Exports from Canada inched up 0.6% over a month to a fresh record of CAD 53.7 billion in July, lifted by a broad rise in shipments across most product sections. Sales rose the most for motor vehicles and parts (+6.4%), reflecting lower production output in recent months amid supply issues and the global semiconductor chip shortage. A significant contribution also came from shipments of energy products (+1.9%), which received support from higher prices; electronic and electrical equipment & parts (+7.9%); aircraft and other transportation equipment & parts (+8.3%); basic and industrial chemicals, plastic and rubber products (+4.5%); and industrial machinery, equipment & parts (+4.5%). However, gains were almost offset by a sharp decline in forestry products & building and packaging materials (-12.7%), mainly lumber and other sawmill products (-23.6%), due to lower prices. source: Statistics Canada
Exports in Canada averaged 23330.09 CAD Million from 1971 until 2021, reaching an all time high of 53749.30 CAD Million in July of 2021 and a record low of 1366 CAD Million in February of 1971. This page provides the latest reported value for - Canada Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Exports - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Exports in Canada is expected to be 49700.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Exports is projected to trend around 51200.00 CAD Million in 2022, according to our econometric models.