The international merchandise trade Canada measures the difference in value of Canadian imports and exports goods and services excluding the tangible assets. Data of imports and exports gives an important reflection of economic growth. If steady demand for Canadian exports is seen, it reflects positive numbers for balance of trade and economic growth.
The date of international merchandise trade Canada is released on monthly basis at 2nd week of each month usually at 8:30 AM EST by Statistics Canada. The reading higher than expected taken as positive/bullish for CAD traders.