The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced Wednesday that total July exports of $189.4 billion and imports of $228.6 billion resulted in a goods and services deficit of $39.1 billion, up 13.3 percent from $34.5 billion in June, revised. July exports were $1.1 billion less than June exports of $190.5 billion. July imports were $3.5 billion more than June imports of $225.1 billion.
Meanwhile, Canada's merchandise imports grew 0.6 percent in July while exports declined 0.6 percent. As a result, Canada's trade deficit with the world widened from $460 million in June to $931 million in July.
Imports grew to $40.1 billion, as volumes were up 1 percent and prices edged down 0.4 percent. Exports declined to $39.2 billion.
Imports from the United States rose 2.7 percent to $26.3 billion and exports to the United States were up 0.8 percent to $29.4 billion. Consequently, Canada's trade surplus with the United States narrowed from $3.6 billion in June to $3.2 billion in July.
Exports to countries other than the United States fell 4.5 percent to $9.8 billion, as lower exports were reported for the European Union (down 15.9 percent).