- Prior was +5.32B
Details:
- Exports 69.9B vs 68.44B prior
- Imports 64.9B vs 63.1B prior
- Exports +2.0%, imports +1.7%
- Exports rose for the sixth consecutive month
- Exports up in 8 of 11 product sections led by oil and metals
- Surplus with the USA +13.2B vs +13.6B prior
Canadian trade is currently strong but if the global economy slows dramatically, trade flows will dry up.