Canada's int'l merchandise trade rises in November


By Lin Wei
  • World
  • Wednesday, 08 Jan 2025

OTTAWA, Jan. 7 (Xinhua) -- Canada's merchandise exports increased 2.2 percent and imports rose 1.8 percent in November, Statistics Canada said Tuesday.

The depreciation of the Canadian dollar had impacts on import and export values, said the national statistical agency.

According to the agency, the average value of the Canadian dollar decreased 1.1 U.S. cents in October, and then an additional 1.1 U.S. cents in November. Expressed in U.S. dollar, Canadian exports increased 0.8 percent from September to November, while imports fell 1 percent.

Exports to the United States rose 6.8 percent in November, while imports increased 4.1 percent. As a result, Canada's trade surplus with the United States widened to 8.2 billion Canadian dollars (5.7 billion U.S. dollars) in November, said the agency.

When international trade in goods and services was combined, exports rose 1.7 percent to 84.3 billion Canadian dollars (58.8 billion U.S. dollars) in November, while imports increased 1.4 percent to 84.9 billion Canadian dollars (59.2 billion U.S. dollars), said Statistics Canada.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In