Canada Importations

Canada’s imports fell 4.1% month-on-month to C$64.1 billion in September 2025, accelerating from a 1% decline in August, with decreases in seven of eleven product sections. Imports of metal and non-metallic mineral products dropped 27.8%, driven by a 72.5% plunge in unwrought gold, silver, and platinum group metals after unusually high-value gold shipments from South Africa and Switzerland in August failed to repeat. Consumer goods imports fell 6%, with broad declines across subcategories. After two monthly gains, pharmaceutical and medicinal products slumped 13.8%, the largest negative contribution, mainly due to lower imports from Europe.