Arab Today, arab today canada posts 3rd monthly trade surplus
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

Canada posts 3rd monthly trade surplus

Arab Today, arab today

Arab Today, arab today Canada posts 3rd monthly trade surplus

Ottawa - UPI

Canada posted its third straight month of trade surplus in January despite decreases in both imports and exports, Statistics Canada reported Friday. Exports decreased 2.3 percent to $41.4 billion in January, while imports dipped 0.6 percent to $39.3 billion, the agency said. That narrowed Canada\'s international trade surplus to $2.1 billion from $2.9 billion in December. \"Exports to the United States edged up 0.3 percent to $30.6 billion in January, largely on the strength of crude petroleum,\" StatsCan said. \"Imports from the United States declined 0.3 percent to $24.5 billion. \"Consequently, Canada\'s trade surplus with the United States increased from $5.9 billion in December to $6.1 billion in January.\" Exports to countries other than the United States fell 9 percent to $10.8 billion in January, while imports from those countries decreased 0.9 percent to $14.8 billion. \"Canada\'s trade deficit with countries other than the United States increased from $3 billion in December to $4 billion in January,\" the report said.  

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