Free Trial

Jan Trade Balance +CAD0.5B,  Imports Lowest Since Feb 2022

CANADA DATA
  • Exports -1.7% MOM third consecutive monthly decline; imports -3.8% vs +0.2% in Dec.
  • Trade balance is the fifth surplus in the past 6 months.
  • Exports -7.5% YOY; imports -6%.
  • Canadian exports and imports decrease with both the US and other countries.
  • Excluding US, deficit narrowed to -CAD8.3B from -CAD9.4B in Dec; US surplus widened slightly to +CAD8.8B from +CAD8.6B.
  • Dec trade balance revised from -CAD0.3B to -CAD0.86B.
64 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Exports -1.7% MOM third consecutive monthly decline; imports -3.8% vs +0.2% in Dec.
  • Trade balance is the fifth surplus in the past 6 months.
  • Exports -7.5% YOY; imports -6%.
  • Canadian exports and imports decrease with both the US and other countries.
  • Excluding US, deficit narrowed to -CAD8.3B from -CAD9.4B in Dec; US surplus widened slightly to +CAD8.8B from +CAD8.6B.
  • Dec trade balance revised from -CAD0.3B to -CAD0.86B.