{"id":14598,"date":"2026-02-24T19:55:45","date_gmt":"2026-02-24T19:55:45","guid":{"rendered":"https:\/\/axxessintl.com\/?p=14598"},"modified":"2026-02-24T19:55:45","modified_gmt":"2026-02-24T19:55:45","slug":"canadas-merchandise-trade-deficit-narrows-to-1-3-billion-in-december","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/canadas-merchandise-trade-deficit-narrows-to-1-3-billion-in-december\/","title":{"rendered":"Canada&#8217;s merchandise trade deficit narrows to $1.3 billion in December"},"content":{"rendered":"<p>Statistics Canada announced that Canada&#8217;s merchandise exports increased 2.6% in December, while imports were up 0.6%. As a result, Canada&#8217;s merchandise trade deficit with the world narrowed from $2.6 billion in November to $1.3 billion in December.<!--more--><\/p>\n<p>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<p>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<p>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&#8217;s merchandise trade surplus with the United States narrowed from $6.5 billion in November to $5.7 billion in December.<\/p>\n<p>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&#8217;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>&nbsp;<\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Statistics Canada announced that Canada&#8217;s merchandise exports increased 2.6% in December, while imports were up 0.6%. As a result, Canada&#8217;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"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canada&#039;s merchandise trade deficit narrows to $1.3 billion in December - Axxess International<\/title>\n<meta name=\"description\" content=\"Statistics Canada announced that Canada&#039;s merchandise exports increased 2.6% in December, while imports were up 0.6%. 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