Exports of Services (BoP, USD) rose 3.02% to USD 159 bil in Canada in 2024

Exports of Services (BoP, USD) (USD bil), 2024
Economy | Canada | September 1, 2025
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Exports of services as a part of balance of payment rose 3.02% to USD 159 bil in Canada in 2024, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in Canada reached an all time high of USD 159 bil in 2024 and an all time low of USD 0.992 bil in 1961. When compared to Canada's main peers, exports of services as a part of balance of payment in Australia amounted to USD 83.4 bil, USD 63.0 bil in Mexico, USD 649 bil in United Kingdom and USD 1,107 bil in USA in 2024.

Canada has been ranked 13th within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 5 places above the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Australia USD bil 69.4 70.9 50.3 45.9 53.1
Belgium USD bil 124 125 118 136 139
Belize USD bil 0.620 0.677 0.426 0.621 0.851
Canada USD bil 105 115 98.5 121 141
China USD bil 234 244 229 339 372
France USD bil 302 299 250 316 360
Germany USD bil 364 366 334 412 441
Guatemala USD bil 3.71 3.68 2.59 2.88 3.89
Honduras USD bil 2.82 2.98 1.98 2.84 3.36
Indonesia USD bil 31.2 31.6 15.0 14.0 23.2
Ireland USD bil 249 282 333 391 391 ...
Japan USD bil 194 209 164 171 170
Malaysia USD bil 40.2 41.1 22.2 21.2 31.9
Mexico USD bil 40.2 44.2 28.5 42.4 52.2
New Zealand USD bil 18.3 18.2 11.9 9.83 11.3
Papua New Guinea USD bil 0.299 0.291 0.098 0.190 0.247 ...
USA USD bil 866 891 726 805 949
United Kingdom USD bil 434 432 398 460 509