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Canadian international merchandise trade, June 2021

In June, a sharp increase in exports resulted in Canada's merchandise trade balance returning to a surplus position, reaching $3.2 billion. This follows a $1.6 billion deficit in May. Exports of goods rose 8.7% in June, while imports decreased 1.0%.

Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format.

Record high in exports

Total exports reached a record $53.8 billion in June, up 8.7% or $4.3 billion compared with the previous month. Excluding the strong fluctuations of 2020, the increase in value in June was the largest on record. Exports were up in 9 of the 11 product sections and non-energy exports rose 5.5%. In real (or volume) terms, total exports increased 7.0%...

This has been excerpted from a 5 August 2021 release by Statistics Canada.

Topic(s)

International Trade and Border Management

Information source

Other Government Departments (OGDs)
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.