Imports to Canada rose 1.7 percent over a month to a record high of CAD 64.9 billion in June of 2022, a fifth consecutive monthly gain. Purchases increased in 5 of 11 product categories, mainly energy products (+22.3 percent), namely refined petroleum products (+32.5% to a record high of CAD 1.9 billion). Additionally, imports rose sharply for aircraft and other transportation equipment and parts (39.7 percent). However, gains were partially offset by a sharp decline in exports of motor vehicles and parts (-6.8%), namely passenger cars and light trucks (-11.2%), in part because of the decline in imports from South Korea and Germany. At the same time, global motor vehicle production continues to be affected by supply chain issues. source: Statistics Canada

Imports in Canada averaged 22809.50 CAD Million from 1971 until 2022, reaching an all time high of 64857.80 CAD Million in June of 2022 and a record low of 1112 CAD Million in January of 1971. This page provides the latest reported value for - Canada Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Imports - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Imports in Canada is expected to be 55045.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Imports is projected to trend around 52000.00 CAD Million in 2023, according to our econometric models.

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Canada Imports



Calendar GMT Actual Previous Consensus TEForecast
2022-07-07 12:30 PM May C$63.11B C$63.54B C$62.4B
2022-08-04 12:30 PM Jun C$64.86B C$63.79B C$63B
2022-09-07 12:30 PM Jul C$64.86B


Related Last Previous Unit Reference
Balance of Trade 5046.30 4768.90 CAD Million Jun 2022
Current Account 5026.00 -137.00 CAD Million Mar 2022
Current Account to GDP 0.10 -1.90 percent of GDP Dec 2021
Exports 69904.10 68561.50 CAD Million Jun 2022
Imports 64857.80 63792.60 CAD Million Jun 2022
External Debt 3213412.00 3334890.00 CAD Million Mar 2022
Terms of Trade 110.40 110.80 points Jun 2022
Capital Flows 7058.00 3488.00 CAD Million Mar 2022
Foreign Direct Investment 20113.00 19439.00 CAD Million Mar 2022
Oil Exports 13859.40 13727.70 CAD Million Jun 2022
Tourist Arrivals 761360.00 560300.00 Dec 2021

Canada Imports
In 2018, Canada imported mainly: consumer goods (20 percent of total imports); motor vehicles and parts (19 percent); electronic and electrical equipment and parts (12 percent); industrial machinery, equipment and parts (11 percent); basic and industrial chemical, plastic and rubber products (8 percent); metal and non-metallic mineral products (7 percent) and energy products (6 percent). Canada's major import partners were: the US (64 percent of total imports); the EU (10 percent), of which Germany (3 percent); China (8 percent); Mexico (3 percent) and Japan (2 percent).
Actual Previous Highest Lowest Dates Unit Frequency
64857.80 63792.60 64857.80 1112.00 1971 - 2022 CAD Million Monthly

News Stream
Canada Imports Hit Fresh Record
Imports to Canada rose 1.7 percent over a month to a record high of CAD 64.9 billion in June of 2022, a fifth consecutive monthly gain. Purchases increased in 5 of 11 product categories, mainly energy products (+22.3 percent), namely refined petroleum products (+32.5% to a record high of CAD 1.9 billion). Additionally, imports rose sharply for aircraft and other transportation equipment and parts (39.7 percent). However, gains were partially offset by a sharp decline in exports of motor vehicles and parts (-6.8%), namely passenger cars and light trucks (-11.2%), in part because of the decline in imports from South Korea and Germany. At the same time, global motor vehicle production continues to be affected by supply chain issues.
2022-08-04
Canada Imports Drop in May
Imports to Canada fell 0.7% over a month to CAD 63.1 billion in May of 2022, following three consecutive monthly increases. Declines were observed in 6 of the 11 product sections, led by consumer goods (-4.7%), namely clothing, footwear and accessories (-11.3%) and pharmaceutical and medicinal products (-5.9%). At the same time, imports of aircraft and other transportation equipment and parts plunged (-22.7%). Conversely, purchases of basic and industrial chemical, plastic and rubber products surged (+8.6%), driven by basic chemicals (+31.2%). Recent movements in this product category have been largely driven by imports of pharmaceutical ingredients from Ireland.
2022-07-07
Canada Imports Hit Fresh Record
Imports to Canada rose 1.9% over a month to a new record high of CAD 62.8 billion in April of 2022. Main upward pressure came from consumer goods (+5.5%), in particular, clothing, footwear and accessories (+24.2%). At the same time, purchases rose for metal and non-metallic mineral products (+10.5%), driven by higher imports of unwrought gold, silver and platinum group metals (+29.8%). Also, imports rose for energy products (+5%), on account of higher purchases values of refined petroleum products (+52.6%) and natural gas (+57.0%), whereas fell sharply for basic chemicals (-26%), returning to levels similar to February.
2022-06-07

