Trade Info You Can Trust
Canadian international merchandise trade, June 2020
In June, Canadian merchandise imports and exports rebounded sharply, mostly on the strength of motor vehicles and parts. Imports rose 21.8% and exports were up 17.1%. However, compared with February 2020, the month before the pandemic's economic impact was felt in Canada, imports were down 14.3% and exports decreased 17.9%.
Canada's merchandise trade deficit with the world widened from $1.3 billion in May to $3.2 billion in June.
In real (or volume) terms, imports were up 28.3% in June, while real exports increased 10.6%. Import prices were down 5.1%, while export prices rose 5.9%...
This has been excerpted from an 8 August 2020 release by Statistics Canada.