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Canada’s merchandise trade surplus widens in September

Exports rose slightly and imports fell, taking the surplus to C$5.4 billion. Higher crude oil and gold shipments helped, while vehicle imports dropped for a second month.

Written by AI from 2 sources

Photo: The Globe and Mail

  • Canada’s merchandise trade surplus widened from C$5.0 billion in August to C$5.4 billion in September, as exports edged up 0.2% and imports fell 0.3%. Statistics CanadaStatistics Canada

  • Energy exports rose 8.2%, led by crude oil and bitumen, while exports of unwrought gold and other precious metals increased 16.8%. Statistics Canada

  • Vehicle imports fell 9.1% for a second month. The combined goods-and-services surplus was C$5.7 billion. Statistics CanadaStatistics Canada