Canada's international trade in services, 2013
Archived Content
Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.
Released: 2014-10-01
The deficit on international transactions in services edged up $0.3 billion to $23.0 billion in 2013. This change reflected a higher deficit of the international travel and transportation accounts, moderated by an increased surplus on commercial services.
International transactions in services by category
The deficit on international travel was up by $0.3 billion to a record $18.0 billion in 2013, as payments advanced more than receipts during the year. Canadians increased their spending during their travels in the United States by $0.8 billion in 2013.
The transportation services deficit edged up $0.1 billion to $9.8 billion in 2013. Payments for water transport were up $0.2 billion. This was marginally offset by higher receipts in land and other transport.
The surplus on commercial services advanced $0.1 billion to $4.5 billion in 2013. Exports increased by $1.7 billion, led by gains in the financial services and management services categories. Imports were up by $1.6 billion, mostly on higher payments for management services and for architectural, engineering and other technical services.
International transactions in services by geographical allocation
On a geographical basis, the overall deficit on international transactions in services with the United States expanded $1.2 billion to $14.9 billion in 2013. This was mainly reflected in higher payments.
The deficit with European countries edged up $0.2 billion to $5.1 billion. This reflected a lower negative balance with the United Kingdom, which was more than offset by a larger deficit with the other countries, in particular France, Germany, Ireland and the Netherlands.
The deficit with Asian countries fell $0.5 billion to $2.2 billion, led by China and Japan. This, along with a larger surplus with the African continent, moderated the increase in the overall trade in services during the year.
Note to readers
This is the annual release of Canada's detailed international transactions in services. This release contains country and service categories details for international transactions in services. Trade in services covers transactions in travel, transportation, a range of business and professional services referred to as commercial services, as well as government services.
The 2012 reference year results presented in this release are drawn from annual benchmark surveys while results for the reference year 2013 are preliminary and derived from a combination of the latest 2012 benchmark surveys and 2013 quarterly surveys.
Contact information
For more information, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca).
To enquire about the concepts, methods or data quality of this release, contact Denis Caron (613-951-1861; denis.caron@statcan.gc.ca), International Accounts and Statistics Division.
- Date modified: