Statistics Canada announced that Canada’s merchandise exports increased 5.5% in June, while imports rose 1.9%.<\/p>\n
As a result, Canada’s merchandise trade balance with the world moved from a deficit of $1.6 billion in May to a surplus of $638 million in June after three consecutive monthly deficits.<\/p>\n
The Federal agency notes that exports of crude oil and gold rose sharply in June and accounted for more than three-quarters of the increase in the value of total exports. Overall, 9 of the 11 product sections increased.<\/p>\n
Total imports increased to $66 billion in June, a level virtually identical to the all-time high seen in June 2022. Overall, increases were observed in 9 of the 11 product sections.<\/p>\n
Exports to the United States were up 2.6%, a third consecutive monthly increase, while imports from the United States rose 1.7%. As a result, Canada’s trade surplus with the United States widened from $8.8 billion in May to $9.4 billion in June, the largest surplus since November 2023.<\/p>\n
Exports to countries other than the United States rebounded 15.7% in June while imports from those countries posted a more modest increase of 2.1%. As a result, Canada’s trade deficit with countries other than the United States narrowed from $10.4 billion in May to $8.7 billion in June.<\/p>\n","protected":false},"excerpt":{"rendered":"
Statistics Canada announced that Canada’s merchandise exports increased 5.5% in June, while imports rose 1.9%.<\/p>\n","protected":false},"author":15,"featured_media":10176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[147],"types-de-nouvelles":[],"class_list":["post-10178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-statistics-canada"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/10178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=10178"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/10178\/revisions"}],"predecessor-version":[{"id":10179,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/10178\/revisions\/10179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/10176"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=10178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=10178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=10178"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=10178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}