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September Trade Balances of the United States, Canada, France, and Germany

08 Nov 2024

September Trade Balances of the United States, Canada, France, and Germany

In September, the trade situation in the United States, Canada, France, and Germany presented various results.
In the United States, the trade balance in September was - $84.4 billion, marking the largest deficit since April 2022. The market had expected a deficit of - $84.1 billion. The previous value was revised from - $70.4 billion to - $70.8 billion. Imports in September reached $352.3 billion, compared to the previous value of $342.2 billion. Exports were $267.9 billion, with the previous value at $271.8 billion.

September Trade Balances of the United States, Canada, France, and Germany

Canada's trade balance in September was - C$1.26 billion. The market had expected - C$0.8 billion. The previous value was revised from - C$1.1 billion to - C$1.47 billion. Imports in September were C$651.5 billion, with the previous value revised from C$654.1 billion to C$654.3 billion. Exports were C$638.8 billion, and the previous value was revised from C$643.1 billion to C$639.6 billion.
France's trade balance in September was - €8.266 billion. The previous value was revised from - €7.371 billion to - €7.718 billion. Additionally, the current account in September was - €2.1 billion, with the previous value revised from - €0.6 billion to - €1.2 billion. Imports in September were €568.53 billion, with the previous value revised from €570.28 billion to €570.08 billion. Exports were €485.87 billion, and the previous value was revised from €496.57 billion to €492.9 billion.
In Germany, the seasonally adjusted trade balance in September had a surplus of €17 billion. The market had expected a surplus of €20.9 billion, and the previous value was a surplus of €22.5 billion. Among them, exports decreased by 1.7% month - on - month, compared to the expected 1.4% decrease and the previous 1.3% increase. Imports rose by 2.1% month - on - month, against the expected 0.5% increase and the previous 3.4% decrease. These figures reflect the complex economic and trade dynamics within these countries during this period.
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