2. SUMMARY
• CANADA'S EXPORTS INCREASED 3.4% TO $42.7 BILLION IN JULY. EXPORT
VOLUMES WERE UP 3.7%, WHILE PRICES WERE DOWN 0.3%. IMPORTS EDGED
DOWN 0.1% TO $45.2 BILLION, AS VOLUMES WERE DOWN 1.2% AND PRICES
WERE UP 1.1%. AS A RESULT, CANADA'S MERCHANDISE TRADE DEFICIT WITH THE
WORLD NARROWED FROM A RECORD $4.0 BILLION IN JUNE TO $2.5 BILLION IN
JULY.
• SOURCE – STATS CANADA