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.

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Canada Exports

Actual Previous Highest Lowest Dates Unit Frequency
49856.00 51221.50 52538.90 1366.00 1971 - 2021 CAD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-07 01:30 PM Nov C$46.8B C$46.5B
2021-02-05 01:30 PM Dec C$47.32B C$46.6B
2021-03-05 01:30 PM Jan C$51.19B C$47.37B
2021-04-07 12:30 PM Feb C$49.86B C$51.22B


News Stream
Canada Exports Fall 2.7% MoM in February
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.
2021-04-07
Canada Exports at Near 2-Year High
Exports from Canada surged 8.1% month-over-month to CAD 51.2 billion in January of 2021, the highest since May of 2019. This was the largest increase in exports since the rebound in the summer of 2020 that followed the easing of lockdown restrictions. Shipments rose mostly for aircraft and other transportation equipment & parts (72.3 percent), mainly on atypical growth in aircraft exports, which more than doubled. A Canadian airline retired a large number of aircraft from its fleet in January, resulting in the export of these used airliners to the US. Other significant contributions came from sales of consumer goods (11.6%) and energy products (5.9%), mainly on higher crude oil exports (9%). Exports of forestry products and building and packaging materials (+10.7%) also grew sharply, namely lumber exports (+30.4%), which reached a record high of $2.1 billion. Exports to the US rose 11.3% to $37.2 billion, the highest value since September 2019.
2021-03-05
Canada Exports Rise in December on Energy Sales
Canada's merchandise exports rose 1.5 percent from the previous month to CAD 47.32 billion in December 2020, mainly boosted by sales of energy products (10.2 percent). Exports of crude oil (10.5 percent) posted the largest increase, on the strength of higher prices. Exports of refined petroleum products (28.8 percent) also increased, mainly on higher exports of diesel fuel to the United States. Higher prices and volumes were observed for exports of refined petroleum products in December. For the year 2020, exports fell 12.3 percent, with sales of energy products decreasing 36.5 percent, an annual decline similar to the one observed in 2009.
2021-02-05
Canada Exports at 9-Month High
Exports from Canada rose 0.5% month-over-month to CAD 46.8 billion in November of 2020, the highest reading since February, before the coronavirus pandemic. Exports of metal and non-metallic mineral products increased 11.6% in November, mainly on higher exports of unwrought gold, silver and platinum group metals, and their alloys (+25.8%). Increased exports of refined gold to the United Kingdom were behind this surge, resulting from a rise in sales of cast gold bullion bars, as well as higher transfers of gold within the banking system. Exports of metal ores and non-metallic minerals (+26%) also rose significantly, boosted by sales of copper ores (+84.6%) and iron ores (+26.0%). These increases were offset in part by lower exports of motor vehicles and parts (-4.1%), coinciding with lower motor vehicle production in the US. Shipments also fell for forestry products and building and packaging materials (-6.8%), amid lower exports of lumber (-11.6%).
2021-01-07

Canada Exports
Exports account for more than 30 percent of Canadian GDP. In 2018, Canada main exports were: energy products (19 percent); motor vehicles and parts (15 percent); consumer goods (11 percent); metal and non-metallic mineral products (11 percent); forestry products and building and packaging materials (8 percent); farm, fishing and intermediate food products (7 percent); industrial machinery, equipment and parts (7 percent) and basic and industrial chemical, plastic and rubber products (6 percent). The US is by far the largest destination for Canadian products (74 percent of total exports); followed by the EU (8 percent), of which Germany (3 percent), China (5 percent) and Japan and Mexico (2 percent each).
Canada Exports by Category Last Previous
(bop) - Total of All Merchandise 49856.00 51184.70 CAD Million Feb/21
(bop) - Energy Products 9452.60 7900.90 CAD Million Feb/21
(bop) - Consumer Goods 6290.20 6461.30 CAD Million Feb/21
(bop) - Crude Oil and Crude Bitumen 6205.80 5814.30 CAD Million Feb/21
(bop) - Motor Vehicles and Parts 6110.20 6876.10 CAD Million Feb/21
(bop) - Intermediate Metal Products 4644.60 5325.30 CAD Million Feb/21
(bop) - Passenger Cars and Light Trucks 3853.80 4431.00 CAD Million Feb/21
(bop) - Farm and Fishing Products 3563.30 3417.90 CAD Million Feb/21
(bop) - Building and Packaging Materia 3343.00 3471.70 CAD Million Feb/21
(bop) - Natural Gas 1347.30 544.80 CAD Million Feb/21
(bop) - Aircraft 1341.40 1840.70 CAD Million Feb/21
(bop) - Plastic and Rubber Products 1276.00 1277.10 CAD Million Feb/21
(bop) - Miscellaneous Goods and Suppli 1046.20 1067.40 CAD Million Feb/21
(bop) - Metal Ores and Concentrates 965.00 1521.60 CAD Million Feb/21
(bop) - Pulp and Paper Stock 914.00 851.60 CAD Million Feb/21
(bop) - Meat Products 815.90 817.70 CAD Million Feb/21
(bop) - Refined Petroleum Energy Produ 771.80 595.90 CAD Million Feb/21
(bop) - Wheat 758.00 857.00 CAD Million Feb/21
(bop) - Plastic Resins 700.20 682.20 CAD Million Feb/21
(bop) - Canola 687.40 534.70 CAD Million Feb/21

United Nations Comtrade Database
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