Core Insights - Canada's global merchandise trade deficit reached 583 million CAD in October 2025, shifting from a surplus in September 2025 due to increased import growth [1] - The import value in October 2025 was 66.2 billion CAD, a month-on-month increase of 3.4%, while exports were 65.6 billion CAD, rising by 2.1% [1] - The trade balance shifted from a surplus of 24.3 million CAD in September 2025 to a deficit of 583 million CAD in October 2025 [1] Import Dynamics - The import of electronic and electrical equipment components surged by 10.2%, with computer and peripheral equipment imports increasing by 32.2%, reaching a historical high due to a rise in processors imported from Ireland [1] - Imports of telecommunications and audio-video equipment also increased significantly, driven by a substantial rise in smartphone imports from China and the United States [1] - The import of metal and non-metal mineral products grew by 9.5%, with unrefined gold, silver, and platinum group metals imports soaring by 55.3% [1] Export Trends - In October 2025, exports of metal and non-metal mineral products increased by 27.3%, marking a new high [1] - Exports of automobiles and parts rose by 4.1%, while energy product exports fell by 8.4%, which limited the overall growth in export value [1] Trade with the United States - Canada's trade surplus with the United States significantly narrowed, with exports to the U.S. declining by 3.4% and imports increasing by 5.3%, resulting in a surplus reduction from 8.4 billion CAD in September 2025 to 4.8 billion CAD in October 2025 [2] - For the first ten months of 2025, total exports to the U.S. decreased by 4.1% year-on-year [2] - The fluctuations in Canadian exports are attributed to high tariffs imposed by the U.S. on key sectors such as steel, aluminum, automobiles, and lumber [2] Diversification of Trade Partners - In October 2025, exports to countries outside the U.S. increased by 15.6%, reaching a historical high, indicating Canada's efforts to diversify its trade partners [2] - Imports from countries outside the U.S. also saw a slight increase of 0.6% [2]
加拿大2025年10月商品贸易逆差5.83亿加元 由顺差逆转
Xin Lang Cai Jing·2026-01-09 09:24