Canada posts trade deficit of C$41 mln in November on energy

Jan 5 (Reuters) - Canada posted a trade deficit of C$41 million ($30.36 million) in November, driven by lower exports of energy products, with both imports and exports affected by the appreciation of the Canadian dollar, Statistics Canada said on Thursday.

Exports were down by 2.3%, largely on broad declines in energy products, as well as consumer goods. Imports fell by 2.1%, largely on consumer goods, and pharmaceuticals in particular.

Following are the seasonally adjusted figures in billions of Canadian dollars:

Merchandise trade

Nov Oct (rev) change pct Oct (prev) Balance

-0.041

+0.130

n/a

+1.214 Exports

64.371

65.893

-2.3

67.037 Imports

64.413

65.763

-2.1

65.823

NOTE: Analysts surveyed by Reuters had on average forecast a surplus of C$610 million in November. ($1=$1.3504 Canadian) (Reporting by Dale Smith, editing by Ismail Shakil)((ismail.shakil@tr.com)) Keywords: CANADA ECONOMY/TRADE

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