Canada trade surplus widens to C$4.24 billion in May

OTTAWA, July 7 (Reuters) - Canada's trade surplus widened to C$4.24 billion ($2.98 billion) in May, as exports grew and imports declined slightly, Statistics Canada said on Tuesday.
Exports rose by 0.9%, on metal ores and non-metallic minerals, as well as metal and non-metallic mineral products. Imports fell by 0.2%, on metal and non-metallic mineral products.
Following are the seasonally adjusted figures in billions of Canadian dollars:

Merchandise trade May Apr (rev) change pct Apr (prev)
Balance +4.243 +3.405 n/a +2.721
Exports 77.099 76.401 +0.9 75.160
Imports 72.856 72.996 -0.2 72.439

NOTE: Analysts surveyed by Reuters forecast a trade surplus of C$2.85 billion in May.
($1=$1.4209 Canadian)
(Reporting by Dale Smith; editing by Promit Mukherjee) ((promit.mukherjee@tr.com))
Keywords: CANADA ECONOMY/TRADE