Canada Trade Balance Overview
Release Time: 19:30 WIB | Period: June 2025
Canada’s Trade Deficit widened to C$5.9 billion, up from the previously revised C$5.5 billion, broadly in line with market expectations of a C$5.8 billion trade gap.
Key Details:
- Imports increased by 1.4% to C$67.6 billion (first rise in four months), driven by one-off shipments of industrial machinery and high-value equipment.
However, excluding these shipments, imports actually dropped by 1.9%, particularly in non-metallic minerals (-7.8%) and aircraft/transportation equipment (-12%). - Exports rose by 0.9% to C$61.7 billion, boosted by higher exports of industrial machinery (+5.1%).
However, exports of motor vehicles fell by 4.2%. - Exports to the U.S. increased by 3.1% month-over-month, but remained 12.5% lower year-over-year, affected by sector-specific tariffs.
Conclusion:
Despite a slight rise in exports, a jump in imports—especially due to high-value shipments—has widened the trade deficit. Trade tensions and tariffs continue to weigh on Canada’s trade outlook.
*DISCLAIMER: All content is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
The best investment is an investment in knowledge. Start your journey to trading success with a Masterclass Trading Webinar every Friday. Join now!
Source: Statistics Canada