US EditionCanadian Exports to U.S. Continue to Drop, Reach One of Lowest Proportions on Record
- In May 2025, Statistics Canada indicated that the value of goods exported from Canada increased by 1.1 percent to C$60.8 billion, while imports decreased by 1.6 percent to C$66.7 billion.
- This shift occurred amid ongoing U.S. tariffs and looming trade negotiations with a July 21 deadline, which could trigger further tariffs if unresolved.
- Exports headed to destinations outside the U.S. increased by 5.7 percent, reaching an all-time peak, while shipments to the U.S. fell by 0.9 percent, marking the fourth month in a row of decline.
- In May, the proportion of Canadian exports sent to the U.S. declined to 68.3 percent, marking the lowest level since at least 1997 when excluding the pandemic period, while the trade deficit narrowed from C$7.6 billion in April to C$5.9 billion.
- These data indicate a continued pivot away from U.S. trade, with economists warning the recovery may be uneven and the export outlook remains weak despite diversification gains.
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Canadian exports to U.S. continue to drop, reach one of lowest proportions on record
Amid a protracted trade war, Canadian exports to the United States are at one of the lowest proportions on record, while exports to other countries have reached a record high, according to the latest numbers from Statistics Canada.
·Canada
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The U.S. was the destination of 68.3% of Canadian exports in May, "one of the lowest proportions ever recorded."
·Montreal, Canada
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Total News Sources12
Leaning Left3Leaning Right1Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 30%
C 60%
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