Canadian international merchandise trade, August 2019

Canada's exports rose 1.8% in August, mainly due to an increase in exports of energy products and aircraft. Imports were up 1.0%, mostly on higher imports of gold and crude oil. As a result, Canada's merchandise trade deficit narrowed from $1.4 billion in July to $955 million in August.

Exports increase after two months of declines

Following two consecutive monthly declines, total exports increased 1.8% to reach $50.6 billion in August. Gains were observed in 8 of 11 product sections and non-energy exports were up 1.4%. Year-to-date total exports in 2019 were up 2.4% compared with the same period in 2018. Despite the August increase in nominal terms, exports in real (or volume) terms edged down 0.2%...

This has been excerpted from a 4 October 2019 release by Statistics Canada.