Search results
World merchandise trade volumes rose 1.0% in Q2 2024, the strongest quarter since Q3 2022. During Q2, exports increased by 0.8%, while imports expanded by 1.2%. Emerging economies drove the rise in export volumes in Q2, increasing 2.1%, while exports from advanced economies edged down 0.1%.
- Q2 2022
The U.S. economy also contracted for the second consecutive...
- Q2 2022
Nov 14, 2024 · The meteoric increase in fish exports may be partially explained by the New Brunswick provincial government’s continued strong support for the province’s salmon farming industry. Prince Edward Island’s exports to China in Q2 2024 increased by 12.32% YoY, for a total of $16.05 million.
The U.S. economy also contracted for the second consecutive quarter, meeting the definition of a technical recession. Increased spending on services and inventory investment supported a 3.3% increase in the Canadian economy in Q2, but rising interest rates left their mark as residential investment contracted substantially.
Aug 31, 2021 · 2021-08-31. Substantial declines in home resale activities and exports pushed real gross domestic product down 0.3% in the second quarter of 2021. This contrasted with three consecutive quarterly increases that followed the sharp decline (-11.3%) caused by pandemic-related business shutdowns and travel restrictions in the second quarter of 2020.
2024-08-30. Canada GDP Expands 0.4% in Q1. The Canadian economy expanded by 0.4% in the first quarter of 2024, accelerating from a downwardly revised flat reading in the previous period. This growth was primarily fueled by a 0.7% increase in household spending, with a notable 1.1% rise in spending on services such as telecommunications, rent ...
Moreover, as a result of higher export prices, Canada's terms-of-trade increased by 4.2% in Q2 2021. Total Canadian imports expanded by 0.6% in Q2 2021. Imports of goods inched up 0.3% in the second quarter, supported by chemical and plastic products and metals and mineral products, on both higher volumes and prices.
People also ask
How did exports perform in Q2?
Why did exports increase faster than imports in Q2?
Why did Canadian goods and services exports slow down in Q2?
Why did goods and services exports increase in Q2 2024?
How did goods exports perform in Q2 2021?
Why did Canadian imports fall in Q2?
Oct 13, 2023 · Unlike Q1 2023, Q2 2023 has seen the Canadian trade deficit with China increase, which is on track to grow further. While Canadian exports to China have experienced growth on an annual basis compared to low exports in 2022 amid China’s Zero-Covid policy, exports are on a downward trend when looking at monthly data for H1 2023.
