Canadá Balança Comercial

Canada posted a seasonally adjusted trade deficit of C$5.9 billion in June of 2025, widening from the revised C$5.5 billion in the previous month, and loosely aligned with market expectations of a C$5.8 billion trade gap. Imports expanded by 1.4% from the six-month low in the previous month to C$67.6 billion, the first increase four months, due to a one-time, high-value shipment of industrial machinery, equipment, and parts docked in the period. Excluding this shipment, total imports were down by 1.9% on non-metallic minerals (-7.8% to C$5.3 billion) and aircraft and transportation equipment (-12% to C$2.3 billion). In turn, exports rose by 0.9% from the previous month to C$61.7 billion. Exports rose for industrial machinery (5.1% to C$4 billion) but fell for motor vehicles (-4.2% to C$7.1 billion). Exports to the United States, which have been subject to sector and country specific tariffs, were 3.1% higher from the previous month, but remained 12.5% lower annually.