{"id":58345,"date":"2026-08-04T18:51:46","date_gmt":"2026-08-04T18:51:46","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-ca\/uncategorized\/canada-trade-surplus-hits-four-year-high-as-record-exports-rise-on-gold-and-copper-demand\/"},"modified":"2026-08-04T18:51:46","modified_gmt":"2026-08-04T18:51:46","slug":"canada-trade-surplus-hits-four-year-high-as-record-exports-rise-on-gold-and-copper-demand","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/live-updates\/canada-trade-surplus-hits-four-year-high-as-record-exports-rise-on-gold-and-copper-demand\/","title":{"rendered":"Canada trade surplus hits four-year high as record exports rise on gold and copper demand"},"content":{"rendered":"

Canada\u2019s merchandise trade surplus in goods rose to a four-year high of C$3.86 billion in June, as exports increased for a fifth straight month to a record C$77.5 billion. The monthly gain was led by stronger gold and copper shipments, while energy exports declined.<\/p>\n

Stripping out gold and copper, exports fell by as much as 3.0% on the month, with the energy segment down 10.0% as commodity prices eased alongside reduced tensions in the Middle East. Quarterly volume data point to merchandise trade supporting Q2 GDP growth: exports rose 28.5% q\/q (annualised) versus import growth of 10.6%. Import volumes of machinery and equipment increased 9.6%, indicating firmer business equipment spending during the quarter, while the merchandise trade surplus with the United States narrowed in June.<\/p>\n

Export Trends and Commodity Performance<\/h3>\n

Canada\u2019s merchandise trade surplus in goods rose to a four-year high of C$3.86 billion in June, as exports increased for a fifth straight month to a record C$77.5 billion. The monthly gain was led by stronger gold and copper shipments, while energy exports declined.<\/p>\n

Stripping out gold and copper, exports fell by as much as 3.0% on the month, with the energy segment down 10.0% as commodity prices eased alongside reduced tensions in the Middle East.<\/p>\n

Impact on GDP and Equipment Spending<\/h3>\n

Quarterly volume data point to merchandise trade supporting Q2 GDP growth: exports rose 28.5% q\/q (annualised) versus import growth of 10.6%. Import volumes of machinery and equipment increased 9.6%, indicating firmer business equipment spending during the quarter, while the merchandise trade surplus with the United States narrowed in June.<\/p>\n\n\n\n

Start trading now \u2014 click here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

Canada\u2019s trade surplus hit C$3.86B as exports reached record C$77.5B, boosted by gold, copper.<\/p>\n","protected":false},"author":87,"featured_media":55931,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-58345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\n\t\t