Despite transportation disruptions caused by flooding and landslides in British Columbia in November, total exports increased 3.8%, while imports rose 2.4%. As a result, Canada's merchandise trade surplus widened from $2.3 billion in October to $3.1 billion in November.
Exports of pharmaceutical products rise sharply
Following a record high in October, total exports rose 3.8% in November to $58.6 billion, the fifth increase in six months. Gains were observed in 8 of the 11 product sections. In real (or volume) terms, total exports rose 3.5%...
Record-high exports and imports with the United States
Following a 7.5% increase in October, exports to the United States rose 6.4% in November to a record high $45.2 billion. Meanwhile, imports from the United States were up 4.9% to $35.4 billion, also a record. This followed a 7.7% gain in October. Both November increases were partly influenced by higher trade in pharmaceutical products. Canada's trade surplus with the United States widened from $8.8 billion in October to $9.8 billion in November, the largest trade surplus since January 2006...
This has been excerpted from a 6 January 2022 release by Statistics Canada.