# Canada posted a $1.78 billion surplus in March, compared with a $5.11 billion deficit in the prior month.

*business · news · 2026-05-05 · Bnn Bloomberg*

## Key points

- Canada posted a $1.78 billion trade surplus in March after six consecutive deficit months.
- Analysts had expected a $2.88 billion deficit, but strong exports led to an unexpected surplus.
- Canada's share of exports to the U.S. fell to a record low of 66.7 percent in March.
- Exports to non-U.S. countries reached a record high, rising 9.1 percent in March.
- Metal, non-metallic product, and energy exports reached record or multi-year highs in March.

**Countries:** Canada, United States

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/business/2026/05/05/canada-swings-to-trade-surplus-for-the-first-time-in-6-months/)

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