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The Daily Tuesday, February 6, 2018

Press Release

Canadian international merchandise trade, December 2017

Canada’s merchandise trade deficit with the world totalled $3.2 billion in December, widening from a $2.7 billion deficit in November. Imports rose 1.5% and exports were up 0.6%.

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Comparing Canadian and US bilateral trade in goods data, 2014, 2015 and 2016

In 2016, Canada reported a US$24.4 billion trade in goods surplus with the United States, while from the US perspective this surplus was reported as US$16.3 billion, a difference of US$8.1 billion. It may be expected that the bilateral trade statistics of one country would mirror those of its trading partners. In practice, this is rarely the case, as countries use different data sources and statistical methods. These factors can lead to differences or “asymmetries” when comparing the bilateral trade statistics of two countries, like Canada and the United States.

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Chain Fisher real export and import values, December 2017

The monthly chain Fisher real dollar values (reference year 2007) for Canadian international merchandise trade are available for December.

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Export and import price indexes, December 2017

Current-weighted and fixed-weighted export and import price indexes (2007=100) on a customs or balance of payments basis are now available, based on the 2007 North American Product Classification System.

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Farm product prices, December 2017

Prices received by farmers in December for grains, oilseeds, specialty crops, potatoes, cattle, hogs, poultry, eggs and dairy products are now available at the provincial level in CANSIM.

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New products

Canadian International Merchandise Trade Database, December 2017

Catalogue number Catalogue number65F0013X, (Database)

IBF4

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