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Ottawa, Nov 5 (Canadian-Media): Canada's merchandise trade deficit narrowed to $978 million in September compared with a revised deficit of $1.2 billion in August, Statistics Canada reported.
Statistics Canada is the national statistical office which ensures Canadians to be well-informed on key information on Canada's economy, society and environment to enable them to function effectively as citizens and decision makers.
Statistics Canada. Image credit: Twitter handle
The resulted deficit is due to the declining of Canada's imports to 1.7 percent in September, while exports declined 1.3 percent.
Imports of metal and non-metallic mineral products fell 9.2 percent in September due to a drop in gold imports.
Meanwhile, total exports fell 1.3 percent to $49.8 billion.
Exports of metal and non-metallic mineral products declined to 7.3 percent.
Due to a decline in crude oil exports, exports of energy products fell to 2.6 percent.
(Reporting by Asha Bajaj)