BUSINESS
08/11/2011 10:12 EDT | Updated 10/11/2011 05:12 EDT

Canada Trade Deficit Widens In May; Deficit With Non-U.S. Countries At All-Time High

AP

OTTAWA - Statistics Canada says merchandise exports fell 1.7 per cent in June while imports decreased 0.2 per cent.

The agency says the country's trade deficit with the world widened from $1 billion in May to $1.6 billion in June.

Exports fell to $36.5 billion, largely the result of declines in energy products and automotive products, while merchandise imports fell to $38 billion.

Exports to the United States declined 2.4 per cent to $26.5 billion in June, while imports fell 2.3 per cent to $22.8 billion.

Canada's trade surplus with the United States slipped from $3.7 billion in May to $3.6 billion in June.

The trade deficit with countries other than the United States grew to a record $5.2 billion in June from $4.8 billion in May.