<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 3: Exports to markets outside the United States have increased</label>
    <description><![CDATA[Change in Canada’s exports of goods since 2024, by destination, annualized data

Exports of goods exclude those originating from the gold and silver ore mining industry because shipments of gold are highly volatile and often reflect inventory management. Shipments of gold do not reflect underlying production levels or demand because gold is frequently re-exported, stored or shipped for financial or custodial reasons. Annual averages are calculated using 2024 and 2025 data from January to November of each year.

Statistics Canada and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=251439</link>
</groupDetail>
<seriesDetail>
<series id="SPEECH_MACK20260205_C3_S1">
<label>2025 year to date versus 2024</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Rest of the world"><v s="SPEECH_MACK20260205_C3_S1">7.7</v></o>
<o k="European Union"><v s="SPEECH_MACK20260205_C3_S1">7.4</v></o>
<o k="China"><v s="SPEECH_MACK20260205_C3_S1">3.6</v></o>
<o k="United Kingdom"><v s="SPEECH_MACK20260205_C3_S1">0.6</v></o>
<o k="United States"><v s="SPEECH_MACK20260205_C3_S1">-33.6</v></o>
</observations>
</data>