Canadian international merchandise trade, November 2018

January 10, 2019

Canadian exports fell 2.9% in November, mainly on lower crude oil exports, while imports decreased 0.5%. As a result, Canada's merchandise trade deficit with the world widened from $851 million in October to $2.1 billion in November.

Total exports fell 2.9% to $48.3 billion in November, a fourth consecutive monthly decline. Export volumes were down 1.8% while prices fell 1.1%. Exports were down in 8 of 11 sections in November and, as was the case in October, energy products contributed the most to the decline. Exports excluding energy products decreased 1.4%....

This has been excerpted from a 8 January 2019 release by Statistics Canada.

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