Economy / Trade
Canada trade surplus widens to C$5.4 billion in September
Canada’s merchandise trade surplus widened to 5.4 billion Canadian dollars in September from C$5 billion in August, Statistics Canada said in its weekly review published Friday.
Status: source-checked.
Canada’s merchandise trade surplus widened to 5.4 billion Canadian dollars in September from C$5 billion in August, Statistics Canada said in its weekly review published Friday.
Merchandise exports rose 0.2%, while imports fell 0.3%. Exports to the United States increased 0.7%, mainly because of higher shipments of crude oil and unwrought gold, the agency said.
In the detailed trade release, the agency reported merchandise exports of C$78.6 billion and imports of C$73.2 billion. Including services, Canada’s total trade surplus was C$5.7 billion, a different measure from the goods-only balance.
Exports to other countries fell 1.1%, their second consecutive monthly decline. The figures concern merchandise trade and should not be read as the country’s combined goods and services balance.
What we know / what we don't
What we know
- Canada’s merchandise trade surplus widened to 5.4 billion Canadian dollars in September from C$5 billion in August, Statistics Canada said in its weekly review published Friday.
What we don't know
- Estimates may be revised. Issuer statements are attributed, not independently corroborated.
The source record