Canada’s trade surplus widened in October on a jump in exports of autos and energy.
The country’s merchandise trade surplus rose to C$2.09 billion ($1.7 billion) from a revised C$1.42 billion in September, Statistics Canada reported Tuesday in Ottawa. That’s the fifth straight month where Canada has exported more than it imported—the longest streak since 2014. The October surplus was in line with economist estimates.
Total shipments abroad increased 6.4% in October, while imports rose 5.3%. The higher exports largely reflected price gains, with shipments up 2.8% in volume terms. Import volumes were up 7%.