Canada posts 1st trade surplus in 10 months of C$708 million

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.
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.
Canada records trade surplus in Dec; exports climbed 10-month high, imports hit fresh record high
Canada posted a trade surplus of C$0.7 billion in December 2024, swinging from the upwardly revised deficit of C$1 billion in the previous month, and loosely in line with market expectations of a C$0.
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'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 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 records merchandise trade surplus of $708 million in December
Statistics Canada says the country’s merchandise trade surplus with the world was $708 million in December. The result compared with a revised deficit of $986 million in November. The agency says exports rose 4.9% to $69.5 billion in December.
Driven by US stockpiling, Canada posts first trade surplus in 10 months
The December trade surplus was at C$708 million ($496 million), compared with a revised deficit of C$986 million the prior month, helped by an 4.9 per cent growth in exports
Canada Trade Surplus C$708B In Dec
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