According to Statistics Canada, Canada's exports increased 1.5 percent to $41.8 billion in April. Export prices were up 1.1 percent and volumes rose 0.5 percent. Imports increased 0.9 percent to $44.7 billion, as volumes were up 0.8 percent and prices edged up 0.1 percent. As a result, Canada's merchandise trade deficit with the world narrowed from $3.2 billion in March to $2.9 billion in April.
Imports from countries other than the United States fell 3.0 percent to $15.0 billion. In April, there were lower imports from Germany (-$174 million) and South Korea (-$170 million).
Exports to countries other than the United States decreased 0.6 percent to $10.5 billion. Lower exports to the United Kingdom (-$276 million) and Spain (-$105 million) were mostly offset by higher exports to countries other than Canada's principal trading partners (+$268 million) and to Mexico (+$105 million).
As a result, Canada's trade deficit with countries other than the United States narrowed from $4.9 billion in March to $4.5 billion in April.
Imports from the United States were up 3.0 percent to $29.7 billion and exports increased 2.3 percent to $31.3 billion in April. Consequently, Canada's trade surplus with the United States narrowed from $1.7 billion in March to $1.6 billion in April.