News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Econ> Canada Mar Trade Surplus CAD1.78B Beats; Exports +8.5% MoM, Crude Oil Exports +18.9%
Statistics Canada announced that, supported by surging gold and crude oil exports, Canadas merchandise exports rose 8.5% MoM in March to CAD72.77 billion, the highest level since ...
Reset
Send
The window will close in 5 seconds
<Econ> Canada Mar Trade Surplus CAD1.78B Beats; Exports +8.5% MoM, Crude Oil Exports +18.9%
Close
Recommend
3
Positive
1
Negative
0
 
 

Statistics Canada announced that, supported by surging gold and crude oil exports, Canadas merchandise exports rose 8.5% MoM in March to CAD72.77 billion, the highest level since January last year; the previous reading showed a 6.8% increase. Among them, energy product exports climbed 15.6% MoM to CAD17.1 billion, the highest since September 2022. The conflict involving Iran since late February drove a sharp rise in international oil prices, leading to an 18.9% surge in crude oil exports in March. Exports of metal and non-metallic mineral products increased 24% to a record CAD15.3 billion.

After hitting a record high in February, Canadas merchandise imports edged down 1.6% MoM in March to CAD70.99 billion.

Related News CMBI Cuts Coinbase Global, Inc. (COIN.US) TP to USD235, Reiterates Buy; Lowers Revenue Forecasts
Canada recorded a merchandise trade surplus of CAD1.78 billion in March, the first surplus since September last year and better than market expectations for a deficit of CAD2.4 billion. The previous deficit was revised to CAD5.11 billion. (da/w)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.