Trade Info You Can Trust
Canadian international merchandise trade, July 2020
In July, Canadian merchandise imports and exports continued to build on the strong gains that were observed in June. Imports increased 12.7% in July, while exports rose 11.1%. The largest contributor to this growth for both imports and exports was the motor vehicles and parts product category. Compared with February 2020, the month before the COVID-19 pandemic's economic impact was felt in Canada, imports (-4.1%) and exports (-6.0%) were down.
Canada's merchandise trade deficit with the world widened from $1.6 billion in June to $2.5 billion in July...
This has been excerpted from a 3 September 2020 release by Statistics Canada.