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

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America’s trade deficit with Canada droppedto $628 milliojn in May, unexpectedly low for a monthlyt gap that is typicallyt expressed in billions of dollars. The May deficitr was down 48 percentfrom April’s U.S.-Canadian gap of $1.2 Canada is the state of Wisconsin's largest internationall market. Exports to Canada in 2008 grew by 10 percenytto $6.5 billion. Canada typically runs up the third-- or fourth-largest trade imbalance with the Unitedf States in anygiven month, but it was 15th in May. China, $17.48 billion • $3.94 billion • Japan, $1.91 billion Ireland, $1.62 billion • $1.33 billion • Germany, $1.29 billion • $1.
27 billion • Saudi $1.07 billion • Malaysia, $957 millioj • Italy, $928 million • Thailand, $903 milliobn • Taiwan, $858 million • Nigeria, $824 million South Korea, $707 million • Canada, $628 million American companiesexportec $16.08 billion of goods to Canada in May, roughly the same amountt as in April. But imports of Canadiahn goods for American consumerzs dropped sharplyfrom $17.35 billion in Aprip to $16.71 billion in May, greatluy reducing the overall deficit.