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Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Germany and Canada, each channel at its own period. Left, Germany to Canada; right, Canada to Germany.

Finance to trade

positions ÷ goods, both directions
Finance to trade7.2×positions ÷ goods, both directions
Financial positions, both directions219USD bn
Goods, both directions30.3USD bn

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceGermany → CanadaCanada → Germanyother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnJul 2026 · 19.6 / 10.701020Bank claims · quarterly · USD bnQ2 2026 · – / 3.3035Portfolio holdings · half-yearly · USD bnDec 2025 · 139 / 56.60100200Direct investment · annual · USD bn2024 · 17.1 / 3.201020Finance to trade · quarterly, positions both ways ÷ goods both waysQ2 2026 · 7.2×0.0×5.0×10×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Germany → Canada

Aug 2025–Jul 2026

exports of Germany to Canada, 12 months

Exports, 12 months19.6USD bnreported
1.25importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods Canada → Germany

Aug 2025–Jul 2026

exports of Canada to Germany, 12 months

Exports, 12 months10.7USD bnreported
1.51importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Germany → Canada

Q2 2026

loans and deposits of banks in Germany on residents of Canada

Position–Not reported
Flow in the quarter–
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Canada → Germany

Q2 2026

loans and deposits of banks in Canada on residents of Germany

Position3.3USD bn
Flow in the quarter−0.2USD bnas published by the BIS
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Germany → Canada

Q4 2025

securities issued in Canada held by investors in Germany

Total139USD bn
Equity32.4USD bn
Debt securities107USD bn
Sources

Holder to issuer, Q4 2025.

Canada → Germany

Q4 2025

securities issued in Germany held by investors in Canada

Total56.6USD bn
Equity31.9USD bn
Debt securities24.7USD bn
Sources

Holder to issuer, Q4 2025.

Germany → Canada

2024

position of investors in Germany in Canada

Position17.1USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

Canada → Germany

2024

position of investors in Canada in Germany

Position3.2USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.