Canadian international trade in services, March 2026

Released: 2026-05-05

Canada's monthly international trade in services balance went from a slight surplus of $0.1 billion in February to a slight deficit of $0.1 billion in March. Overall, imports of services increased 1.7% to $20.4 billion, and exports of services were up 0.5% to reach $20.4 billion.

Imports of commercial services were responsible for most of the overall increase in imports for March. Imports of commercial services rose 2.6% to $11.8 billion, mostly driven by higher payments of financial services. Imports of transportation services (+0.8%) and travel services (+0.2%) also contributed to the monthly increase.

Exports of commercial services were up 0.8% to $12.1 billion in March, as exports of financial services increased. Exports of transportation services rose 1.9% to $2.1 billion. Meanwhile, exports of travel services were down 0.5% to $5.9 billion and dampened the overall increase in exports.

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

In March, total exports of goods rose 8.5% to $72.8 billion, while total imports of goods fell 1.6% to $71.0 billion. As a result, the trade in goods balance went from a deficit of $5.1 billion in February to a surplus of $1.8 billion in March. Combined, the trade balance for goods and services amounted to a surplus of $1.7 billion.

Chart 2 
International trade in services, balances

Chart 3 
Contribution to the monthly change in imports, March 2026

Chart 4 
Contribution to the monthly change in exports, March 2026

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).