7 July 2026, 21:51  Canada: Exports Rise to Record High.

Canadian goods exports rose 0.9% month-over-month to a record C$77.1 billion in May 2026, marking a fourth consecutive monthly increase. Exports of metal ores and non-metallic minerals surged 16.1%. This was led by a 37.0% jump in diamonds and other non-metallic minerals amid an increase in the turnover for sulphur, as the blockade of the Strait of Hormuz triggered a surge in its prices. Exports of other metal ores and concentrates more than doubled on new gold ore shipments to China. Exports of metal and non-metallic mineral products rose 1.5%, supported by a 50.7% increase in unwrought aluminum and aluminum alloys. Consumer goods (3.9%), chemicals, plastics and rubber (5.6%), and farm and food products (2.4%) also posted solid gains. The increase was partly offset by a 2.0% decline in energy exports, driven by a 5.4% drop in crude oil shipments.

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