Exports from Canada rose 2% over a month to a fresh record high of CAD 69.9 billion in June of 2022. This was the sixth consecutive monthly increase for Canadian exports, the first time this has happened since 2013. Overall, growth was observed in 8 of the 11 product sections in June, led by energy products (+3.2% to CAD 21 billion), representing 30% of total exports, a record high for this product section, led by crude oil and bitumen (+3.7%). Non-energy exports were also up (+1.4%). Other significant positive contributions came from shipments of metal and non-metallic mineral products (+6.5%) and consumer goods (+6.3%), mainly as a result of the strong increase in exports of pharmaceutical products (+34.0%). However, a decrease in exports of forestry products and building and packaging materials (-6.6%) partly offset those gains. This decline was largely attributable to a decrease in the value of lumber exports (-13.1%), mainly on lower prices. source: Statistics Canada

Exports in Canada averaged 23977.78 CAD Million from 1971 until 2022, reaching an all time high of 69904.10 CAD Million in June of 2022 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 August of 2022.

Exports in Canada is expected to be 59108.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Exports is projected to trend around 58500.00 CAD Million in 2023 and 58200.00 CAD Million in 2024, according to our econometric models.

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Canada Exports



Calendar GMT Actual Previous Consensus TEForecast
2022-07-07 12:30 PM May C$68.44B C$65.71B C$64.3B
2022-08-04 12:30 PM Jun C$69.9B C$68.56B C$69B
2022-09-07 12:30 PM Jul C$69.9B


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
Imports 64857.80 63792.60 CAD Million Jun 2022
Exports 69904.10 68561.50 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 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).
Actual Previous Highest Lowest Dates Unit Frequency
69904.10 68561.50 69904.10 1366.00 1971 - 2022 CAD Million Monthly

News Stream
Canada Exports Hit Fresh High
Exports from Canada rose 2% over a month to a fresh record high of CAD 69.9 billion in June of 2022. This was the sixth consecutive monthly increase for Canadian exports, the first time this has happened since 2013. Overall, growth was observed in 8 of the 11 product sections in June, led by energy products (+3.2% to CAD 21 billion), representing 30% of total exports, a record high for this product section, led by crude oil and bitumen (+3.7%). Non-energy exports were also up (+1.4%). Other significant positive contributions came from shipments of metal and non-metallic mineral products (+6.5%) and consumer goods (+6.3%), mainly as a result of the strong increase in exports of pharmaceutical products (+34.0%). However, a decrease in exports of forestry products and building and packaging materials (-6.6%) partly offset those gains. This decline was largely attributable to a decrease in the value of lumber exports (-13.1%), mainly on lower prices.
2022-08-04
Canada Exports Hit New Peak
Exports from Canada rose 4.1 percent over a month to a fresh record high of CAD 68.4 billion in May of 2022. This was the fifth consecutive monthly increase and the 10th gain over the past 12 months. Overall, growth was observed in 8 of the 11 product sections in May, led by energy products (5.7%), representing 29.8% of total exports, namely crude oil and bitumen (+9.2%), the result of higher prices. Shipments also increased considerably for aircraft and other transportation equipment and parts (34.2%) and metal ores and non-metallic minerals (17.2%).
2022-07-07
Canada Exports Hit Fresh High
Exports from Canada rose 0.6 percent over a month to a fresh record high of CAD 64.3 billion in April of 2022. Shipments of consumer goods (+5.0%) rose the most, driven by higher exports of prepared and packaged seafood products (+52.4%) and strong growth in crab prices. Also, exports of motor vehicles and parts rose 3.9% to $7.1 billion in April, the highest level since October 2020, driven by higher sales of passenger cars and light trucks (+5.3%). In contrast, significant negative contribution came from aircraft and other transportation equipment and parts product section (-16.9%) and energy products (-0.95%).
2022-06-07

