Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canada’s total imports declined by 1.2pc to C$47.4bn ($35.6bn) in August from a month earlier, while total exports fell by 1pc to C$44.9bn, according to a report from Statistics Canada. 


Aircraft imports declined by 49.6pc during the period, imports of other transportation equipment and parts decreased by 25.3pc, and aircraft engine and part imports fell by 21.4pc, which contributed to the overall decline in imports.


Metal and non-metallic mineral product imports fell by 5.7pc in August from July, and industrial machinery, parts and equipment imports dropped by 4.4pc. General purpose machinery and equipment imports declined by 6pc, and imports of industrial machinery parts fell by 6.7pc, StatCan reported. 


Motor vehicle and parts exports declined by 6.8pc on a monthly basis in August, of which passenger cars and light truck exports decreased by 9.5pc. Exports of boats and other transportation equipment dropped in August by 53.3pc, out of which aircraft exports declined by 14.5pc. 


Imports from the US dropped by 1.6pc to C$30.4bn, while exports to the US increased by 1pc to C$33.8bn in August from July. Imports from countries other that the US were down by 0.4pc, and exports to countries other than US fell by 6.8pc, StatCan reported. 


C$1 = $0.75

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