{"id":14511,"date":"2026-02-03T18:32:35","date_gmt":"2026-02-03T18:32:35","guid":{"rendered":"https:\/\/axxessintl.com\/?p=14511"},"modified":"2026-02-03T18:32:35","modified_gmt":"2026-02-03T18:32:35","slug":"canadas-merchandise-trade-deficit-rises-to-2-2-billion-in-november","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/canadas-merchandise-trade-deficit-rises-to-2-2-billion-in-november\/","title":{"rendered":"Canada&#8217;s merchandise trade deficit rises to $2.2 billion in November"},"content":{"rendered":"<p>Statistics Canada announced that Canada&#8217;s merchandise exports fell 2.8% in November, while imports edged down 0.1%. As a result, Canada&#8217;s merchandise trade deficit with the world widened from $395 million in October to $2.2 billion in November.<!--more--><\/p>\n<p>The Federal Agency notes that total exports fell despite increases observed in 8 of the 11 product sections. Exports of metal and non-metallic mineral products posted the largest decline in November. Excluding exports of this product section, total exports increased 2.5% in November.<\/p>\n<p>As for imports, declines were observed in 7 of the 11 product sections. Imports of motor vehicles and parts (-4.5%) posted the largest decrease.<\/p>\n<p>After rising 5.4% in October, imports from the United States fell 5.4% in November, reaching their lowest level since February 2022. Meanwhile, exports to the United States decreased 1.8% in November 2025, a second consecutive monthly decline. In the first 11 months of 2025, exports to the United States were down 4.9% compared with the same period in 2024. In November 2025, Canada&#8217;s merchandise trade surplus with the United States totalled $6.6 billion, an increase from the $5.2 billion surplus observed in October.<\/p>\n<p>Imports from countries other than the United States rose 7.8% in November, reaching an all-time high. Imports from China (various products), Germany (various products) and Belgium (pharmaceutical products) contributed the most to the growth. After increasing 27.7% from August to October, exports to countries other than the United States fell 4.9% in November. Lower exports to the United Kingdom (gold), Hong Kong (gold) and the Netherlands (crude oil) were mainly responsible for the decline. Canada&#8217;s trade deficit with countries other than the United States widened from $5.6 billion in October to $8.8 billion in November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Statistics Canada announced that Canada&#8217;s merchandise exports fell 2.8% in November, while imports edged down 0.1%. As a result, Canada&#8217;s merchandise trade deficit with the world widened from $395 million in October to $2.2 billion in November.<\/p>\n","protected":false},"author":15,"featured_media":13513,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[147],"types-de-nouvelles":[],"class_list":["post-14511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-statistics-canada"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/14511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=14511"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/14511\/revisions"}],"predecessor-version":[{"id":14512,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/14511\/revisions\/14512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/13513"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=14511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=14511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=14511"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=14511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}