The Daily Tuesday, January 7, 2025
Press Release
Canadian international merchandise trade, November 2024
In November, Canada’s merchandise exports increased 2.2% and imports rose 1.8%. As a result, Canada’s merchandise trade deficit with the world narrowed from $544 million in October to $323 million in November.
Canadian international merchandise trade by mode of transport, 2023
Today, the introduction of a new data table for Canada’s international merchandise trade by mode of transport offers further insight into how goods move across Canada’s borders. Data by mode of transport can reveal the impact of disruptions in transportation, such as supply chain issues, labour disruptions and natural disasters. These data can be used to better inform strategic decision-making to improve not only the efficiency of supply chains and transportation systems, but also policy related to the transportation of goods.
Canadian international trade in services, November 2024
Canada’s monthly international trade in services deficit was essentially unchanged in November, at $0.3 billion. Overall, exports of services declined 0.2% to $18.2 billion, and imports of services edged down 0.1% to $18.5 billion.
IBF4
