Exports from Canada fell 2.7% month-over-month to CAD 49.9 billion in February of 2021, after an upwardly revised 8.2% surge in January. The largest declines were observed in the metal and non-metallic mineral products (-10.9%), motor vehicles and parts (-10.2%) and aircraft and other transportation equipment and parts (-20.3%). Exports of energy products partially offset the overall decrease, up 18.3% to CAD 9.5 billion, their highest level since December 2019, mainly on account of sales of natural gas, which more than doubled in February. Sales of crude oil and crude bitumen (6.8%) also increased, mainly because of higher prices. Exports to the US increased by 0.8% to CAD 37.4 billion while those to countries other than the US fell by 11.7% in February to CAD 12.5 billion. source: Statistics Canada
Exports in Canada averaged 23094.81 CAD Million from 1971 until 2021, reaching an all time high of 52538.90 CAD Million in May of 2019 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 April of 2021.
Exports in Canada is expected to be 49000.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Canada to stand at 51000.00 in 12 months time. In the long-term, the Canada Exports is projected to trend around 51200.00 CAD Million in 2022, according to our econometric models.