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Canadian international merchandise trade, January 2022
In January, Canada's merchandise imports fell 7.4%, with decreases observed in nearly all product sections. This follows three months of strong growth for total imports. Meanwhile, exports edged down 0.2%, mainly on lower exports of passenger cars and light trucks. As a result, after posting its first deficit in seven months in December 2021, Canada's merchandise trade balance swung back into a surplus position in January 2022. It went from a $1.6 billion deficit in December to a $2.6 billion surplus in January 2022. Consult the "International trade monthly interactive dashboard" to explore the most recent results of ... (full story)