INDUSTRY PULSE: Exports tumble in September

Avatar photo

OTTAWA, Ont. — Canada experienced an across-the-board decline in exports in September, according to Statistics Canada.

Canadian companies exported $36.1 billion in merchandise, a 3.4% decline from August. Exports fell to the United States and in every major commodity group, predominantly machinery and equipment and agriculture.

On the other hand, imports edged up 0.4% to $31.0 billion, with gains occurring in energy products, forestry, industrial goods and consumer goods.

Demand for goods continued to fall south of the border, as exports to the United States fell 2.7% to $29.4 billion. At the same time, Canadian purchases from American firms rose only 0.9%.

Avatar photo

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.