Canada's merchandise exports rose 0.5% in February, because of higher exports of aircraft, while imports were down 0.8%, in part due to a decrease in crude oil imports. As a result, Canada's merchandise trade deficit with the world narrowed from $1.7 billion in January to $983 million in February. Total exports were up 0.5% to $48.3 billion in February, with 8 of 11 product sections increasing. Non-energy exports rose 2.3%. In real (or volume) terms, exports increased 2.7%. Chart 2 Chart 2: Contributions to the monthly change in exports, by product, February 2020 Contributions to the monthly change in exports, by ... (full story)