Statistics Canada says the country posted a merchandise trade surplus of $3.2 billion in June as exports rose and imports fell.
says the country posted a merchandise trade surplus of $3.2 billion in June as exports rose and imports fell.Total exports increased 8.7 per cent to reach a record $53.8 billion in June, with gains in nine of 11 subsectors that included a 22.9 per cent rise in exports of energy products.
Excluding the strong fluctuations of 2020, June's $4.3 billion increase in export value was the largest on record. Meanwhile, total imports for the month decreased one per cent to $50.5 billion, led by a 3.7-per-cent decline in consumer goods imports.This report by The Canadian Press was first published Aug. 5, 2021.
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