Imports to Canada increased 1.0 percent month-over-month to CAD 52.3 billion in May 2019, from an upwardly revised CAD 51.8 billion in April and against market expectations of CAD 52.1 billion. Purchases increased for aircraft & other transportation equipment (14.2 percent to CAD 2.2 billion) and motor vehicles & parts (1.6 percent to CAD 9.8 billion). On the other hand, imports fell for basic & industrial chemical, plastic and rubber products (-2.2 percent to CAD 3.8 billion). Imports rose from Mexico (4.4 percent) and Germany (6.4 percent) while those decreased from the US (-0.5 percent) and China (-2.6 percent). Imports in Canada averaged 20964.18 CAD Million from 1971 until 2019, reaching an all time high of 52453 CAD Million in March of 2019 and a record low of 1112 CAD Million in January of 1971.

Imports in Canada is expected to be 51000.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Canada to stand at 51600.00 in 12 months time. In the long-term, the Canada Imports is projected to trend around 49800.00 CAD Million in 2020, according to our econometric models.

Canada Imports
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-17 12:30 PM Imports C$50.87B C$51.71B C$51.5B C$ 50.3B
2019-05-09 12:30 PM Imports C$52.26B C$50.96B C$51.5B C$ 52.8B
2019-06-06 12:30 PM Imports C$51.67B C$52.38B C$51B
2019-07-03 12:30 PM Imports C$52.34B C$51.84B C$52.1B C$52.5B
2019-08-02 12:30 PM Imports C$52.34B
2019-09-04 12:30 PM Imports
2019-10-04 12:30 PM Imports


Canada Trade Last Previous Highest Lowest Unit
Balance of Trade 762.30 -1082.90 8524.80 -4962.00 CAD Million [+]
Current Account -17347.00 -16616.00 12230.00 -20197.00 CAD Million [+]
Current Account to GDP -2.60 -2.80 2.70 -4.20 percent [+]
Imports 52344.10 51834.60 52453.00 1112.00 CAD Million [+]
Exports 53106.40 50751.70 53106.40 1366.00 CAD Million [+]
External Debt 2684119.00 2691144.00 2691144.00 795408.00 CAD Million [+]
Terms of Trade 93.20 92.10 108.50 79.10 Index Points [+]
Foreign Direct Investment 12178.00 18966.00 50326.00 -8640.00 CAD Million [+]
Capital Flows -89.00 0.00 4632.00 -672.00 CAD Million [+]
Gold Reserves 0.00 0.00 46.20 0.00 Tonnes [+]
Crude Oil Production 3983.00 4081.00 4520.00 955.00 BBL/D/1K [+]
Terrorism Index 3.53 2.96 3.53 0.65 [+]
Tourist Arrivals 2079426.00 1809305.00 7006165.00 1138895.00 [+]
Weapons Sales 84.00 64.00 473.00 38.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52344.10 51834.60 52453.00 1112.00 1971 - 2019 CAD Million Monthly




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