In November, Canada's merchandise exports decreased 2.3%, in large part because of a decline in exports of energy products. Meanwhile, imports were down 2.1%, partly on lower imports of consumer goods. As a result, Canada's merchandise trade balance with the world went from a surplus of $130 million in October to a deficit of $41 million in November. Merchandise trade was thus essentially in balance in November, with the deficit representing 0.03% of total merchandise trade for the month. These recent narrow trade balances are within the typical bounds for monthly revisions to imports and exports.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).