• Canada's exports rose 1.6% to a record $48.6 billion in April

Market news

6 June 2018

Canada's exports rose 1.6% to a record $48.6 billion in April

Canada's exports rose 1.6% to a record $48.6 billion in April, while imports were down 2.5% to $50.5 billion. As a result, Canada's merchandise trade deficit with the world narrowed from $3.9 billion in March to $1.9 billion in April.

In real (or volume) terms, exports rose 1.2% and imports fell 2.4%.

Exports increased 1.6% to a record $48.6 billion in April, the sixth increase over the past seven months. Higher exports of metal and non-metallic mineral products, consumer goods and energy products were partially offset by lower exports of aircraft and other transportation equipment and parts. Year over year, total exports rose 3.1%.

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