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				US trade dips; imports from other countries hit record high
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					Posted: 
					
						Aug 11, 2011 12:18 PM
					
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					Last Updated: Mar 27, 2012 08:31 AM
				
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				<p>OTTAWA -- Canada's merchandise exports fell 1.7 percent in June while imports decreased ever-so-slightly by 0.2 percent.</p>
<p>Exports fell to $36.5 billion, largely the result of declines in energy and automotive products. Volumes, which decreased 2.2 percent, were down in five out of seven sectors.</p>
<p>Merchandise imports declined to $38.0 billion, led by energy products.</p>
<p>Exports to the U.S., specifically, slumped 2.4 percent to $26.5 billion, while imports fell 2.3 percent to $22.8 billion.</p>
<p>Imports from countries other than the United States increased 3.1 percent to a record high of $15.2 billion, however.</p>
<p>Non-U.S. exports also edged up 0.3 percent to $10.0 billion.</p>
<p>Canada's trade deficit with countries other than the United States widened from $4.8 billion in May to a record $5.2 billion in June.&nbsp;</p>
			
				
				
			
				
				
			
			
			
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