Statistics Canada reports $4.2B merchandise trade surplus for August

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OTTAWA - Statistics Canada says the country's merchandise trade surplus increased to $4.2 billion in August as exports rose and imports fell.

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OTTAWA – Statistics Canada says the country’s merchandise trade surplus increased to $4.2 billion in August as exports rose and imports fell.

The agency says the result compared with a surplus of $787 million in July.

Total exports increased 2.5 per cent in August to total $77.9 billion for the month, helped by a 4.7 per cent rise in exports of energy products, the first increase for the category since April.

A container is unloaded from the Manzanillo Bridge container ship at Global Container Terminals' Deltaport facility, at Roberts Bank, in Delta, B.C., on Thursday, July 30, 2026. THE CANADIAN PRESS/Darryl Dyck
A container is unloaded from the Manzanillo Bridge container ship at Global Container Terminals' Deltaport facility, at Roberts Bank, in Delta, B.C., on Thursday, July 30, 2026. THE CANADIAN PRESS/Darryl Dyck

Excluding energy products, exports were up 1.8 per cent.

Meanwhile, total imports fell by two per cent in August to $73.7 billion, the first decline since January, as imports of motor vehicles and parts fell 8.8 per cent.

In volume terms, total exports rose 2.5 per cent in August, while import volumes fell 1.1 per cent.

This report by The Canadian Press was first published Oct. 6, 2026.

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