Canada Exports by Category Last Previous
(bop) - Total of All Merchandise 69904.10 68436.20 CAD Million Jun/22
(bop) - Energy Products 20970.30 20370.20 CAD Million Jun/22
(bop) - Crude Oil and Crude Bitumen 13859.40 13727.70 CAD Million Jun/22
(bop) - Consumer Goods 8039.70 7480.40 CAD Million Jun/22
(bop) - Motor Vehicles and Parts 6531.30 6738.60 CAD Million Jun/22
(bop) - Intermediate Metal Products 6525.70 6026.50 CAD Million Jun/22
(bop) - Passenger Cars and Light Trucks 3973.50 4115.70 CAD Million Jun/22
(bop) - Building and Packaging Materia 3753.30 4017.70 CAD Million Jun/22
(bop) - Farm and Fishing Products 3238.20 3237.30 CAD Million Jun/22
(bop) - Natural Gas 2809.50 2324.30 CAD Million Jun/22
(bop) - Non-metallic Minerals 1917.90 1671.80 CAD Million Jun/22
(bop) - Plastic and Rubber Products 1529.10 1516.60 CAD Million Jun/22
(bop) - Potash 1517.40 1341.60 CAD Million Jun/22
(bop) - Refined Petroleum Energy Produ 1490.50 1584.20 CAD Million Jun/22
(bop) - Pulp and Paper Stock 1216.50 1179.20 CAD Million Jun/22
(bop) - Metal Ores and Concentrates 1197.30 1428.30 CAD Million Jun/22
(bop) - Miscellaneous Goods and Suppli 1143.60 1049.00 CAD Million Jun/22
(bop) - Meat Products 923.10 933.30 CAD Million Jun/22
(bop) - Aircraft 910.20 793.40 CAD Million Jun/22
(bop) - Plastic Resins 811.00 815.70 CAD Million Jun/22
(bop) - Basic Chemicals 777.50 764.50 CAD Million Jun/22
(bop) - Iron Ores and Concentrates 714.30 703.30 CAD Million Jun/22
(bop) - Electronic and Electrical Parts 692.10 707.90 CAD Million Jun/22
(bop) - Furniture and Fixtures 636.60 658.60 CAD Million Jun/22
(bop) - Fruits, Nuts and Vegetables 624.30 570.10 CAD Million Jun/22
(bop) - Wheat 614.90 622.60 CAD Million Jun/22
(bop) - Electrical Components 588.70 573.80 CAD Million Jun/22
(bop) - Fabricated Metal Products 501.60 492.80 CAD Million Jun/22
(bop) - Electricity 421.60 511.40 CAD Million Jun/22
(bop) - Paper and Published Products 403.90 406.70 CAD Million Jun/22
(bop) - Asphalt and Asphalt Products 390.30 388.70 CAD Million Jun/22
(bop) - Dyes and Pigments, Petrochemic 371.20 365.50 CAD Million Jun/22
(bop) - Cleaning Products and Toiletri 368.30 353.00 CAD Million Jun/22
(bop) - Animal Feed 365.50 343.90 CAD Million Jun/22
(bop) - Copper Ores and Concentrates 363.20 557.70 CAD Million Jun/22
(bop) - Special Transactions Trade 309.60 300.50 CAD Million Jun/22
(bop) - Canola 308.50 351.30 CAD Million Jun/22
(bop) - Live Animals 221.00 228.60 CAD Million Jun/22
(bop) - Non-metallic Mineral Products 202.30 195.10 CAD Million Jun/22
(bop) - Tires 186.20 183.80 CAD Million Jun/22
(bop) - Alcoholic Beverages 106.00 106.40 CAD Million Jun/22
(bop) - Coffee and Tea 82.10 83.10 CAD Million Jun/22
(bop) - Appliances 54.40 54.60 CAD Million Jun/22
(bop) - Metalworking Machinery 54.40 40.80 CAD Million Jun/22
(bop) - Dairy Products 46.40 39.50 CAD Million Jun/22
(bop) - Tobacco Products 7.10 9.40 CAD Million Jun/22

United Nations Comtrade Database
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