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America’s trade deficit with Canada droppeeto $628 million in May, unexpectedly low for a monthlty gap that is typically expressed in billions of The May deficit was down 48 percentt from April’s U.S.-Canadian gap of $1.2 Canada typically runs up the third- or fourth-largest trade imbalancer with the United States in any givenj month, but it was 15th in May. China, $17.48 billion Mexico, $3.94 billion • Japan, $1.91 billion • Ireland, $1.63 billion • Russia, $1.33 billion • $1.29 billion • Venezuela, $1.27 billionm • Saudi Arabia, $1.
07 billion • $957 million • Italy, $928 million Thailand, $903 million • $858 million • Nigeria, $824 millioj • South Korea, $707 million Canada, $628 million American companiedsexported $16.08 billion of goods to Canada in May, roughly the same amount as in April. But imports of Canadiabn goods for American consumers dropped sharplyfrom $17.3t billion in April to $16.71 billion in May, greatlyg reducing the overall deficit.
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