Trade Balance

MeasuresDifference in value between imported and exported goods during the reported month;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, about 35 days after the month ends;
Next Release
FF NotesA positive number indicates that more goods were exported than imported. About 75% of Canadian exports are purchased by the US;
Why Traders
Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers;
Also CalledInternational Merchandise Trade;