Exports rose 0.5 percent to a record CAD 46.5 billion. Higher exports of motor vehicles and parts (7.7 percent), as well as farm, fishing, and intermediate food products (12.8 percent) were the largest contributors to the increase. Also, canola exports jumped 38.4 percent to a record high of CAD 845 million, reflecting higher Chinese demand for Canadian canola.
Exports to the United States rose 2.3 percent to CAD 34.6 billion, led by higher exports of passenger cars and light trucks. Exports to countries other than the United States fell 4.4 percent to CAD 11.8 billion. Lower exports to Switzerland (-CAD 298 million) and Spain (-CAD 200 million) contributed to the decline, both due to fewer aircraft sales.
Imports from the United States went up 0.3 percent to CAD 30.1 billion. Imports from countries other than the United States decreased 1.3 percent to CAD 15.5 billion. Imports from Japan fell 27.2 percent, on lower purchases of passenger cars and light trucks.
Year-over-year, exports rose 1.8 percent while imports were down 2.1 percent.