OTTAWA — Canada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November, Statistics Canada said…
Statistics Canada said exports in December fell 1.2 per cent in the month to $63.0 billion. Energy exports fell 7.6 per cent to $14.3 billion, while exports of farm, fishing and intermediate food products dropped 9.9 per cent to $5.3 billion.
In volume terms, total exports in December rose 0.9 per cent, while import volumes fell 1.9 per cent. For the whole of 2022, Statistics Canada said the country posted a merchandise trade surplus of $20.1 billion, up from a surplus of $4.6 billion in 2021.
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