Canada records largest monthly trade surplus with U.S. since 2005 despite convoy blockades


By Lin Wei
  • World
  • Wednesday, 06 Apr 2022

OTTAWA, April 5 (Xinhua) -- Canada's trade surplus with the United States widened from 9.7 billion Canadian dollars (7.8 billion U.S. dollars) in January to 10.3 billion Canadian dollars (8.3 billion U.S. dollars) in February, the largest trade surplus with the United States since December 2005 despite the trucker convoy blockages at some key border crossings, Statistics Canada said Tuesday.

Canada's exports to the United States rose 1.3 percent in February, while imports edged down 0.1 percent. When the average exchange rates of January and February are compared, the Canadian dollar depreciated 0.6 U.S. cents relative to the American dollar, Statistics Canada said.

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