Canada’s exports continued to sputter in November with a 0.02% decline on a year earlier following a 1% rise in October. A 7% drop in oil exports was to blame, ending a 13 month run of improvements and despite a 24% surge in oil prices. An 8% surge in imports was driven in large part by consumer electronics, suggesting retail sales over the holidays may have been solid. Looking ahead the biggest event for Canadian trade is the January 23 round of NAFTA talks. Despite the slowdown in energy exports, Canada’s energy surplus with the U.S. climbed 17% on a year earlier, with the result that ...
Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.




