Canada's International Trade Data for May 2025
In May 2025, Canada's merchandise exports increased by 1.1% while imports decreased by 1.6%. This led to a narrowing of Canada's trade deficit with the world from $7.6 billion in April to $5.9 billion in May. The changes were influenced by various factors, including the implementation of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) digital initiative.
In May, Canada's merchandise exports were up 1.1%, while imports fell 1.6%. As a result, Canada's merchandise trade deficit with the world narrowed from a record $7.6 billion in April to $5.9 billion in May.
Due to the implementation of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) digital initiative, estimates were added to the reference months from November 2024 to May 2025. Please see the Note to readers below for more information.
Consult the \"International trade monthly interactive dashboard\" to explore the most recent results of Canada's international trade in an interactive format.
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According to the source: Statistique Canada.
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