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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 02, 2019
CANADA INTERNATIONAL MERCHANDISE TRADE, JUNE 2019

In June 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted) surplus narrowed to $135.8 million. This is the third monthly trade surplus reported since December 2016. Exports are down 5.1% to $50.3 billion over May 2019, and are down 0.9% over June 2018. Imports are down 4.3% to $50.2 billion over May 2019, and are down 2.7% over June 2018.

 

YEAR-TO-DATE

In the period Jan-Jun 2019, the year-to-date Canadian merchandise trade deficit reached $9.3 billion. Year-to-date goods Exports were valued at $300.5 billion and year-to-date goods Imports were valued at $309.8 billion.

 

TRADE PARTNERS

In June 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted) surplus with the United States narrowed to $5.7 billion.

In June 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted) deficit with China widened to $1.7 billion.

In June 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted) deficit with the European Union narrowed to $1.1 billion.

 

Source: Statistics Canada

Table  12-10-0011-01   International merchandise trade for all countries and by Principal Trading Partners, monthly (x 1,000,000)

Table  12-10-0121-01   International merchandise trade by commodity, monthly (x 1,000,000)



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