{"id":6126,"date":"2022-12-13T14:40:42","date_gmt":"2022-12-13T14:40:42","guid":{"rendered":"https:\/\/axxessintl.com\/?p=6126"},"modified":"2022-12-13T14:40:42","modified_gmt":"2022-12-13T14:40:42","slug":"canadas-merchandise-trade-surplus-rises-to-1-2-billion-in-october","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/canadas-merchandise-trade-surplus-rises-to-1-2-billion-in-october\/","title":{"rendered":"Canada’s merchandise trade surplus rises to $1.2 billion in October"},"content":{"rendered":"

Statistics Canada announced that the country’s merchandise exports rose 1.5% in October, while imports increased 0.6%.<\/p>\n

As a result, Canada’s merchandise trade surplus with the world widened from $607 million in September to $1.2 billion in October.<\/p>\n

The Federal Agency reports that total exports rose to $67.0 billion in October. Gains were observed in 8 of the 11 product sections. Exports of consumer goods (+9.7%) were the largest contributor to the overall increase in exports in October. Total imports were reached $65.8 billion in October, with increases observed in 6 of the 11 product sections. Imports of motor vehicles and parts (+4.6%) posted the largest increase.<\/p>\n

Exports to countries other than the United States increased 2.2% in October, led by higher exports to China, South Korea and Italy. . Imports from countries other than the United States were up 1.8%. Canada’s trade deficit with countries other than the United States widened slightly from $8.7 billion in September to $8.8 billion in October.<\/p>\n

Exports to the United States increased 1.3% in October, while imports from that country edged down 0.1%. As a result, after four consecutive monthly decreases, the merchandise trade surplus with the United States widened from $9.3 billion in September to $10.0 billion in October.<\/p>\n","protected":false},"excerpt":{"rendered":"

Statistics Canada announced that the country’s merchandise exports rose 1.5% in October, while imports increased 0.6%.<\/p>\n","protected":false},"author":5,"featured_media":3129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[147],"types-de-nouvelles":[],"class_list":["post-6126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-statistics-canada"],"yoast_head":"\nCanada's merchandise trade surplus rises to $1.2 billion in October - Axxess International<\/title>\n<meta name=\"description\" content=\"Statistics Canada announced that the country's merchandise exports rose 1.5% in October, while imports increased 0.6%. 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