February 5, 2026

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Canada’s share of exports to U.S. hit lowest level in decades in October

Canada’s share of exports to U.S. hit lowest level in decades in October

Cargo containers are pictured at the Port of Vancouver in Vancouver, B.C, on Wednesday, August 6, 2025.

Exports to the U.S. slumped in October to their lowest level outside of the pandemic since 1997, while exports to countries other than the U.S. jumped in the same month. The shift comes after U.S. President Donald Trump imposed hefty tariffs on much of the world.

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