FX.co ★ Canada Exports Post Strongest Monthly Gain Since Early 2024

In September 2025, Canada's exports experienced a significant resurgence, climbing 6.3% from the previous month to reach C$64.2 billion. This notable increase follows a 3.2% decline in August, marking the most substantial growth since February 2024. Out of eleven product categories, nine saw increases, with exports of metals and non-metallic minerals rising sharply by 22.7% after three consecutive months of decline. This surge was primarily fueled by a 30.2% increase in the export of unwrought gold, silver, and platinum group metals, particularly to destinations like Switzerland, the United States, and the United Kingdom. Energy exports continued their upward trajectory for the fifth month in a row, growing by 5.8%, mainly due to a rise in crude oil exports. Aircraft and other transport equipment exports also saw significant growth, jumping 23.4%, driven largely by a 72.3% increase in aircraft exports. However, exports of aluminum and steel products suffered notable declines, as high tariff rates continued to have an adverse impact.