Over 30% of Canada's gross domestic product (GDP) is generated through exports. Canada's most important exports in 2018 were energy products that accounted for 19% of total exports, followed by motor vehicles and parts (15%), consumer goods (11%), metal and nonmetallic mineral products (11%), forestry products, and building and packaging materials (8%), farm, fishing, and intermediate food products (7%), industrial machinery, equipment, and parts (7%), and basic and industrial chemicals (6%). The United States accounts for 74% of total exports and is by far the most important market for Canadian exports, followed by the European Union (8%), of which Germany (3%), China (5%), and Japan and Mexico (2% each). 

A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.

Source:  Statistics Canada
Category:  Exports
Units:  Billion
Details
Impact: Low
Country:
Currency: CAD
Latest Release
Previous: C$62.98B
Consensus: C$61.5B
Actual: C$66.62B
Next Release
Date: May 02, 12:30
Time left: 14 days
Consensus: C$67.2B

Forex Sentiment (CAD)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDCAD
1.3637
-134 pips
1.3775
-4 pips
1.37713
Symbol Action Percentage Volume Positions
USDCAD Short 89% 11940.09 lots 41532
Long 11% 1544.81 lots 6725
17% of traders are currently trading USDCAD.
AUDCAD
0.8857
-4 pips
0.8907
-46 pips
0.88611
Symbol Action Percentage Volume Positions
AUDCAD Short 14% 1370.81 lots 8771
Long 86% 8243.60 lots 37030
24% of traders are currently trading AUDCAD.
CADJPY
107.5979
-447 pips
111.5865
+48 pips
112.067
Symbol Action Percentage Volume Positions
CADJPY Short 78% 490.55 lots 2458
Long 22% 136.70 lots 1255
3% of traders are currently trading CADJPY.
EURCAD
1.4617
-77 pips
1.4725
-31 pips
1.46943
Symbol Action Percentage Volume Positions
EURCAD Short 64% 868.26 lots 5172
Long 36% 492.17 lots 2118
7% of traders are currently trading EURCAD.
GBPCAD
1.6974
-174 pips
1.7185
-37 pips
1.71485
Symbol Action Percentage Volume Positions
GBPCAD Short 47% 402.24 lots 2326
Long 53% 448.30 lots 2384
3% of traders are currently trading GBPCAD.
NZDCAD
0.8139
-6 pips
0.8216
-71 pips
0.81449
Symbol Action Percentage Volume Positions
NZDCAD Short 39% 1054.65 lots 5535
Long 61% 1653.41 lots 7685
11% of traders are currently trading NZDCAD.
CADCHF
0.6549
-61 pips
0.6733
-123 pips
0.66102
Symbol Action Percentage Volume Positions
CADCHF Short 26% 901.02 lots 4794
Long 74% 2609.63 lots 14381
10% of traders are currently trading CADCHF.