Canada's foreign trade deficit declined in September
Canada's trade deficit fell in September to $ 927 million compared with $ 2.0 billion in the previous month.
Exports in September rose by 3,5% to $ 30.3 billion the volume of exports of Canadian goods and services continuously decreased from July 2008 and reached its minimum in May of this year. After this index rose in three of the last four months.
Automobiles, industrial goods and materials, products, machinery and equipment was the main sources of export growth in the reporting period.
The volume of imports into Canada fell in September to 0.1% to $ 31.2 billion, however, a decrease in imports in August and September failed to smooth out the sharp increase in the indicator, which was recorded in July this year.
Exports in September rose by 3,5% to $ 30.3 billion the volume of exports of Canadian goods and services continuously decreased from July 2008 and reached its minimum in May of this year. After this index rose in three of the last four months.
Automobiles, industrial goods and materials, products, machinery and equipment was the main sources of export growth in the reporting period.
The volume of imports into Canada fell in September to 0.1% to $ 31.2 billion, however, a decrease in imports in August and September failed to smooth out the sharp increase in the indicator, which was recorded in July this year.
The trade deficit in the United States rose sharply in September
According to the U.S. Department of Commerce, the country's foreign trade deficit increased in September at 18.2% to $ 36.5 billionThe published value of the index has surpassed forecasts of experts, who expected that the deficit will be $ 32.0 billion, is the most significant increase in the monthly trade deficit in percentage terms since February 1999.
In September, the volume of imports grew faster than export volumes. Foreign Trade Activity was restored to near pre-crisis level - the fall of 2008.
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