According to the Ministry of Finance, Japan recorded a ¥3.9327 trillion current account surplus in February 2026. While this marks 13 consecutive months of surplus, the figure represents a year-on-yea

US trade balance changes stem from NAFTA, China and global economic factors.

Statistics Canada reported that Canada's trade surplus contracted sharply in July 2026, narrowing to $769-million from a four-year high of $4.2-billion in June. This decline was driven by a 2.3% drop in exports and a 2.2% increase in imports, with energy products and metal exports bearing the brunt of the downturn. Energy exports fell 4.4%, marking three consecutive monthly declines, while metal and non-metallic mineral product exports dropped 8.5% after a previous surge. Despite these challenges, Canada maintained its fifth consecutive monthly trade surplus, supported by rising exports of aircraft and transportation equipment. Imports rose to $75.37-billion, led by a 11.4% increase in motor vehicle imports from the U.S. The U.S., which accounts for 66.35% of Canada's total exports, saw its trade surplus shrink by over 40% to $5.9-billion due to declining exports and rising imports. Meanwhile, non-U.S. trade deficits narrowed slightly, reflecting a gradual diversification of Canada's export markets.

Grain grading standards impact pricing and market integrity, vital for farmers and trade.

Thai exports grew 9.9% y/y in Feb 2026 (Investing.com, Mar 24, 2026), below consensus forecasts; this raises near-term downside risk for export-linked sectors and GDP.

While inflation risks remain largely manageable at the moment given a low starting point, higher import bills will result in weaker trade balances with some currencies like PHP, THB, INR and KRW more vulnerable.