In July, Canada's merchandise imports decreased 5.4%, while exports were up 0.7%. As a result, Canada's merchandise trade deficit with the world narrowed from a revised $4.9 billion in June to $987 million in July. 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 5.4% in July, the strongest percentage decline since January 2022. Overall, imports in 9 of 11 product sections decreased in July 2023 and, as was the case in May and June, imports of unwrought gold were central to the monthly ... (full story)