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The Canadian economy pulled back 1.1% (annualized) in Q3, following an upwardly revised 1.4% gain in Q2. Goods and services export volumes declined 5.1%, larger than the 0.6% decline in import volumes; as a result, net trade was the largest contributor to the GDP contraction in Q3.
Travel exports increased by 18.0% in Q3, significantly slower than the pace of growth in Q2. Indeed, visits from U.S. and non-U.S. travellers increased overall in Q3, but most of these gains were seen in July as travel to Canada increased slowly in August and contracted in September.
Release Table for Q3 2024, Table 4.2.5. Exports and Imports of Goods and Services by Type of Product: Quarterly. FRED: Download, graph, and track economic data.
LineNameQ3 2024Q2 2024line 13,210.7293,154.321line 22,095.2502,053.382line 3163.929155.778line 4715.441711.244- (314) 444-3733
Nov 14, 2024 · Canadian exports to China have decreased by 7.59% YoY in Q2 2024, amounting to $14.07 billion. Meanwhile, exports to Canada’s largest trade partner, the United States, stood at $294.30 billion in Q2 2024, exhibiting a modest decline of 0.33% YoY.
Apr 24, 2024 · Service exports rose 1.9% in the fourth quarter, buoyed by higher travel volumes. For 2023 as a whole, total export volumes grew 5.7% after advancing 3.2% in 2022. Merchandise imports contracted 0.5% in the fourth quarter, matching the decrease in the third.
1,262 economic data series with tags: Exports, Quarterly. FRED: Download, graph, and track economic data.
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Nov 23, 2022 · Following two years of growth, G20 merchandise trade declined in value terms in Q3 2022, as measured in current US dollars (Figure 1 and 2). Exports and imports contracted by 1.3% and 1.1%, respectively, compared with the previous quarter, prompting OECD Chief Statistician Paul Schreyer to remark: