Canadian goods exports rise 0.4% to record CAD 77.5 billion in June 2026

A fifth straight monthly increase was driven by metals and autos, while energy exports fell 10%; second-quarter exports climbed 13.1%, the strongest quarterly gain since Q3 2020.

Summary

Canadian goods exports rose 0.4% from the previous month to a record CAD 77.5 billion in June 2026, extending their run of monthly gains to five. The increase was led by metal and non-metallic mineral products, where exports jumped 16.5% as shipments of unwrought gold, silver, platinum group metals and their alloys surged 27.9%, reflecting higher gold exports to the UK and stronger foreign demand. Exports of metal ores and non-metallic minerals also advanced 7.3%, helped by a 20% rise in copper ores and concentrates and higher sulphur shipments. Motor vehicles and parts added further support, rising 2.4% as stronger domestic production pushed passenger car and light truck exports to their highest level since March 2025. Those gains were largely offset by a 10% decline in energy product exports. After a 4.6% increase in the first quarter, total exports climbed 13.1% in Q2, marking the strongest quarterly growth since the third quarter of 2020.

Terms & Concepts
  • platinum group metals: A set of precious industrial metals
  • unwrought gold: Raw or unprocessed gold metal
  • copper ores and concentrates: Copper-bearing material prepared for refining