Canadian international trade in services, April 2025

Canada's monthly international trade in services deficit narrowed to $0.3 billion in April from $0.5 billion in March. Overall, imports of services declined 1.1% to $18.3 billion in April, and exports of services were down 0.5% to $17.9 billion.

Imports of travel services fell 4.1% to $4.6 billion in April. As with March, this decline was due to lower spending by Canadian-resident travellers in the United States. Imports of commercial services were down 0.4% to $10.4 billion in April, while imports of transportation services rose 1.3% to $3.1 billion.

Exports of travel services declined 3.7% to $5.2 billion in April, on lower spending in Canada by both US and overseas travellers. Partially offsetting this decrease, exports of commercial services rose 0.7% to $10.7 billion, led by financial services related to increased financial market activity in April.

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 exports of goods fell 10.8% to $60.4 billion in April and total imports of goods declined 3.5% to $67.6 billion. This resulted in the goods trade deficit increasing from $2.3 billion in March to $7.1 billion in April. Combined, the trade balance for goods and services amounted to a deficit of $7.5 billion in April.