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Canada - Trade Balance 1979

External balance on goods and services · World Bank
$1.0B +$545.0M from 1978 Global rank: 90th

Canada's trade balance was $1.0B in 1979, increased +$545.0M from $476.9M in 1978. This was the 90th highest globally.

Global Ranking - 1979▾
Trade Balance by Country - 1979
RankCountryValueYoY
1st Germany $-31.6B -122.4%
2nd United States $-22.5B 11.1%
3rd Japan $-10.2B -163.0%
4th Korea $-4.9B -118.9%
5th Brazil $-4.6B -93.4%
6th Ireland $-3.0B -97.4%
7th Egypt, Arab Republic of $-3.0B -42.9%
8th Israel $-2.9B -16.5%
9th Türkiye $-2.4B -15.3%
10th Greece $-2.4B -6.7%
11th Cuba $-2.3B -10.2%
12th Portugal $-2.2B 1.6%
13th India $-2.2B -478.6%
14th Pakistan $-2.1B -31.5%
15th Morocco $-2.0B -12.8%
16th Belgium $-2.0B -151.5%
17th Thailand $-1.8B -81.4%
18th Jordan $-1.7B -41.0%
19th Mexico $-1.7B -190.7%
20th Denmark $-1.7B -25.3%
21st Syrian Arab Republic $-1.7B -10.2%
22nd China $-1.6B -7.7%
23rd Bangladesh $-1.5B -14.4%
24th Australia $-1.4B -23.6%
25th Puerto Rico (US) $-1.4B 24.3%
26th Austria $-1.2B -28.9%
27th Spain $-885.9M -1,227.9%
28th Sudan $-791.3M -33.5%
29th Chile $-745.8M -21.5%
30th Sweden $-592.1M -142.8%
31st Algeria $-570.9M 85.2%
32nd Madagascar $-547.7M -197.0%
33rd Dominican Republic $-535.6M -4.6%
34th Singapore $-525.8M -87.8%
35th Panama $-517.3M -105.3%
36th Senegal $-495.0M -4.6%
37th Cameroon $-424.0M -103.6%
38th Costa Rica $-414.5M -49.9%
39th Sri Lanka $-405.2M -210.5%
40th Burkina Faso $-367.8M -22.9%
41st Kenya $-365.2M 29.4%
42nd Togo $-345.6M 0.6%
43rd New Zealand $-321.5M -333.1%
44th Uruguay $-311.2M -174.7%
45th Guatemala $-310.8M 11.5%
46th Somalia, Fed. Rep. $-302.4M -76.9%
47th Lesotho $-294.5M -50.7%
48th Côte d'Ivoire $-279.7M -287.2%
49th Cyprus $-246.0M -23.9%
50th Mali $-243.0M -9.0%
51st Benin $-231.4M -38.2%
52nd Tunisia $-214.8M 53.7%
53rd Paraguay $-187.8M -98.6%
54th Niger $-175.7M -86.9%
55th Chad $-169.3M -31.7%
56th Mauritania $-142.7M 3.3%
57th Bolivia, Plurinational State of $-142.4M 49.6%
58th Mauritius $-142.4M -13.7%
59th Guinea-Bissau $-105.6M -16.9%
60th Botswana $-91.2M 6.1%
61st Central African Republic $-89.0M -39.3%
62nd Sierra Leone $-79.7M -98.1%
63rd Nepal $-77.4M 1.5%
64th Seychelles $-62.6M -46.6%
65th Gambia, The $-58.6M -30.1%
66th Faroe Islands $-55.1M -43.8%
67th Malta $-52.4M 5.4%
68th Guyana $-50.0M -62,350.0%
69th Zimbabwe $-44.6M -150.3%
70th Ecuador $-37.3M 91.8%
71st Tonga $-19.5M -20.2%
72nd Rwanda $-18.9M 76.8%
73rd Honduras $-15.5M 46.9%
74th Congo, Republic of $-14.6M 90.4%
75th El Salvador $-5.9M 98.0%
76th Papua New Guinea $-2.5M 96.3%
77th Kiribati $720,960 -81.7%
78th Ghana $2.8M 105.9%
79th Iceland $29.4M -58.4%
80th Uganda $40.0M 131.7%
81st Bahamas, The $98.8M -21.6%
82nd Argentina $125.4M -95.1%
83rd Nicaragua $217.8M 223.9%
84th Hong Kong SAR, China $291.2M 56.8%
85th Finland $464.1M -58.6%
86th Colombia $494.9M -24.8%
87th Luxembourg $572.7M 64.4%
88th Gabon $638.9M 80.2%
89th Oman $759.7M 189.0%
90th Canada $1.0B 114.3%
91st Norway $1.1B 1,542.1%
92nd Peru $1.3B 1,542.7%
93rd Switzerland $1.5B -69.6%
94th Malaysia $1.9B 106.8%
95th Brunei Darussalam $2.3B 45.1%
96th United Kingdom $3.0B -46.1%
97th Indonesia $3.3B 534.5%
98th Netherlands $3.4B 11.8%
99th Italy $4.2B -36.6%
100th France $4.8B -33.5%
101st South Africa $5.3B 73.5%
102nd Iran, Islamic Republic of $9.7B 887.3%
103rd Iraq $11.8B 99.0%
104th Kuwait $12.2B 155.8%
105th Saudi Arabia $23.1B 272.1%
Source: World Bank (NE.RSB.GNFS.CD)

FAQ

What was Canada's trade balance in 1979?▾

Canada's trade balance in 1979 was $1.0B. This ranked 90th globally.

How did Canada's trade balance change in 1979?▾

Canada's trade balance increased by 114.3% in 1979 compared to 1978.

Which country had the highest trade balance in 1979?▾

Saudi Arabia had the highest trade balance in 1979 at $23.1B.

What is the trade balance of Canada in 1979?▾

The trade balance of Canada in 1979 was $1.0B. This ranked 90th globally.

What was Canada's trade balance in billion in 1979?▾

Canada's trade balance in 1979 was approximately 1.02 billion ($1.0B).

How does 1979 compare to 1978 for Canada's trade balance?▾

Canada's trade balance went from $476.9M in 1978 to $1.0B in 1979, a 114.3% increase.

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