Canada’s exports to the U.S. fell in July as non-U.S. exports rose
A genuine 18-month Statistics Canada series separates exports to the United States from imports from the United States. Calendar months are shown on a continuous time axis.
Direct answer: In July 2026, seasonally adjusted Canadian merchandise exports to the U.S. were CAD 50.5 billion, down 6.6% from June, while imports from the U.S. were CAD 44.6 billion, up 1.8%. Non-U.S. exports rose 7.4% and represented 33.7% of all exports. These are values, not quantities.
18 months of Canada–U.S. merchandise trade
Show all 18 months in an accessible table
| Month | Exports to U.S. (CAD millions) | Imports from U.S. (CAD millions) | Status flag |
|---|---|---|---|
| 54413.6 | 43278.2 | No flag | |
| 49087 | 42343.7 | No flag | |
| 41841.7 | 38654.7 | No flag | |
| 41890.8 | 38664.2 | No flag | |
| 43465.2 | 39297.4 | No flag | |
| 45423.9 | 38479.6 | No flag | |
| 43941.6 | 37873.3 | No flag | |
| 45820.3 | 37227 | No flag | |
| 44064.4 | 39254.9 | No flag | |
| 43865.8 | 37297.6 | No flag | |
| 44458.4 | 38800.1 | No flag | |
| 42796.8 | 36972.6 | No flag | |
| 44996 | 42209.2 | No flag | |
| 49785.2 | 42364.5 | No flag | |
| 53067.3 | 43046.8 | No flag | |
| 53633.2 | 42781.1 | No flag | |
| 54094.9 | 43818.5 | No flag | |
| 50517.1 | 44604 | No flag |
Method, dates and limits
Statistics Canada Table 12-10-0011-01; Canada; imports and exports; United States; balance-of-payments basis; seasonally adjusted; current Canadian dollars in millions. One 2026-09-03 table edition, downloaded 2026-09-13. The series has 18 consecutive months and does not substitute zero for unavailable values. Non-U.S. exports equal all-country exports minus U.S. exports from the same edition.
July predates the August and September tariff changes, so the curve cannot support a claim that those later measures caused July’s movement. Cash value can change without an equal change in physical quantity.
Continue to Canada’s listed U.S. goods, tariffs versus retail prices, or the two-direction tariff watch.
Questions about the data
Are these quantities?
No. They are current Canadian-dollar merchandise-trade values in millions, not physical volumes.
Are the values seasonally adjusted?
Yes. Both lines use the balance-of-payments basis and are seasonally adjusted.
Why does the series end in July 2026?
July was the latest reference month in the Statistics Canada table edition released September 3, 2026.
Did September tariffs cause July’s movement?
No such claim is possible: July precedes the August and September policy changes.
Can the numbers be revised?
Yes. Statistics Canada can revise prior months, so this page preserves one complete table edition instead of mixing vintages.
Official data
- Statistics Canada Table 12-10-0011-01
- Canadian international merchandise trade, July 2026 · released September 3, 2026
- Statistics Canada Open Licence
Snapshot downloaded September 13, 2026 · latest reference month July 2026 · may be revised.