# Mark Carney: Canada-China trade surges ahead of PM trip

> Canadian exports to China are on track for record levels, with third-quarter bilateral trade reaching a record $36.78 billion, driven largely by energy shipments. Canadian crude oil exports to China rose 159% to an average of 327,000 barrels per day, while the article also points to strong food exports and a Canada-China trade agreement extended through 2028.

- Date: 2026-11-10 · published 2026-11-10T12:16:54.510Z
- Category: trade · region Canada and China · magnitude low
- Page: https://feedsoft.ai/events/91680-mark-carney-canada-china-trade-surges-ahead-of-pm-trip
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher Chinese demand for Canadian crude supports Canadian export flows and may affect crude balances, but the reported trade growth is broad and does not establish a new feed-commodity purchase or supply change. The trade figures imply no clear feed-commodity price direction.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-02-18 | [China takes steps to make good on trade deal](https://feedsoft.ai/events/54482-china-takes-steps-to-make-good-on-trade-deal.md) | -1.3% | -44.5% |
| WTI | 2019-01-09 | [Oil rises more than 2 pct on U.S.-China trade talk hope](https://feedsoft.ai/events/11168-oil-rises-more-than-2-pct-on-u-s-china-trade-talk-hope.md) | +4.5% | +8.1% |
| WTI | 2019-01-04 | [Oil prices rise on US-China trade talks and OPEC cuts](https://feedsoft.ai/events/10834-oil-prices-rise-on-us-china-trade-talks-and-opec-cuts.md) | +11.7% | +14.6% |
| WTI | 2019-12-16 | [Factbox: What is actually in the U.S.-China 'Phase One' trade deal?](https://feedsoft.ai/events/55443-factbox-what-is-actually-in-the-u-s-china-phase-one-trade-deal.md) | +0.6% | -3.3% |
| WTI | 2026-05-11 | [Canada Boosts Canola Exports to China Following Trade Agreement and Duty Reduction \| Tridge Insights](https://feedsoft.ai/events/19215-canada-boosts-canola-exports-to-china-following-trade-agreement-and-duty.md) | +10.3% | -4.0% |
| BRENT | 2019-01-09 | [Oil rises more than 2 pct on U.S.-China trade talk hope](https://feedsoft.ai/events/11168-oil-rises-more-than-2-pct-on-u-s-china-trade-talk-hope.md) | +3.2% | +6.9% |
| BRENT | 2019-01-04 | [Oil prices rise on US-China trade talks and OPEC cuts](https://feedsoft.ai/events/10834-oil-prices-rise-on-us-china-trade-talks-and-opec-cuts.md) | +11.9% | +13.9% |
| BRENT | 2021-10-22 | [China's CNOOC makes rare diesel imports, trading sources say](https://feedsoft.ai/events/44752-china-s-cnooc-makes-rare-diesel-imports-trading-sources-say.md) | -0.9% | -3.3% |

## Sources

- cp24.com: https://www.cp24.com/news/canada/2026/11/10/canadian-exports-to-china-surge-ahead-of-carney-visit/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.