加拿大2025年贸易逆差扩至313亿加元 连续三年逆差 对美依赖度明显下降

Core Insights - Canada experienced a significant trade deficit of 31.3 billion CAD in 2025, marking the largest deficit since 2020 and the highest annual deficit since 1988, excluding the impact of public health measures in 2020 [1][2] Trade Performance - This marks the third consecutive year of trade deficits for Canada, with deficits of 933 million CAD in 2023 and 7.2 billion CAD in 2024 [2] - In 2025, Canada's total exports slightly decreased by 0.2%, with seven out of eleven major product categories experiencing declines, particularly in energy products due to falling prices [2] - Exports of unrefined gold, silver, and platinum group metals surged by 41.7%, which partially offset declines in other product exports; without this category, the annual export decline would have been 3% [2] - Total imports in Canada grew by 2.8% in 2025, driven mainly by increases in metal ores, non-metallic minerals, electronic and electrical equipment, and consumer goods [2] Trade Relations - Canada's trade dependency on the United States decreased significantly in 2025, with exports to the U.S. declining by 5.8% and imports decreasing by 2.9%; the trade surplus with the U.S. narrowed from 101.3 billion CAD in 2024 to 81.6 billion CAD [2] - In contrast, trade with non-U.S. partners showed strong performance, with exports to non-U.S. partners increasing by 17.2% and imports rising by 12.4% in 2025 [2]