canada trade deficit narrows in june
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
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*

canada trade deficit narrows in june canada trade deficit narrows in june

 



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*

canada trade deficit narrows in june canada trade deficit narrows in june

 



GMT 11:40 2018 Friday ,05 January

Zuckerberg makes 'fixing' Facebook a personal goal

GMT 01:05 2014 Thursday ,13 February

Flora

GMT 21:50 2017 Wednesday ,25 October

Abdullah bin Zayed visits WorldSkills Abu Dhabi 2017

GMT 16:33 2017 Tuesday ,04 July

Hany Ramzy happy for positive reactions

GMT 20:11 2018 Wednesday ,05 December

EU wants INF Treaty 'preserved and fully implemented'

GMT 21:01 2018 Sunday ,25 November

Oil prices plummet amid U.S. drilling rigs down

GMT 13:01 2016 Sunday ,28 August

China's Top 500 Firms Report First Revenue Decline

GMT 04:46 2014 Thursday ,11 December

Taliban suicide blast kills 6 Afghan soldiers in Kabul

GMT 11:10 2018 Wednesday ,17 January

MP Hariri welcomes Sho
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday