Canadian international merchandise trade, May 2019

Submitted by admin on Sat, 07/06/2019 - 09:08

Canada's merchandise trade balance with the world was in a surplus position in May for the second time since December 2016. The $762 million surplus in May followed a $1.1 billion deficit in April. Exports rose 4.6% in May, in part due to an increase in exports of motor vehicles. Imports were up 1.0%, mainly on higher imports of aircraft.

In real (or volume) terms, exports increased 4.0% and imports were up 1.2%.

This has been excerpted from a 3 July 2019 release by Statistics Canada.