In January, Canada's merchandise imports decreased 3.8%, while exports fell 1.7%. As a result, Canada's merchandise trade balance changed position for a second consecutive month, moving from a deficit of $863 million in December to a surplus of $496 million in January. The January surplus is close to the typical bounds for monthly revisions to imports and exports. Consult the "International trade monthly interactive dashboard" to explore the most recent results of Canada's international trade in an interactive format. Total imports decreased 3.8% in January to $61.8 billion, the lowest level since February 2022. ... (full story)