Canada’s exports rose 8.5% month-on-month to C$72.8 billion in March 2026, the highest level since January 2025. Amid uncertainty over the economic fallout from the Iran conflict, some sectors saw sharp gains. Exports of metal and non-metallic mineral products and energy led the increase. Non-metallic mineral product exports surged 24.0% to a record C$15.3 billion, driven largely by unwrought gold, silver, and platinum group metals. Energy exports rose 15.6% to C$17.1 billion, the highest since September 2022, supported by an 18.9% jump in crude oil exports due to higher prices. Excluding these categories, export growth was more modest, rising 1.1% in March.