Canadian international trade in services, July 2025

Released: 2025-09-04

Canada's monthly international trade in services balance went from a deficit of $0.2 billion in June to a surplus of $0.5 billion in July. Overall, exports of services were up 2.6% to $18.7 billion, and imports of services declined 1.3% to $18.2 billion.

In July, exports of travel services increased 4.0% to $5.5 billion, driven by increased spending by United States-resident travellers in Canada. Exports of commercial services rose 1.8% to $11.2 billion, led by an increase in non-financial services exports. Exports of transportation services were up 2.9% to $1.9 billion.

Imports of commercial services decreased 2.2% to $10.4 billion in July, as imports of financial services declined following a large increase in June. Imports of transportation services were down 1.9% to $3.2 billion in July, while imports of travel services increased 1.2% to $4.5 billion.

To explore the most recent results of Canada's international trade in services in an interactive format, see the International trade monthly interactive dashboard.

Chart 1 
International trade in services

Total imports of goods decreased 0.7% to $66.8 billion in July and total exports of goods increased 0.9% to $61.9 billion. This resulted in the goods trade deficit narrowing from $6.0 billion in June to $4.9 billion in July. Combined, the trade balance for goods and services amounted to a deficit of $4.4 billion in July, down from a deficit of $6.2 billion in June.

Chart 2 
International trade in services, balances

Chart 3 
Contribution to the monthly change in exports, July 2025

Chart 4 
Contribution to the monthly change in imports, July 2025

Products

The updated Canada and the World Statistics Hub (Catalogue number13-609-X) is available online. This product illustrates the nature and extent of Canada's economic and financial relationship with the world using interactive charts and tables. It provides easy access to information on trade, investment, employment and travel between Canada and a number of countries, including the United States, Mexico, China, Japan, Belgium, Italy, the Netherlands and Spain.

The product "Canada's international trade and investment country fact sheet" (Catalogue number71-607-X) is also available.

The Methodological Guide: Canadian System of Macroeconomic Accounts (Catalogue number13-607-X) is available.

The User Guide: Canadian System of Macroeconomic Accounts (Catalogue number13-606-G) is also available. This publication will be updated to maintain its relevance.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).