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Canada posts a trade surplus in September beating expectations of a deficit
Canada's $153 million trade surplus in September ended a seven-month deficit streak, driven by a 44% rise in its trade surplus with the United States, Statistics Canada reported.
- Statistics Canada said on Dec. 11, 2025 that Canada registered a marginal trade surplus of $153-million in September, reversing seven consecutive months of deficits after a $6.43-billion shortfall.
- Driven by gains across product sections, total exports rose 6.3% in September to $64.23-billion and volume terms increased 4.1%.
- Key products such as aircraft and unwrought gold led shipments, with exports to the U.S. rising 4.6% to $45.84-billion and a 44% jump in the U.S. surplus helped the overall result.
- The unexpected surplus therefore arrived after delayed data, as analysts polled by Reuters had forecast a $4.5-billion deficit for September, delayed by missing U.S. export data from a 43-day U.S. government shutdown.
- Beyond U.S. trade, exports to other countries jumped 11, aiding the narrowing of non-U.S. deficits to their lowest since October 2024, marking Canada's first surplus since tariffs under President Donald Trump.
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Canada recorded a trade surplus of 153 million in September, its first surplus since January, according to Statistics Canada data published on Thursday.
·Montreal, Canada
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Coverage Details
Total News Sources21
Leaning Left8Leaning Right1Center6Last UpdatedBias Distribution53% Left
Bias Distribution
- 53% of the sources lean Left
53% Left
L 53%
C 40%
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