Canadian international merchandise trade, September 2013
from Canadian International Freight Forwarders Association
Canada's merchandise exports grew 1.8 percent while imports edged up 0.2 percent in September. As a result, Canada's trade deficit with the world narrowed from $1.1 billion in August to $435 million in September. Exports increased to $40.6 billion on the strength of energy products as well as aircraft and other transportation equipment and parts. Overall, volumes were up 1.7 percent.
Imports edged up to $41.1 billion, as gains in energy products and consumer goods were partially offset by declines in basic and industrial chemical, plastic and rubber products as well as aircraft and other transportation equipment and parts. Import prices were up 0.4 percent while volumes were down 0.2 percent.
Exports to the United States increased 1.0 percent to $30.5 billion on higher exports of aircraft. Imports from the United States were up 0.9 percent to $26.2 billion. Consequently, Canada's trade surplus with the United States rose from $4.2 billion in August to $4.3 billion in September.
Exports to countries other than the United States rose 4.2 percent to $10.1 billion; the European Union (+21.0 percent) was the main contributor to the increase. Imports from countries other than the United States declined 1.1 percent to $14.8 billion, with the largest decrease reported for the principal trading area "all other countries". As a result, Canada's trade deficit with countries other than the United States narrowed from $5.3 billion in August to $4.7 billion in September.
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