Exports from Canada fell 4.7% from a month earlier to CAD 46.3 billion in March, the lowest level since January 2018 but above market expectations of CAD 45 billion. Exports declined for energy products (-7.4%), of which crude oil (-7.9%); passenger cars and light trucks (-9.8%); and engines and parts (-28.9%). Also, aircraft exports fell CAD 469 million; and exports of boats and other transportation equipment fell 63.3% to CAD 97.7 million, the lowest level since January 2018. Moderating the overall decrease were higher exports of farm, fishing and intermediate food products (+12.1%). Exports declined to both the United States (-4.9%) and to countries other than the United States (-4.1%), mainly to the United Kingdom (gold) and Saudi Arabia (other transportation equipment). In the first quarter of 2020, exports decreased 3.0%, a third consecutive quarterly decline. Exports of energy products (-6.8%) and motor vehicles and parts (-6.6%) contributed the most to the decrease.

Exports in Canada averaged 22699.21 CAD Million from 1971 until 2020, reaching an all time high of 52507.90 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 June of 2020. source: Statistics Canada

Exports in Canada is expected to be 50000.00 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 50300.00 in 12 months time. In the long-term, the Canada Exports is projected to trend around 50800.00 CAD Million in 2021 and 51200.00 CAD Million in 2022, according to our econometric models.

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Canada Exports

Actual Previous Highest Lowest Dates Unit Frequency
46257.40 48522.90 52507.90 1366.00 1971 - 2020 CAD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-05 01:30 PM Dec C$49.32B C$48.38B C$50.1B C$50B
2020-03-06 01:30 PM Jan C$48.14B C$49.12B C$49.3B
2020-04-02 12:30 PM Feb C$48.34B C$48.09B C$47.7B C$48B
2020-05-05 12:30 PM Mar C$46.26B C$48.52B C$45B C$ 44.5B
2020-06-04 12:30 PM Apr C$46.26B C$42.07B C$43B
2020-07-02 12:30 PM May
2020-08-05 12:30 PM Jun C$ 50B
2020-09-03 12:30 PM Jul


News Stream
Canada March Exports Lowest in Over 2 Years
Exports from Canada fell 4.7% from a month earlier to CAD 46.3 billion in March, the lowest level since January 2018 but above market expectations of CAD 45 billion. Exports declined for energy products (-7.4%), of which crude oil (-7.9%); passenger cars and light trucks (-9.8%); and engines and parts (-28.9%). Also, aircraft exports fell CAD 469 million; and exports of boats and other transportation equipment fell 63.3% to CAD 97.7 million, the lowest level since January 2018. Moderating the overall decrease were higher exports of farm, fishing and intermediate food products (+12.1%). Exports declined to both the United States (-4.9%) and to countries other than the United States (-4.1%), mainly to the United Kingdom (gold) and Saudi Arabia (other transportation equipment). In the first quarter of 2020, exports decreased 3.0%, a third consecutive quarterly decline. Exports of energy products (-6.8%) and motor vehicles and parts (-6.6%) contributed the most to the decrease.
2020-05-05
Canada Exports Rise 0.5% MoM in February
Exports from Canada went up 0.5 percent from a month earlier to CAD 48.3 billion in February of 2020, above market expectations of CAD 47.7 billion, mainly driven by sales of aircraft and other transportation equipment & parts (18.5 percent). In particular, aircraft shipments (46.8 percent) reached the highest level in five years, largely due to an increase in exports of private jets. Sales also rose for motor vehicles & parts (3.1 percent), as exports of passenger cars and light trucks partially rebounded (4 percent), after falling 8.2 percent in January due to extended temporary shutdowns at certain automotive assembly plants. In contrast, exports of energy products fell 7 percent, namely crude oil (-6.5 percent) and refined petroleum products (-15 percent), in part because of lower prices. Exports to the US went up 2.5 percent while those to countries other than the US shrank 5.3 percent.
2020-04-02
Canada Exports Fall 2% in January
Exports from Canada fell 2 percent from a month earlier to CAD 48.1 billion in January 2020, below market forecasts of CAD 50.1 billion. Sales of motor vehicles and parts dropped 4.1 percent to CAD 7.3 billion, the lowest level since May 2018, in particular passenger cars and light trucks (-8.2 percent), reflecting longer temporary shutdowns at certain assembly plants and the recent closure of the GM plant. Also, export of energy products declined 1.7 percent, of which natural gas (-26.2 percent), as temperatures across the US were above typical January levels, resulting in lower demand for natural gas, and coal (-23.6 percent). Exports to the US went down 1.7 percent namely passenger cars and light trucks; while those to countries other than the US shrank 2.8 percent.
2020-03-06
Canada Exports Rebound in December
Exports from Canada rose 1.9 percent from a month earlier to CAD 49.3 billion in December 2019, following an upwardly revised 1.9 percent drop in November when disruptions in rail and pipeline transportation slowed Canadian trade activity. Still, figures came below market estimates of CAD 50.1 billion. The increase was driven by energy products (9.5%) posting the largest monthly gain, amid a strong rebound in crude oil exports (18%), as the rupture of the Keystone pipeline in North Dakota was solved before the end of November. However, sales fell for metal and non-metallic mineral products (-10.5%), dragged down by precious metals (mainly gold bars) which slumped 32.1 percent. Exports to the US rose 2.9 percent while those to countries other than the US shrank 0.9 percent. Considering the full year of 2019, total sales rose 1.7 percent over a year ago.
2020-02-05

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 46257.40 48341.00 CAD Million Mar/20
(bop) - Energy Products 8191.40 8547.60 CAD Million Mar/20
(bop) - Motor Vehicles and Parts 6355.70 7495.00 CAD Million Mar/20
(bop) - Crude Oil and Crude Bitumen 6305.10 6551.20 CAD Million Mar/20
(bop) - Consumer Goods 6076.80 6016.30 CAD Million Mar/20
(bop) - Passenger Cars and Light Trucks 4330.80 4865.50 CAD Million Mar/20
(bop) - Intermediate Metal Products 4249.60 4223.10 CAD Million Mar/20
(bop) - Farm and Fishing Products 3048.00 2697.80 CAD Million Mar/20
(bop) - Building and Packaging Materia 2483.80 2400.20 CAD Million Mar/20
(bop) - Plastic and Rubber Products 1180.00 1153.10 CAD Million Mar/20
(bop) - Pulp and Paper Stock 942.90 941.70 CAD Million Mar/20
(bop) - Metal Ores and Concentrates 842.10 1020.30 CAD Million Mar/20
(bop) - Meat Products 799.30 776.00 CAD Million Mar/20
(bop) - Non-metallic Minerals 776.90 715.50 CAD Million Mar/20
(bop) - Aircraft 703.10 1220.10 CAD Million Mar/20
(bop) - Refined Petroleum Energy Produ 651.30 728.70 CAD Million Mar/20
(bop) - Plastic Resins 641.50 608.30 CAD Million Mar/20
(bop) - Wheat 606.10 529.90 CAD Million Mar/20
(bop) - Electronic and Electrical Parts 602.60 603.00 CAD Million Mar/20
(bop) - Fruits, Nuts and Vegetables 594.20 553.00 CAD Million Mar/20

United Nations Comtrade Database
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