Canada international merchandise trade data for October 2020

  • prior report
  • trade balance -3.76 billion vs. -3.82 billion last month
  • trade surplus with the US of 3.05 billion vs. 1.69 billion in September
  • China trade deficit of -2.53 billion vs. -1.46 billion and September
  • total exports 46.47 billion vs. 45.48 billion last month. Up 2.2%
  • total imports 50.23 billion vs. 49.3 billion last month. Up 1.9%
  • energy exports increase 7.8%, down -28.5% year on year
  • 9 energy exports increase 1.3%, up 0.6% year on year
  • largest upside contributor to exports was consumer goods
  • largest downside contributor to exports was motor vehicle
  • imports of machinery and equipment rose by 3.9%, -2.9% year on year
Canada international trade deficit