Canada posts 1st trade surplus in 10 months of C$708 million

Canada posts first trade surplus in ten months of C$708 million
Canada saw its first trade surplus in ten months in December as exports continued to expand faster than imports, led by higher energy product exports, higher crude oil prices and partly by weaker local currency,
Canada’s Trade Surplus With US Highest Since 2022 on Oil
Canada’s energy exports to the US jumped at the end of last year, pushing the country’s trade surplus with its biggest customer to the highest in more than two years.
Statistics Canada says merchandise trade surplus $708 million in December
OTTAWA — Statistics Canada says the country's merchandise trade surplus with the world was $708 million in December.
Canada's December Trade Surplus: Energy Exports Drive Growth
Canada recorded its first trade surplus in ten months in December, reaching C$708 million, driven by increased energy exports and higher crude oil prices. The surplus with the U.S. grew, while imports fell slightly.
Canada Trade Surplus C$708B In Dec
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.
Canada posts first trade surplus in ten months in December as exports continue to expand
The December trade surplus was at $708-million, from a revised deficit of $986-million the prior month, helped by an 4.9% growth in exports, Statistics Canada said
Thailand Weighs Imports of More US Goods to Cut Trade Surplus
Thailand is set to increase imports of US ethane and agricultural products, a government official said, in a bid to prevent ...
Global Finance4d
China Trade Surplus Surges To A Record
China’s trade surplus hit a record high in 2024, a symbolically potent $1 trillion. The optics of that rounded-up figure—the ...
Forex Factory25m
Canadian international merchandise trade, December 2024
Canada's merchandise exports increased 4.9% and imports were up 2.3%. As a result, Canada's merchandise trade balance with ...
Canada posts first trade surplus in 10 months of $708 million
Canada saw its first trade surplus in ten months in December as exports continued to expand faster than imports, led by ...
Trump says Americans could feel ‘some pain’ from his new tariffs that are triggering a trade war
The trade penalties that Trump signed Saturday at his Florida resort caused a mix of panic, anger and uncertainty, and ...
Zawya2d
Oman’s trade surplus hits $18.18bln by November 2024
The UAE continued to be Oman’s largest non-oil trading partner in 2024. Oman’s non-oil exports to the UAE during the first 11 ...
Politico Europe2d
Boosting EU demand and a stronger euro would prevent trade war
With Trump imposing tariffs on Mexico, Canada and China, finding ways to avert a trade war between the U.S. and Europe must ...