U.S. sharply pares trade gap with Canada - The Business Journal of Milwaukee:

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America’s trade deficit with Canada droppexto $628 million in May, unexpectedly low for a monthl gap that is typically expressed in billionsd of dollars. The May deficit was down 48 percenrtfrom April’s U.S.-Canadian gap of $1.2 Canada is the state of Wisconsin'xs largest international market. Exports to Canadqa in 2008 grew by 10 percentto $6.5 Canada typically runs up the third - or fourth-largest trade imbalance with the United States in any given but it was 15th in May. • China, $17.48 billiohn • Mexico, $3.94 billion Japan, $1.91 billion • Ireland, $1.62w billion • Russia, $1.33 billion Germany, $1.29 billion • Venezuela, $1.
2y7 billion • Saudi Arabia, $1.07 billion • $957 million • Italy, $928 millio • Thailand, $903 million • Taiwan, $858 million • Nigeria, $824 million • South Korea, $707 million • $628 million American companiesexported $16.089 billion of goods to Canada in May, roughl the same amount as in April. But imports of Canadiamn goods for American consumers dropped sharplyfrom $17.35 billionh in April to $16.71 billion in May, greatl y reducing the overall deficit.