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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

September 04, 2019
CANADA INTERNATIONAL MERCHANDISE TRADE, JULY 2019

In July 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted) balance was a deficit of $1.1 billion. Exports are down 0.9 per cent to $49.8 billion over June 2019, and are down 2.9 per cent over July 2018. Imports are up 1.2 per cent to $50.9 billion over June 2019, and are down 0.7 per cent over July 2018.

 

YEAR-TO-DATE

In the period Jan-Jul 2019, the year-to-date Canadian merchandise trade deficit reached $10.6 billion. Year-to-date goods Exports were valued at $350.1 billion and year-to-date goods Imports were valued at $360.6 billion.

 

TRADE PARTNERS

In July 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted), surplus with the United States narrowed to $4.6 billion.

In July 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted), deficit with China widened to $1.8 billion.

In July 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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