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Canada's trade surplus with the world decreased for the first time in four months, declining to $5.1 billion from a revised $5.7 billion in March, as the growth in imports outpaced the growth in exports.
Exports to the United States increased for the fourth month in a row, reaching $30.6 billion, their highest level since April 2007. Meanwhile, imports from the United States grew at a faster pace, thus reducing the trade surplus with Canada's largest trading partner to $8.2 billion.
Exports to countries other than the United States declined for the first time in four months, while imports grew. Consequently, the trade deficit with all of these countries as a whole expanded to $3.1 billion.
