{"id":428372,"date":"2026-03-12T19:40:12","date_gmt":"2026-03-12T12:40:12","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/canada-january-trade-balance-3-65b-vs-0-9b-expected\/"},"modified":"2026-03-12T19:40:12","modified_gmt":"2026-03-12T12:40:12","slug":"canada-january-trade-balance-3-65b-vs-0-9b-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/canada-january-trade-balance-3-65b-vs-0-9b-expected\/","title":{"rendered":"Canada January trade balance -3.65B vs -0.9B expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior was -1.30B<\/li>\n<li>Exports 62.48B vs 65.55B prior<\/li>\n<li>Imports 66.13B vs 66.85B prior<\/li>\n<\/ul>\n<p>Canada&#8217;s merchandise exports decreased 4.7%, while imports were down 1.1%. The 4.7% decline is the largest percentage decline since April 2025. Exports of motor vehicles and parts fell 21.2% to $5.4 billion in January, the lowest level since September 2021. Changes in the models produced resulted in prolonged seasonal production<br \/>\n stoppages in January, which strongly affected exports of passenger cars<br \/>\n and light trucks so there should be some rebound ahead.<\/p>\n<p>There was also a slowdown in gold exports but that&#8217;s a lumpy category and also doesn&#8217;t reflect any kind of change in the economy.<\/p>\n<p>Separately:<\/p>\n<ul>\n<li>Wholesale trade -1.0% vs -0.6% expected (+1.8% prior)<\/li>\n<li>Building permits +4.9% vs -1.3% expected (+6.1% prior)<\/li>\n<\/ul>\n<p>With weak trade and wholesale data, Canada is off to a poor start to the year.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was -1.30B Exports 62.48B vs 65.55B prior Imports 66.13B vs 66.85B prior Canada&#8217;s merchandise exports decreased 4.7%, while imports were down 1.1%. The 4.7% decline is the largest percentage decline since&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-428372","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=428372"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/428372\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=428372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=428372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=428372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}