Canadian international merchandise trade: Annual review 2022

May 12, 2023

In 2022, the value of Canada's annual merchandise exports increased 22.5% to $779.2 billion, while the value of annual imports rose 19.9% to $757.4 billion. As a result, Canada's merchandise trade surplus with the world widened from $4.6 billion in 2021 to $21.8 billion in 2022. Compared with the value of total trade (imports and exports combined, totalling $1.54 trillion), the trade surplus represented about 0.01% of the total trade value in 2022.

To explore Canada's international merchandise trade statistics for 2022 in an interactive format, see "The International Trade Explorer" and the "International trade monthly interactive dashboard".

This is an excerpt from the 09 May 2023 edition of The Daily from Statistics Canada.

Topic(s)

International Trade and Border Management

Information source

Statistics Canada

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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