Canada's international trade in services

In 2005, the services trade deficit increased by $1.0 billion to a record $13.7 billion. Larger deficits in travel and transportation services were at the origin of the highest services deficit.

For 2004, the most recent year with complete detailed information, services were largely in deficit with United States, and, in a lesser measure with Europe and Asia.

Data on international trade in services for 2005 are now available.

Detailed data by country, geographical and economic areas for commercial services, travel, transportation and government services are now available up to 2004. Imports and exports of commercial services by affiliation and by industrial sector based on the North American Industrial Classification System (NAICS) 2002 have also been updated up to 2004.

Note: Trade in services covers transactions in travel, transportation, a range of business and professional services referred to as commercial services, and government services.

Available on CANSIM: tables 376-0031 to 376-0033, 376-0036 and 376-0062.

Definitions, data sources and methods: survey number 1536.

The 2005 issue of Canada's International Trade in Services (67-203-XIE, free) will soon be available.

For more information, or to enquire about the concepts, methods or data quality of this release, contact Denis Caron (613-951-1861; denis.caron@statcan.gc.ca), Balance of Payments Division.