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Canada’s trade surged with Europe but exports still fell in March

Canadian global exports declined in March, despite a double-digit surge in trade with the U.K., Germany and other European nations as part of a continued plan to offset reliance on the U.S.

Quinn Patrick
May 07, 2025
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Source: Rawpixel

Canadian global exports declined in March, despite a double-digit surge in trade with the U.K., Germany and other European nations as part of a continued plan to offset reliance on the U.S.

Canada’s global merchandise trade deficit was reduced from $1.4 billion in February to $506 million in March, driven by a decline in exports to the U.…

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