Canadian exports rose in June after several months of declines, Statistics Canada reported August 7.
Exports increased by 1.4%, led by metals and metal alloys, passenger cars, trucks and aircraft. Imports rose by 0.6%.
Exports of forestry products were down 7.3%. Pulp and paper products showed the highest decrease, but exports of lumber also dropped.
Canada imported 20.1% more energy products in June, compared with a 33.5% drop in May. Imports of crude oil and bitumen increased 53%, while imports of refined petroleum fell 15.1%. Canada is increasingly importing crude oil and bitumen from countries other than the United States.
Exports to the U.S. grew 1.5%, while imports from the U.S. dropped 0.8%.
Statistics Canada calculates that Canada’s trade deficit with the rest of the world dropped to $469 million in June, down from $781 million in May.
