Canadian international trade in services, May 2026

Released: 2026-07-07

Canada's international imports of services increased 2.0% to $21.2 billion in May, and its exports of services increased 0.9% to $20.8 billion. As a result, Canada's monthly international trade in services deficit widened from $0.2 billion in April to $0.5 billion in May.

The increase in services imports in May was driven by transportation services imports, which rose 5.1% to reach $4.1 billion, as services related to the marine transportation of goods rose. Commercial services imports (+1.0%) and travel services imports (+1.9%) also increased in the month.

In May, exports of commercial services reached $12.6 billion and led the overall increase in exports of services. To a lesser extent, transportation services exports (+2.1%) and travel services exports (+0.3%) also contributed to the 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 May, total exports of goods rose 0.9% to $77.1 billion, and total imports of goods declined 0.2% to $72.9 billion. As a result, the trade in goods surplus increased from $3.4 billion in April to $4.2 billion in May. Combined, the trade balance for goods and services amounted to a surplus of $3.8 billion.

Chart 2 
International trade in services, balances

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

Chart 4 
Contribution to the monthly change in exports, May 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).