's trade balance in April, Actual value > Forecast value = Bullish for the Canadian dollar, The trade balance refers to the difference between a country's total export trade and total import trade over a certain period. When exports exceed imports, it is called a "surplus" or "surplus balance" or "trade surplus"; conversely, it is called a "deficit" or "negative balance" or "trade deficit." Export demand is directly related to currency demand, as foreign customers need to purchase the exporting country's currency to settle goods. 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, enhancing 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 changes in the value of imported and exported goods for the month, and updates monthly. The next release is set for 2025-07-03 20:30:00.

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