#StatisticsCanada; #Canada; #Canada'sMerchandiseTradeDeficit
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.
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)