Canada June international merchandise trade -3.19B vs -0.90B expected

Author: Adam Button | Category: News

Canada trade balance data

Canada trade
  • Prior was -0.68B
  • Imports +21.8% m/m
  • Exports +17.1% m/m
  • Compared to Feb, imports down 14.3%
  • Compared to Fed, exports down 17.9%
Imports of motor vehicles and parts represented almost half of the improvement in imports in the month.

This was a pretty big miss but the loonie barely moved.
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