Statistics Canada announced that Canada’s merchandise exports increased 2.6% in December, while imports were up 0.6%. As a result, Canada’s merchandise trade deficit with the world narrowed from $2.6 billion in November to $1.3 billion in December.<\/p>\n
The Federal Agency notes that the December rise in exports follows a 2.2% decrease in November. Despite the increase, declines were observed in 7 of the 11 product sections. As was the case in recent months, exports of metal and non-metallic mineral products (+18.0%) posted the largest monthly variation. Excluding exports of this product section, exports edged down 0.2% in December.<\/p>\n
Import gains were observed in 6 of the 11 product sections. Imports of motor vehicles and parts were up 5.1% in December, mainly because of higher imports of passenger cars and light trucks.<\/p>\n
After falling in the previous two months, exports to the United States increased 1.1% in December. Meanwhile, imports from the United States were up 3.5%. As a result, Canada’s merchandise trade surplus with the United States narrowed from $6.5 billion in November to $5.7 billion in December.<\/p>\n
Exports to countries other than the United States rose 5.8% in December to reach an all-time high. Increased shipments of unwrought gold to the United Kingdom contributed the most to the growth in the month. Imports from countries other than the United States fell 3.0% in December, with widespread decreases observed across various countries. Canada’s trade deficit with countries other than the United States narrowed from $9.0 billion in November to $7.0 billion in December.<\/p>\n
<\/p>\n
Statistics Canada announced that Canada’s merchandise exports increased 2.6% in December, while imports were up 0.6%. As a result, Canada’s merchandise trade deficit with the world narrowed from $2.6 billion in November to $1.3 billion in December.<\/p>\n","protected":false},"author":15,"featured_media":14175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[147],"types-de-nouvelles":[],"class_list":["post-14598","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\/14598","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=14598"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/14598\/revisions"}],"predecessor-version":[{"id":14599,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/14598\/revisions\/14599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/14175"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=14598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=14598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=14598"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=14598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}