The State of Canada-China Trade: H1 2025
In the first half of 2025, China sustained its position as one of Canada’s top trading partners. Bilateral trade reached CAD 64.2 billion, reflecting a robust 9% year-over-year increase. However, quarterly trends signaled a loss of momentum, with growth decelerating from 7% in the first quarter to 2% in the second. The slowdown was largely driven by weaker Canadian exports to China, reflecting the impact of Chinese counter tariffs on Canadian agricultural goods.
