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.

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Canada Exports



Calendar GMT Actual Previous Consensus TEForecast
2022-12-06 01:30 PM Oct C$67.04B C$66.04B C$65B
2023-01-05 01:30 PM Nov C$64.37B C$65.89B C$67B
2023-02-07 01:30 PM Dec C$64.6B


Related Last Previous Unit Reference
Balance of Trade -40.00 130.00 CAD Million Nov 2022
Current Account -11101.00 2645.00 CAD Million Sep 2022
Current Account to GDP 0.10 -1.90 percent of GDP Dec 2021
Exports 64371.50 65893.30 CAD Million Nov 2022
Imports 64412.50 65763.20 CAD Million Nov 2022
External Debt 3441081.00 3274231.00 CAD Million Sep 2022
Terms of Trade 97.60 98.40 points Nov 2022
Foreign Direct Investment 16487.00 18971.00 CAD Million Sep 2022
Capital Flows -14411.00 184.00 CAD Million Sep 2022
Oil Exports 11662.80 11877.60 CAD Million Nov 2022
Tourist Arrivals 2029087.00 2515454.00 Sep 2022

Canada Exports
Exports account for more than 30 percent of the Canadian GDP. In 2021, the top three Canadian goods exports in terms of total value were mineral fuels, oils, distillation products (24 percent), vehicles other than railways, tramways (9.1 percent), and machinery, nuclear reactors, boilers (6.6 percent). The US is by far the largest destination for Canadian products (76 percent of total exports), followed by China (4.5 percent) and the United Kingdom (2.6 percent).
Actual Previous Highest Lowest Dates Unit Frequency
64371.50 65893.30 69319.70 1366.00 1971 - 2022 CAD Million Monthly

News Stream
Canada Exports Drop to 8-Month Low
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%.
2023-01-05
Canada Exports Rise 1.5% MoM in October
Exports from Canada rose by 1.5% mom to CAD 67.0 billion in October of 2022. Exports rose for consumer goods (+9.7%), mainly pharmaceutical products (+20.7%) led by higher exports of medicinal products to the US. Also, sales of miscellaneous goods and supplies rebounded 30.7%, mainly on higher exports of gold bars and coins to the US. Exports of farm, fishing and intermediate food products rose 10.2% to a record high, due to canola (+73.8%) and wheat (+18.0%). Meanwhile, lower exports of metal and non-metallic mineral products (-15.0%) offset much of the gain in exports in October. Exports to countries other than the US increased 2.2%, led by higher exports to China, South Korea and Italy. Exports to China sharply increased by 25.4% to a record-high $3.3 billion, driven by higher exports of canola, oilseeds and wheat. Lower exports to the UK and Hong Kong offset a large part of these gains, primarily because of a decline in gold deliveries to these countries.
2022-12-06
Canada Exports Rise 1.3% MoM in September
Exports from Canada rose by 1.3% over a month to CAD 66.4 billion in September of 2022, the first increase after two consecutive months of drops. Increases were observed in 6 of 11 product sections, boosted by farm fishing and intermediate food products (+16.7%), mainly wheat (65.2%), reflecting a strong harvest this year. Exports also increased for energy products but at a modest pace (1.9%), as higher shipments of natural gas (10.3%) and crude oil (4%) were partly offset by a slump in those of coal (-18.8%). By contrast, decreases were recorded in sales of metal ores and non-metallic minerals (-11.4%) and forestry products and building and packaging materials (-4.9%), especially lumber and other sawmill products (-14.9%).
2022-11-03

Canada Exports by Category Last Previous
(bop) - Total of All Merchandise 64371.50 67037.20 CAD Million Nov/22
(bop) - Energy Products 16307.90 18381.10 CAD Million Nov/22
(bop) - Crude Oil and Crude Bitumen 11662.80 12403.40 CAD Million Nov/22
(bop) - Consumer Goods 7229.20 7693.00 CAD Million Nov/22
(bop) - Motor Vehicles and Parts 6145.30 6582.70 CAD Million Nov/22
(bop) - Intermediate Metal Products 5724.20 4958.20 CAD Million Nov/22
(bop) - Farm and Fishing Products 5000.20 4496.40 CAD Million Nov/22
(bop) - Passenger Cars and Light Trucks 3674.10 3638.60 CAD Million Nov/22
(bop) - Building and Packaging Materia 3188.90 3287.30 CAD Million Nov/22
(bop) - Non-metallic Minerals 1633.30 1849.60 CAD Million Nov/22
(bop) - Natural Gas 1460.90 2100.80 CAD Million Nov/22
(bop) - Potash 1414.30 1550.30 CAD Million Nov/22
(bop) - Plastic and Rubber Products 1386.50 1446.40 CAD Million Nov/22
(bop) - Wheat 1364.40 1344.90 CAD Million Nov/22
(bop) - Pulp and Paper Stock 1349.50 1301.70 CAD Million Nov/22
(bop) - Refined Petroleum Energy Produ 1284.40 1398.00 CAD Million Nov/22
(bop) - Metal Ores and Concentrates 1032.40 1248.60 CAD Million Nov/22
(bop) - Miscellaneous Goods and Suppli 921.80 953.80 CAD Million Nov/22
(bop) - Meat Products 908.10 1022.30 CAD Million Nov/22
(bop) - Aircraft 834.60 891.70 CAD Million Nov/22
(bop) - Canola 802.50 706.30 CAD Million Nov/22
(bop) - Fruits, Nuts and Vegetables 795.40 653.70 CAD Million Nov/22
(bop) - Basic Chemicals 794.40 765.80 CAD Million Nov/22
(bop) - Iron Ores and Concentrates 752.20 693.50 CAD Million Nov/22
(bop) - Plastic Resins 737.30 767.90 CAD Million Nov/22
(bop) - Electronic and Electrical Parts 685.90 717.50 CAD Million Nov/22
(bop) - Furniture and Fixtures 675.50 705.20 CAD Million Nov/22
(bop) - Electrical Components 639.70 641.90 CAD Million Nov/22
(bop) - Fabricated Metal Products 529.10 524.60 CAD Million Nov/22
(bop) - Animal Feed 482.70 407.10 CAD Million Nov/22
(bop) - Electricity 416.20 649.20 CAD Million Nov/22
(bop) - Paper and Published Products 406.20 414.10 CAD Million Nov/22
(bop) - Cleaning Products and Toiletri 365.20 364.20 CAD Million Nov/22
(bop) - Dyes and Pigments, Petrochemic 352.90 339.40 CAD Million Nov/22
(bop) - Asphalt and Asphalt Products 344.70 341.70 CAD Million Nov/22
(bop) - Live Animals 219.10 218.60 CAD Million Nov/22
(bop) - Non-metallic Mineral Products 196.20 201.60 CAD Million Nov/22
(bop) - Tires 189.90 199.30 CAD Million Nov/22
(bop) - Special Transactions Trade 187.90 312.40 CAD Million Nov/22
(bop) - Copper Ores and Concentrates 128.00 407.00 CAD Million Nov/22
(bop) - Alcoholic Beverages 95.20 108.40 CAD Million Nov/22
(bop) - Coffee and Tea 82.30 85.40 CAD Million Nov/22
(bop) - Appliances 49.20 52.00 CAD Million Nov/22
(bop) - Dairy Products 40.30 53.10 CAD Million Nov/22
(bop) - Metalworking Machinery 37.90 41.60 CAD Million Nov/22
(bop) - Tobacco Products 5.60 6.80 CAD Million Nov/22

United Nations Comtrade Database
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