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				Cnd export-imports slip after consecutive gains
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					Posted: 
					
						Apr 12, 2011 10:35 AM
					
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					Last Updated: Mar 27, 2012 08:33 AM
				
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				<p>OTTAWA &ndash; Lower volumes of automotive products and energy products caused Canada's merchandise exports and imports to fall in February.</p>
<p>After four consecutive months of growth, exports fell 4.9 percent to $35.9 billion while imports decreased 4 percent to $35.8 billion, <a target="_blank" href="http://www.statcan.gc.ca">Stats Canada</a> reports.</p>
<p>Although volumes declined in all sectors, energy products (-8.1%) and automotive products (-12.4%) were the main contributors.</p>
<p>As was the case with exports, falling volumes of automotive products (-12.4%) and energy products (-12.7%) accounted for most of the decline.</p>
<p>Imports from the U.S. specifically fell 6.1 percent, while exports dipped 3.5 percent.</p>
<p>Exports to countries other than the U.S. fell 8.5 percent, mostly a result of lower exports of precious metals to the European Union. </p>
			
				
				
			
				
				
			
			
			
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