Canada Swings to C$708 Million Goods-Trade Surplus

Canada posts first trade surplus in ten months of C$708 million
Canada saw its first trade surplus in ten months in December as exports continued to expand faster than imports, led by higher energy product exports, higher crude oil prices and partly by weaker local currency,
Canada Swings to C$708 Million Goods-Trade Surplus in December
A jump in Canadian energy exports to the U.S. and further weakening of the loonie saw Canada’s trade surplus with its neighbor balloon in December, helping the country to its first goods-trade surplus with the world in 10 months.
Canada’s Trade Surplus With US Highest Since 2022 on Oil
Canada’s energy exports to the US jumped at the end of last year, pushing the country’s trade surplus with its biggest customer to the highest in more than two years.
Trade surplus with U.S. widened in December but down overall in 2024: StatCan
OTTAWA - Canada's trade surplus with the U.S. widened in December as overall exports rose thanks in part to higher energy prices, Statistics Canada said Wednesday.
Canada posts first trade surplus in ten months in December as exports continue to expand
The December trade surplus was at $708-million, from a revised deficit of $986-million the prior month, helped by an 4.9% growth in exports, Statistics Canada said
Canada's December Trade Surplus: Energy Exports Drive Growth
Canada recorded its first trade surplus in ten months in December, reaching C$708 million, driven by increased energy exports and higher crude oil prices. The surplus with the U.S. grew, while imports fell slightly.
Canada posts first trade surplus in 10 months, driven by US stockpiling, strong demand
Canada in December posted its first trade surplus in 10 months as exports expanded faster than imports, led by a push by U.S. businesses to build up inventory ahead of potential tariffs on Canada and generally strong U.
U.S.-Canada trade faces uncertainty in 2025
Canada's energy exports surged at the end of 2024, pushing its trade surplus with the united states to the highest level in over two years. But with president trump back in the white house, new tariff threats could shake up North America's trade.
Statistics Canada says merchandise trade surplus $708 million in December
OTTAWA — Statistics Canada says the country's merchandise trade surplus with the world was $708 million in December.
Vietnam’s US Trade Surplus Jumps 18%, Raising Trump Tariff Risk
Vietnam’s trade surplus with the US widened to $123.5 billion last year, making the manufacturing powerhouse a potential ...
AUD/JPY drops to near 95.50 as Australia's trade surplus shrinks to a three-month low
AUD/JPY extends its losses for the second successive day, trading around 95.60 during the Asian hours on Thursday. This ...
devdiscourse1d
Vietnam Struggles to Avoid U.S. Trade Tariffs Amid Surging Surplus
Vietnam's trade surplus with the U.S. reached a record high, increasing concerns about potential tariffs under the Trump ...
Thailand Weighs Imports of More US Goods to Cut Trade Surplus
Thailand is set to increase imports of US ethane and agricultural products, a government official said, in a bid to prevent ...
A U.S.-EU Trade War Would Threaten World’s Richest Economic Relationship
BRUSSELS—European leaders, bracing for a fight with President Trump over the world’s most valuable trading relationship, said ...
Politico Europe3d
Boosting EU demand and a stronger euro would prevent trade war
With Trump imposing tariffs on Mexico, Canada and China, finding ways to avert a trade war between the U.S. and Europe must ...
Afro3d
President admits Americans could feel ‘some pain’ from his new tariffs that are triggering a trade war
The Presidents tariffs on Canada, Mexico, and China could lead to higher prices and economic turmoil, potentially affecting U ...
China challenges Trump tariffs as 'discriminatory'
China has accused the US of making "unfounded and false allegations" about its role in the fentanyl trade to justify tariffs ...