Canada Exports1971-2021 Data | 2022-2023 Forecast | Calendar | Historical | Chart

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.

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.

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.

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%).