Canada Imports by Category Last Previous
(bop) - Total of All Merchandise 64857.80 63112.10 CAD Million Jun/22
(bop) - Consumer Goods 13037.70 13052.40 CAD Million Jun/22
(bop) - Motor Vehicles and Parts 8954.50 9478.70 CAD Million Jun/22
(bop) - Energy Products 5162.30 4080.40 CAD Million Jun/22
(bop) - Passenger Cars and Light Trucks 4472.20 4893.70 CAD Million Jun/22
(bop) - Intermediate Metal Products 3695.60 3870.20 CAD Million Jun/22
(bop) - Building and Packaging Materia 2593.40 2625.30 CAD Million Jun/22
(bop) - Miscellaneous Goods and Suppli 2275.90 2240.50 CAD Million Jun/22
(bop) - Crude Oil and Crude Bitumen 2173.50 1754.40 CAD Million Jun/22
(bop) - Plastic and Rubber Products 2098.90 2107.20 CAD Million Jun/22
(bop) - Farm and Fishing Products 1924.90 1993.50 CAD Million Jun/22
(bop) - Refined Petroleum Energy Produ 1889.60 1350.60 CAD Million Jun/22
(bop) - Electronic and Electrical Parts 1667.90 1518.10 CAD Million Jun/22
(bop) - Metal Ores and Concentrates 1514.50 1502.90 CAD Million Jun/22
(bop) - Special Transactions Trade 1436.30 1327.30 CAD Million Jun/22
(bop) - Electrical Components 1208.20 1176.30 CAD Million Jun/22
(bop) - Basic Chemicals 1182.00 1553.70 CAD Million Jun/22
(bop) - Plastic Resins 1047.70 1064.90 CAD Million Jun/22
(bop) - Furniture and Fixtures 986.20 1000.60 CAD Million Jun/22
(bop) - Fabricated Metal Products 840.20 848.40 CAD Million Jun/22
(bop) - Fruits, Nuts and Vegetables 832.20 894.10 CAD Million Jun/22
(bop) - Cleaning Products and Toiletri 733.30 692.80 CAD Million Jun/22
(bop) - Natural Gas 669.30 478.90 CAD Million Jun/22
(bop) - Paper and Published Products 629.40 583.10 CAD Million Jun/22
(bop) - Appliances 606.00 618.90 CAD Million Jun/22
(bop) - Aircraft 575.50 160.80 CAD Million Jun/22
(bop) - Non-metallic Mineral Products 561.60 545.80 CAD Million Jun/22
(bop) - Meat Products 487.10 484.10 CAD Million Jun/22
(bop) - Alcoholic Beverages 440.40 402.70 CAD Million Jun/22
(bop) - Tires 401.40 426.60 CAD Million Jun/22
(bop) - Pulp and Paper Stock 365.60 348.40 CAD Million Jun/22
(bop) - Animal Feed 259.90 250.00 CAD Million Jun/22
(bop) - Nickel Ores and Concentrates 187.90 141.70 CAD Million Jun/22
(bop) - Dyes and Pigments, Petrochemic 158.60 177.10 CAD Million Jun/22
(bop) - Dairy Products 156.10 149.60 CAD Million Jun/22
(bop) - Coffee and Tea 143.20 146.40 CAD Million Jun/22
(bop) - Non-metallic Minerals 117.50 104.90 CAD Million Jun/22
(bop) - Metalworking Machinery 95.30 96.00 CAD Million Jun/22
(bop) - Electricity 90.60 77.10 CAD Million Jun/22
(bop) - Copper Ores and Concentrates 76.10 95.80 CAD Million Jun/22
(bop) - Tobacco Products 76.00 74.50 CAD Million Jun/22
(bop) - Live Animals 64.00 56.80 CAD Million Jun/22
(bop) - Iron Ores and Concentrates 62.20 81.90 CAD Million Jun/22
(bop) - Asphalt and Asphalt Products 52.40 56.20 CAD Million Jun/22
(bop) - Canola 3.60 6.80 CAD Million Jun/22
(bop) - Wheat 2.30 3.10 CAD Million Jun/22
(bop) - Potash 0.60 0.40 CAD Million Jun/22

United Nations Comtrade Database
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