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Canada reports $1.5 billion trade deficit in February due to falling exports and rising imports.
Canada faced a $1.5 billion trade deficit in February, as exports dropped 5.5% to $70.1 billion due to lower energy product sales, including crude oil and refined petroleum.
Imports slightly increased by 0.8% to $71.6 billion, driven by motor vehicles and parts.
Despite the deficit, trade volumes remained near record levels.
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El Canadá informa de un déficit comercial de 1.500 millones de dólares en febrero debido a la caída de las exportaciones y al aumento de las importaciones.