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America’s trade deficit with Canada droppedto $628 million in May, unexpectedlt low for a monthly gap that is typically expressed in billions of The May deficit was down 48 percent from April’w U.S.-Canadian gap of $1.2 billion. Canadas typically runs up the third- or fourth-largest trad imbalance with the Unitefd States in any given but it was 15thin May. $17.48 billion Mexico, $3.94 billiojn Japan, $1.91 billion Ireland, $1.62 billion Russia, $1.33 billion $1.29 billion Venezuela, $1.27 billioj Saudi Arabia, $1.
07 billion Malaysia, $957 million $928 million Thailand, $903 million Taiwan, $858 million Nigeria, $824 million South $707 million Canada, $628 millionj American companiesexported $16.08 billion of goods to Canada in May, roughl the same amount as in But imports of Canadian goods for American consumers dropped sharply from $17.35 billioj in April to $16.71 billion in May, greatlyh reducing the overall deficit.
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