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Canadian Exports to U.S. Continue to Drop, Reach One of Lowest Proportions on Record

  • Canadian exports to the U.S. fell by 0.9 percent in May, marking the fourth consecutive monthly decline, according to Statistics Canada.
  • Exports to countries other than the U.S. increased by 5.7 percent in May, reaching a record high, as reported by Statistics Canada.
  • Ninety-One percent of Canadian exports to the U.S. were duty-free, indicating effective exemptions from U.S. tariffs, reported economist Nathan Janzen at Royal Bank of Canada.
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The U.S. was the destination of 68.3% of Canadian exports in May, "one of the lowest proportions ever recorded."

·Montreal, Canada
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  • 56% of the sources are Center
56% Center
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Xinhua broke the news in China on Thursday, July 3, 2025.
Sources are mostly out of (0)