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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

December 05, 2019
CANADA INTERNATIONAL MERCHANDISE TRADE, OCTOBER 2019

In October 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted) deficit narrowed to $1.1 billion. Exports are up 0.8% to $49.9 billion over September 2019, and are up 0.1% over October 2018. Imports are up 0.5% to $51.0 billion over September 2019, and are up 0.6% over October 2018.

 

YEAR-TO-DATE

In the period Jan-Oct 2019, the year-to-date Canadian merchandise trade deficit was $14.9 billion. Year-to-date goods Exports were valued at $499.0 billion and year-to-date goods Imports were valued at $513.9 billion.

 

TRADE PARTNERS

In October 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted), surplus with the United States widened to $5.5 billion.

In October 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted), deficit with China widened to $2.2 billion.

In October 2019, the Canadian merchandise trade (balance of payment basis, seasonally adjusted), deficit with the European Union widened to $1.3 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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