|Medium||$-3.186 B||$-1.242 B||
Canada Trade Balance measures a change between exports and imports, in US dollars.
If exports exceed imports, a trade surplus is formed. It is seen as positive, because Canada has a commodity-dependent economy.
The chart of the entire available history of the "Canada Trade Balance" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.