Forecaster Charts & Tables

Foreign Trade

Improving export sales propel construction in resource development and manufacturing plant expansions.

View Economic News

Canada’s Key Export Product Sales by Province

B.C. has been showing the most export sales improvement among all provinces, with forestry products (+56.4% ytd) especially bullish.

Jan-Apr 2021 vs Jan-Apr 2020.

Data source: Statistics Canada Table 12-10-0119-01/Chart: ConstructConnect — CanaData.

Geographic Sources of Total U.S. Foreign Trade Deficit in Goods

*Other major contributors to deficit are Italy, Taiwan and South Korea.

Data source: U.S. Census Bueau and Bureau of Economic Analysis (BEA)/Chart: ConstructConnect — CanaData.

U.S. Goods Trade Deficit with Major Countries and Areas

In March 2021, the per cent total of the U.S. goods trade deficit with Canada was 2.2%.

*Indonesia rejoined OPEC Jan 1, 2016, but soon had its membership frozen for not going along with production cuts. / Qatar left OPEC, effective Jan 1, 2019.
If the ‘annualized figure’ is positive and not negative, then the U.S. is running a surplus with that nation in the period — and therefore the ‘% of total’ is not applicable (n/a).
The five major foreign suppliers of crude oil to the United States currently are Canada, Saudi Arabia, Mexico, Colombia and Iraq.

Data source: U.S. Census Bureau, not seasonally adjusted (NSA) current dollar monthly figures.
Table: ConstructConnect — CanaData.

Canada’s Foreign Trade by Major Goods and Commodities

In April 2021, the month-over-month per cent change in Canada's foreign trade for consumer goods, compared to March 2021, was -22.8%.

N/A or “not applicable” is when the signs don’t match or the percent change is too high.
An explanation of the percent change when both the before and after numbers are negative: when a negative becomes more negative, that’s a plus (i.e., a greater deficit.) When a negative become less negative, that’s a minus (i.e., a smaller deficit).

Data source: Statistics Canada Table 12-10-0121-01 (seasonally adjusted current dollar monthly figures).
Table: ConstructConnect — CanaData.

U.S. Foreign Trade: Goods & Services Balance

In Apr 2021, the U.S. trade deficit was -8.2% m/m, but +30.1% y/y (i.e., worse than in April 2020 by almost a third).

The last data point is for April 2021.
Based on seasonally adjusted monthly figures, projected at an annual rate.

Data source: Bureau of Economic Analysis (BEA) / Chart: ConstructConnect – CanaData.

Canada's Foreign Trade: The Merchandise Trade Balance

In April 2021, a surplus was recorded for the 3rd time in 4 months, +$7.1 billion CAD.

The last data point is for April 2021.
Based on seasonally adjusted monthly figures, projected at an annual rate.

Data source: Statistics Canada / Chart: ConstructConnect – CanaData.