Canada's Merchandise Trade Surplus Grows in January 2025

According to Statistics Canada, the country's merchandise trade statistics for January 2025 reported significant changes. Exports increased by 5.5% and imports rose by 2.3%, marking record levels for both.

The data indicates a widening trade surplus with global markets during this period. This activity unfolds against the backdrop of tariff discussions that could potentially affect Canadian goods.

Such statistics provide a quantitative insight into Canada's international trade status, particularly at the beginning of the year, offering important benchmarks for ongoing economic evaluations.