International merchandise trade for all countries and by Principal Trading Partners, monthly — AI AnalysisCanada's international merchandise trade has grown substantially over nearly three decades, with exports reaching $60,569.3M CAD and imports at $59,688.3M CAD in January 2026, reflecting a near-balanced trade position. The United States dominates bilateral trade, averaging $32,478M in monthly exportKey Findings

Canada's monthly merchandise trade reached near-parity in January 2026, with exports at $60,569.3M CAD slightly exceeding imports at $59,688.3M CAD.

The United States is Canada's dominant trading partner by a wide margin, with average monthly exports of $32,478M and imports of $24,111M — more than 7x the next largest bilateral partner.

Trade values are heavily right-skewed across 91,089 records, with a mean of $2,570M but a median of only $194.9M and a standard deviation of $8,836.4M, driven by large-volume flows with major partners.

The middle 50% of all trade values fall between just $72.6M and $552.5M CAD, indicating that most trading relationships are relatively modest in scale compared to top-tier partners.

6,626 negative values exist in the dataset, all representing Trade Balance entries, with Canada running a slight median trade deficit of -$57.0M across all partners and months.

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