Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canada’s merchant trading rose by 1.5pc in September, compared with August, according Statistics Canada (StatCan) report. 

 

Exports rose by 1.5pc to C$45.5bn ($34.6bn), with shipments of aircraft and other transportation equipment rising by 13.4pc in September. Export of motor vehicles and parts increased by 2.7pc of which passenger car and light truck rose by 4.2pc in September compared to the previous month. 

 

Canadian imports increased by 1.5pc to C$48.8bn with import of industrial machinery, equipment and parts growing by 6.7pc to C$5.2bn in September from August of this year. Imports of construction and mining products increased by 23.7pc in this period. 

 

Canada’s exports to countries other than US surged by 10.9pc to C$12.3bn with exports of aircraft to UK, nickel to Norway and copper to Germany in focus. Imports from country’s other than the US also grew by 2.1pc to C$17.6bn with passenger cars and light trucks from Japan being the prime material. 

 

Canada’s exports to the US dropped by 1.6pc to C$33.2bn while imports rose by 1.2pc to C$31.2bn in September compared to the previous month, StatCan reported. 

 

($1 = C$1.31)

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