Thursday, June 10, 2010

Canada Has Small Trade Surplus…

(Reuters – David Ljunggren)

Canada recorded a smaller than expected trade surplus in April as a strong domestic currency hurt exports and demand for Canadian goods outside of the United States fell, government data showed on Thursday. […]

Statistics Canada said the nation notched a trade surplus of C$175 million ($168 million) in April after a revised C$236 million deficit for March. Analysts surveyed by Reuters had expected a surplus of C$500 million following the original report of a C$254 million surplus in March.

The value of exports dropped by 1.0% to C$32.93 billion, the second consecutive monthly decline, on a fall in the value of industrial goods and materials. […] Read more here.

See the Statistics Canada website for Canadian International Merchandise Trade and Export and Import Price Indexes,