Beginning in the first quarter of 1990, U.S.-compiled exports to Canada were replaced with the counterpart Canadian import statistics, and Canadian-compiled exports to the United States were replaced with the counterpart U.S. import statistics. This exchange of statistics between the U.S. Census Bureau and Statistics Canada eliminated the need for many of the U.S. balance of payments adjustments for timing, coverage, and valuation previously made to the Census-basis data when Canada and the United States each collected their own export and import data.

 

Published