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Thursday, May 30, 2024

Threepeat Decline for Canadian Exports-Imports

(May 17, 2012) — Canada’s merchandise exports edged down in March for a third consecutive month to $39.5 billion, as prices fell 1.3 percent.

Exports of energy products led the overall decline, partially offset by increases of industrial goods and materials as well as machinery and equipment.

Imports, meanwhile, declined to $39.1 billion, also as a result of lower imports of energy products and industrial goods and materials. All remaining sectors registered increases.

Exports to the U.S. specifically fell 2.1 percent to $28.7 billion, the third consecutive monthly decrease. Imports also declined, down 1.4 percent to $24.1.

Exports to countries other than the U.S.  rose 4.5 percent to $10.8 billion and imports increased 0.8 percent to $15.1 billion.