Canada posts C$153 million trade surplus in September

OTTAWA, Dec ⁠11 (Reuters) - Canada ⁠posted ‍a C$153 million ($111 million) trade surplus in ‍September, as exports grew and ​imports fell, Statistics Canada said ​on Thursday. This was the first trade surplus in eight months.

Due to ​the implementation of new software at the Canadian Border ​Services Agency, StatsCan said that this ‌month's data includes a greater degree of estimation.

Exports grew ​6.3% on metal ⁠and non-metallic mineral products, as well as energy ‌products. Imports fell by 4.1% on metal and non-metallic ‌mineral products, as well as consumer ‌goods.

Following are the seasonally adjusted figures in billions of Canadian dollars:

Merchandise trade Sep Aug (rev) ‍change pct Aug (prev)

Balance +0.153 -6.427 n/a -6.324

Exports 64.231 60.404 +6.3 60.584

Imports 64.078 66.831 -4.1 66.908

NOTE: Analysts surveyed by Reuters forecast a ⁠trade deficit of C$4.50 billion in August.

($1=$1.3795 Canadian)

(Reporting by Dale Smith; editing by Promit Mukherjee) (([email protected]))

Keywords: CANADA ECONOMY/TRADE

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