Canada Imports Fall in July

Canada's total imports were down 0.7% over a month to C$66.8 billion in July 2025, mainly reflecting lower imports of industrial machinery, equipment and parts (-18.8%). The decrease was driven by a reduction of more than C$2.0 billion in logging, construction, mining, and oil and gas field machinery imports, following June’s one-time delivery of a module for an offshore oil project in Newfoundland. Offsetting part of the decline were notable gains in aircraft and other transportation equipment (+11.0%), motor vehicles and parts (+2.2%), consumer goods (+1.6%), and farm, fishing, and intermediate food products (+7.8%). Imports from the United States fell 2.2%, marking the fourth decrease in five months, while those from countries other than the United States increased 1.3%.