OTTAWA -- Statistics Canada says the country's merchandise trade deficit with other countries increased to $2.1 billion in November compared with $851 million in October.
Economists had expected a deficit of $1.95 billion, according to Thomson Reuters Eikon.
The increase in the trade deficit came as total exports fell 2.9 per cent to $48.3 billion in November, the fourth consecutive monthly decline.
Exports were down in eight of 11 sections, led by energy products due to a drop in oil prices. Excluding energy products, exports fell 1.4 per cent.
Meanwhile, total imports fell 0.5 per cent to $50.4 billion in November as imports dropped in seven of 11 product sections.
Imports of motor vehicles and parts fell 2.8 per cent to $8.9 billion, while imports of metal ores and non-metallic minerals fell 18.6 per cent to $1.1 billion.
Let's block ads! (Why?)
Bagikan Berita Ini
Related Posts :
Canada preparing next move in Bombardier case after U.S. confirms hefty duties
Ross Marowits, The Canadian Press</span>
Published Wednesday, December 20, 2017 2:40PM EST
La… Read More...
Consumer price index in November up 2.1 per cent from year ago[unable to retrieve full-text content]
Statistics Canada says the consumer price index was up 2.1 pe… Read More...
Price-fixing cases 'common' as rewards outweigh risks, experts say
Aleksandra Sagan, The Canadian Press</span>
Published Thursday, December 21, 2017 6:35AM EST
… Read More...
Asian stocks lower as U.S. tax passage fails to impress
Kelvin Chan, The Associated Press</span>
Published Thursday, December 21, 2017 2:20AM EST
HO… Read More...
Fiscal pros say Canada corporate tax cut unexpected after U.S. tax reform
Alexander Panetta, The Canadian Press</span>
Published Thursday, December 21, 2017 6:29AM EST… Read More...
0 Response to "Statistics Canada reports trade deficit hits $2.1 billion in November"
Post a Comment