Canada’s total merchandise exports increased by 45.7pc to C$49.5bn in May 2021 from May 2020 but fell by 1.6pc from April this year, according to Statistics Canada (StatCan).
The country’s total merchandise imports increased by 42.2pc to C$50.9bn in May on an annual basis and rose by 2.1pc from April.
Metal ores and non-metallic mineral exports grew by 25pc to C$1.8bn in May from the same month in 2020 but dipped by 5pc from April. Exports of metals and non-metallic mineral products grew by 18.7pc to C$5.9bn in May on an annual basis and dropped by 3pc from the previous month.
StatCan reported a 172.8pc surge in motor vehicles and parts exports to C$5.2bn in May against the same month last year, but a 5.8pc drop from the prior month. Canada’s aircraft and other transportation equipment and parts exports rose by 48.9pc to C$2.3bn in May from the same month last year and grew by 14pc from April.
Canada’s total metal ores and non-metallic minerals imports dropped by 16.2pc to C$1.2bn in May from May 2020 and increased by 8.7pc from April. Its import of metal and non-metallic mineral products jumped by 44.6pc to C$5.3bn and by 17.7pc during the same annual and monthly timeframes, respectively.
Motor vehicles and parts imports grew six times to C$6.9bn on an annual basis and rose by 2.7pc from the prior month. Import of aircraft and other transportation equipment and parts grew by 23.7pc in May to C$1.4bn but dropped by 14pc from April this year, StatCan reported.