Canadian Exports Rise to Record
2026-06-09 12:53
By
Andre Joaquim
1 min. read
Exports of Canadian goods surged by 1.6% from the previous month to C$75.2 billion in April of 2026, the highest on record.
The increase was owed to a fresh jump in energy exports (9.7% to C$19.9 billion), as the war in the Middle East continued to prevent energy trade from the region and lifted prices for Canadian oil and natural gas, triggering a surge in their turnover.
Exports also increased for farm, fishing, and intermediate food products (8.9% to C$5.3 billion) and aircraft and transportation equipment (13.8% to C$3.1 billion).
Meanwhile, exports slumped for metal and non-metallic mineral products (-17.5% to $12.5 billion) despite remaining at historically elevated levels, as the surge in exports of gold, silver, and platinum to the UK in the previous months were unwound.
Exports to the US rose for a third month, contributing to their largest surplus in 14 months, despite tariffs by the US President.