US EditionCanada marks record high trade deficit in April, Statistics Canada reports
- In April, Canada reported its largest merchandise trade deficit ever at $7.1 billion, according to Statistics Canada.
- Overall exports dropped by 10.8 percent to $60.4 billion, the lowest level since June 2023.
- Exports to the U.S. Decreased by 15.7 percent, marking a third consecutive monthly decline.
- Due to this decline, Canada's trade surplus with the U.S. Fell to $3.6 billion, the lowest since December 2020.
51 Articles
51 Articles
Greek Exports Plummet in April 2025 Amidst Global Tariffs
The port of Piraeus is a major hub for Greek exports. Credit: AMNA Greek exports experienced a significant downturn in April 2025, the first month of implementation of new global tariffs. The total value of Greek exports for April 2025 stood at €3,834.3 million (approximately $4,312.6 million), a 14.5 percent decrease from €4,482.6 million ($4,823.1 million) in April 2024. For the broader January-April 2025 period, total exports reached €15,975.…
Toronto (Canada), 5 Jun (EFE).- The tariffs imposed by the United States caused in April a sharp increase in Canada's trade deficit that reached the record figure of 7.1 billion Canadian dollars (5.2 billion US dollars), said this Thursday the public agency Statistics Canada (EC). The figures released today reveal that Canada's exports fell by 10.8% in April, to 60.5 billion Canadian dollars, its lowest level since June 2023. The Canadian econom…
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