Canada records sixth consecutive monthly trade surplus
Released on October 9, 2026
In August, Canada recorded its sixth consecutive monthly trade surplus. That month, Canada reported total exports of goods valued at $77.8 billion and imports valued at $73.7 billion, which widened its trade surplus with the world from $787 million in July to $4.2 billion in August. Energy products and consumer goods contributed the most to the monthly change in exports. The United States remains a key market for Canadian exports despite new tariffs set to take effect at the end of August. Canada's trade surplus with the United States reached $11.2 billion in August, up from $6.1 billion in July. It was the biggest monthly gain ever in Canada’s trade balance with the United States.
Last Updated: October 1, 2026
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Source: Statistics Canada is Canada's national statistical agency.
