EU goods trade surplus with Canada widens as 2025 exports reach €48.8 billion

EU goods trade surplus with Canada widens as 2025 exports reach €48.8 billion
EU widens Canada surplus

EU goods trade with Canada reaches €81.8 billion in 2025, as exports rise to €48.8 billion and outpace imports of €33.0 billion. The trade balance leaves the bloc with a €15.8 billion surplus, while import growth accelerates faster than export gains from the previous year.

Highlights

  • EU exports of goods to Canada rise 1.2% to €48.8 billion in 2025, while imports jump 18.0% to €33.0 billion.
  • Total EU-Canada goods trade grows from €54.2 billion in 2018 to €81.8 billion in 2025, averaging an annual 6.1% increase post-CETA implementation.
  • Machinery and mechanical appliances lead EU exports at €9.4 billion in 2025, while ores, slag and ash dominate imports at €4.0 billion.

Trade growth since CETA implementation

As reported by Eurostat, EU exports of goods to Canada increase by 1.2% from €48.2 billion in 2024 to €48.8 billion in 2025, while imports climb 18.0% from €28.0 billion to €33.0 billion.

Eurostat data show that trade in goods between the EU and Canada grows at an average annual rate of 4.7% between 2015 and 2017. After the EU-Canada Comprehensive Economic and Trade Agreement, or CETA, enters into force provisionally in September 2017, total goods trade rises from €54.2 billion in 2018 to €81.8 billion in 2025, equal to an average annual increase of 6.1%. Over the same period, the value of EU exports increases by 4.8% on average each year, while imports rise by 8.2%.

Machinery and pharmaceuticals lead flows

Machinery and mechanical appliances rank as the EU's largest export product group to Canada in 2025, at €9.4 billion, or 19.3% of total exports. Pharmaceutical products follow at €5.5 billion, ahead of vehicles, cars, motorcycles and parts at €5.4 billion, electrical machinery and equipment at €3.3 billion, and optical, photographic and medical instruments at €2.0 billion.

On the import side, ores, slag and ash make up the largest category at €4.0 billion, representing 12.2% of all EU goods imports from Canada. Machinery and mechanical appliances account for €3.8 billion, followed by mineral fuels, oils and distillation products at €3.1 billion, aircraft, spacecraft and parts at €2.9 billion, and pharmaceutical products at €1.9 billion.

Our earlier article on AI-linked goods trade demand explained how rising shipments of chips, networking gear and other AI infrastructure equipment are becoming a major engine of global goods trade growth. We noted that this trend is strengthening logistics networks and reshaping regional trade flows, with the movement of high-value tech hardware increasingly influencing overall trade momentum.

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