Canadian international merchandise trade, November 2019

January 7, 2020

Canada's merchandise exports declined 1.4% in November to $48.7 billion, while imports were down 2.4% to $49.8 billion. As a result, Canada's merchandise trade deficit with the world narrowed from $1.6 billion in October to $1.1 billion in November.

Widespread declines across export and import products coincided with disruptions in Canadian rail transportation. Customs basis data for November (not seasonally adjusted) showed a stronger decline in trade by rail compared with data for the same month in recent years. This was particularly true for exports, where the 2019 figure was the lowest November value since 2013. Rail is also an important mode for inland shipment within Canada for goods arriving or exiting by other modes of transportation...

This has been excerpted from a 7 January 2020 release by Statistics Canada.

Topic(s)

International Trade and Border Management

Information source

Other Government Departments (OGDs)

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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.

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