Statistics Canada says the country's merchandise trade surplus narrowed to $1.6 billion in November as imports rose and exports fell. A shipping container is loaded onto a ship in the Port of Montreal, Tuesday, Sept.19, 2023. (Photo: Canadian Press)
Statistics Canada reports merchandise trade surplus $1.6 billion in November
Jan 9, 2024 | 8:30 AM
-
Share on Facebook
-
Share on Bluesky
-
Share on X
- Copy Link
OTTAWA, ON – Statistics Canada says the country’s merchandise trade surplus narrowed to $1.6 billion in November as imports rose and exports fell.
The result compared with a revised surplus of $3.2 billion in October. The initial reading for October released last month had been for a surplus of $3.0 billion.
For November, total imports rose 1.9 per cent, helped by an 11.6 per cent increase in imports of energy products, boosted by imports of uranium from Kazakhstan.
Imports of refined petroleum energy products also rose 18.8 per cent, on higher imports of gasoline and aviation fuel from the United States
