Furthermore,
Commercial deficit goods widened:
As a result, the deficit increased from $ 5.5 billion in May to $ 5.9 billion in June, according to data published this Tuesday by Statistics Canada.
For the increase in imports in June. Nevertheless, the first in four months, is mainly due to a high -value punctual import, namely the machines, equipment and industrial parts.
This sector experienced a spectacular increase of +27.7 %, contributing the overall increase, said Statistical Canada. Meanwhile,
As for total exports, they increased for a second consecutive month in June (+0.9 %), after a sharp drop in April (-11.3 %).
However, in real terms (volume), exports fell 0.4 %, suggesting that the increase is partly due to the price increase, precise statistical Canada.
Energy products represent the main sector of export growth in June, with an increase of +3.8 %, the first since January.
As for trade commercial deficit goods widened by geographic partners, exports to the United States increased by 3.1 % in June, although it was 12.5 % lower than June 2024. Imports from the United States increased by 2.6 %.
Canada’s trade surplus with the United States has therefore increased, from $ 3.6 billion in May to $ 3.9 billion in June.
In addition, the trade deficit with countries other than the United States has widened, going from $ 9.1 billion in May to $ 9.8 billion in June.
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commercial deficit goods widened — Commercial deficit goods widened: As a result, the deficit increased from $ 5.5 billion in May to $ 5.9 billion in June, according to data published this Tuesday by Statistics Canada. For the increase in imports in June, the first in four months, is mainly due to a commercial deficit goods widened high -value .
Commercial deficit goods widened
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