Latest Canadian trade balance data for September - 4 November 2020

  • Prior -$2.45 billion
  • Exports $45.5 billion
  • Imports $48.8 billion
  • Exports +1.5%
  • Imports +1.5%

Much like most countries, the bright spot is that trade conditions are improving since bottoming in Q2 amid the pandemic. That said, Canadian exports are still $2.8 billion short of pre-virus levels with imports around $1.2 billion lower than in February.