Canada’s exports rose 2.1% month-over-month to C$65.6 billion in October, following a strong 6.7% increase in September. Despite the headline gain, exports declined in six of the eleven product categories. Metal and non-metallic mineral products surged 27.3%, extending September’s sharp rise and reaching a new record, driven by a 47.4% jump in exports of unwrought gold, silver, and platinum group metals amid stronger gold shipments to the UK. Motor vehicle and parts exports increased 4.1%, with gains across all subcategories, led by passenger cars and light trucks (3.2%) and medium and heavy vehicles (24.7%). Offsetting part of the advance, energy exports fell 8.4%, mainly due to a 13.5% drop in crude oil and bitumen shipments, reflecting lower volumes amid US refinery shutdowns and softer prices linked to global oversupply. Exports to the US declined 3.4%, while shipments to other countries rose 15.6% to a record high.