Canadian international merchandise trade, September 2019

November 6, 2019

Canada's imports fell 1.7% in September, while exports declined 1.3%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.2 billion in August to $978 million in September.

Decline in gold imports
Total imports fell 1.7% to $50.8 billion in September. Declines were observed in 7 of 11 product sections, while the other sections posted modest increases. Total imports in the first nine months of the year were up 1.7% compared with the same period in 2018. In real (or volume) terms, imports were down 1.6% in September...

Declines in gold and crude oil exports
Total exports fell 1.3% to $49.8 billion in September, largely offsetting the increase in August. Decreases were observed in 7 of 11 product sections. Despite the monthly decrease, total exports since the beginning of 2019 were up 1.9% compared with the same period in 2018. Expressed in real (or volume) terms, exports declined 2.1% in September...

This has been excerpted from a 5 November 2019 release by Statistics Canada.

Topic(s)

International Trade and Border Management

Information source

Other Government Departments (OGDs)

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