Exports from Canada fell by 2.3% over a month to an eight-month low of CAD 64.4 billion in November of 2022. Declines were observed in 8 of the 11 product sections, largely due to lower exports of energy products (-4.7%), such as coal (-24.3%), natural gas (-13.1%), crude oil and bitumen exports (-1.8%) and refined petroleum energy products (-7.9%). Shipments also decreased for consumer goods (-6.3%), of which pharmaceutical and medicinal products (-12.6%) and meat products (-12.2%); motor vehicles and parts (-6.4%) and metal ores and non-metallic minerals (-13.3%). Exports to countries other than the US were down 1.3% in November. Decreases in exports to Japan (various products), China (copper, wheat, and pulse crops), South Korea (iron ores and copper ores) and other countries were partially offset by a strong increase in exports to the United Kingdom (gold). Shipments from the US fell by 2.6%. source: Statistics Canada
Exports in Canada averaged 24313.49 CAD Million from 1971 until 2022, reaching an all time high of 69319.70 CAD Million in June of 2022 and a record low of 1366.00 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 January of 2023.
Exports in Canada is expected to be 64500.00 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 68445.00 CAD Million in 2024 and 70439.00 CAD Million in 2025, according to our econometric models.