Statistics Canada announced that the country’s merchandise exports rose 4.2% in January to reach $67.0 billion. The increase was widespread in January, with all product sections increasing except energy products.<\/p>\n
Total imports increased 3.1% to $65.1 billion in January. Increases were observed in 6 of the 11 product sections, including motor vehicles and parts, industrial machinery, electronic and electrical equipment, and consumer goods.<\/p>\n
As a result, Canada’s merchandise trade surplus with the world widened from a revised $1.2 billion in December 2022 to $1.9 billion in January 2023.<\/p>\n
The Federal Agency reports that exports to countries other than the United States were up 7.2% in January, reaching a record $16.7 billion. Exports to China (canola oil and coal), the United Kingdom (gold) and Germany (aircraft and crude oil) posted the largest increases. Imports from those countries rose 4.6% in January. Imports from Mexico (trucks) and Switzerland (pharmaceutical products) led the increase. Canada’s trade deficit with countries other than the United States narrowed for a fifth consecutive month, edging down from $7.2 billion in December to $7.1 billion in January.<\/p>\n
Exports to the United States increased 3.3% in January, while imports from the same country rose 2.3%. As a result, Canada’s merchandise trade surplus with the United States widened from $8.4 billion in December to $9.0 billion in January. This is the second consecutive monthly widening of the trade surplus with the United States following six months of narrowing.<\/p>\n","protected":false},"excerpt":{"rendered":"
Statistics Canada announced that the country’s merchandise exports rose 4.2% in January to reach $67.0 billion. The increase was widespread in January, with all product sections increasing except energy products.<\/p>\n","protected":false},"author":15,"featured_media":3342,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[147],"types-de-nouvelles":[],"class_list":["post-6623","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\/6623","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=6623"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6623\/revisions"}],"predecessor-version":[{"id":6624,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6623\/revisions\/6624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/3342"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=6623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=6623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=6623"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=6623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}