Arab Today, arab today canada trade deficit narrows in june
Last Updated : GMT 22:49:43
Arab Today, arab today
Arab Today, arab today

Canada trade deficit narrows in June

Arab Today, arab today

Arab Today, arab today Canada trade deficit narrows in June

Canada's trade deficit narrowed in June
Ottawa - AFP

Canada's trade deficit narrowed in June to Can$476 million (US$ 361 million) as exports rose 6.3 percent thanks in part to a weakening Canadian dollar, Statistics Canada said Wednesday.

The improvement, from a Can$3.4 billion deficit in May, was much better than anticipated. Analysts had expected the deficit to come down to only Can$2.9 billion.

The volume of exports rose 4.8 percent in June, after declining for five consecutive months, the agency said.

Sales to the United States led the rise in exports, which climbed 7.1 percent to Can$34.2 billion, while imports from the United States declined 0.9 percent to Can$29.5 billion.

Exports to countries other than the United States increased 3.8 percent to Can$10.4 billion.

Exports of consumer goods were up 17.2 percent, led by pharmaceuticals (41.7 percent), packaged seafood products (128.9 percent) and miscellaneous goods and supplies (17.1 percent) on higher volumes.

The energy sector, which has been hit hard by falling oil prices over the past year, rebounded in June with a 3.7 percent increase in exports to Can$7.9 billion due to higher prices.

Exports of forestry products and construction and packaging materials rose 9.2 percent to Can$3.4 billion.

Imports declined by Can$45.1 billion in the month, led by reduced imports of aircraft and transportation equipment (19 percent) and energy products (10.4 percent).

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canada trade deficit narrows in june Arab Today, arab today canada trade deficit narrows in june

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canada trade deficit narrows in june Arab Today, arab today canada trade deficit narrows in june

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday