Imports to Canada dropped 3.9% from a month earlier to CAD 35.29 billion in May 2020, the lowest since November of 2010 and below market estimates of CAD 38.1 billion, reflecting supply challenges at a time when various economies around the world were progressively re-opening. Purchases fell mostly for basic and industrial chemical, plastic and rubber products (-14.4%); and motor vehicles and parts (-14.8%), namely passenger cars (-96.5%). On the other hand, imports of consumer goods increased 3.4 percent, led by miscellaneous goods and supplies (+27.1%) and carpets, textile furnishings and other textile products (+42.5%). Imports from the US advanced 1.2% to CAD 20.4 billion, while purchases from non-US countries plunged 10.1%, with the UK (refined gold), South Korea (motor vehicles) and Japan (motor vehicles) contributing the most to the decline.

Imports in Canada averaged 21511.42 CAD Million from 1971 until 2020, reaching an all time high of 52875.70 CAD Million in March of 2019 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 July of 2020. source: Statistics Canada

Imports in Canada is expected to be 43500.00 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 50100.00 in 12 months time. In the long-term, the Canada Imports is projected to trend around 51300.00 CAD Million in 2021 and 51000.00 CAD Million in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Canada Imports

Actual Previous Highest Lowest Dates Unit Frequency
35286.20 36713.70 52875.70 1112.00 1971 - 2020 CAD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-02 12:30 PM Feb C$49.32B C$49.74B C$49B C$50B
2020-05-05 12:30 PM Mar C$47.67B C$49.42B C$45.8B C$ 46B
2020-06-04 12:30 PM Apr C$35.91B C$47.96B C$41.37B C$42.5B
2020-07-02 12:30 PM May C$35.29B C$36.71B C$38.1B C$36.8B
2020-08-05 12:30 PM Jun C$ 38B
2020-09-03 12:30 PM Jul
2020-10-06 12:30 PM Aug
2020-11-04 01:30 PM Sep C$43.5B


News Stream
Canada Imports Fall to Over 9-Year Low in May
Imports to Canada dropped 3.9% from a month earlier to CAD 35.29 billion in May 2020, the lowest since November of 2010 and below market estimates of CAD 38.1 billion, reflecting supply challenges at a time when various economies around the world were progressively re-opening. Purchases fell mostly for basic and industrial chemical, plastic and rubber products (-14.4%); and motor vehicles and parts (-14.8%), namely passenger cars (-96.5%). On the other hand, imports of consumer goods increased 3.4 percent, led by miscellaneous goods and supplies (+27.1%) and carpets, textile furnishings and other textile products (+42.5%). Imports from the US advanced 1.2% to CAD 20.4 billion, while purchases from non-US countries plunged 10.1%, with the UK (refined gold), South Korea (motor vehicles) and Japan (motor vehicles) contributing the most to the decline.
2020-07-02
Canada April Imports Lowest since 2011
Imports to Canada were down 25.1% from a month earlier to CAD 35.9 billion in April of 2020, the lowest since February of 2011, and below market estimates of CAD 41.4 billion. Purchases fell mostly for motor vehicles & parts (-77.1%), the steepest decline ever observed, in particular passenger cars and light trucks (-90.0%), amid the widespread production shutdowns in motor vehicle manufacturing throughout the world and lower demand for new vehicles across Canada. Imports of engines and parts also fell sharply (-68.3%), mostly due to vehicle production shutdowns in Canada, but also to shutdowns in the production of engines and parts in the US and Mexico. Purchases also fell significantly for energy products (-53.6%), driven mostly by significant decreases in crude oil imports (-61.0%); and consumer goods (-11.6%). Imports were down from the US (-35.3%) and from non-US countries (-6.3%), especially on lower imports of motor vehicles and parts from Mexico, Japan and Germany.
2020-06-04
Canada Imports Fall to Near 2-1/2-Year Low
Imports to Canada declined 3.5% from a month earlier to CAD 47.7 billion, a level not observed since October 2017 but above market expectations of CAD 45.8 billion. Imports fell for passenger cars and light trucks (-6.2%); engines and parts (-23%); and energy (-5.2%), mainly crude oil (-12.8%). In addition, imports of aircraft engines and parts fell CAD 175 million; and those of aircraft also decreased CAD 169 million. Imports fell from the United States (-5.1%) and from non-US countries (-0.5%), particularly Mexico (-14.4%) and Germany (-10.2%), both in part on decreased imports of motor vehicles and parts. Also, imports from China (-1.1%) fell slightly in March. In the first quarter of 2020, imports went down 2.0%, the fourth consecutive quarterly decline. Imports of electronic and electrical equipment and parts (-7.7%), which were impacted by decreased trade with China, posted the largest quarterly decline.
2020-05-05
Canada February Imports Lowest in 2 Years
Imports to Canada decreased 0.8 percent over a month earlier to CAD 49.3 billion in February of 2020, slightly surpassing market expectations of CAD 49 billion. This was the lowest level of imports since February of 2018, amid lower purchases of energy products (-16 percent), especially due to reduced shipments of crude oil from the US. Conversely, those of aircraft and other transportation equipment and parts climbed (27.3 percent), with acquisitions of aircraft up by CAD 565 million to reach their highest level in a year. High-value airliners from the US and Europe were primarily responsible for the gain in February. Imports from the US went up 1.7 percent while those from countries other than the US plunged 5.6 percent.
2020-04-02

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).
Canada Imports by Category Last Previous
(bop) - Total of All Merchandise 35286.20 35909.00 CAD Million May/20
(bop) - Consumer Goods 9493.70 9155.90 CAD Million May/20
(bop) - Intermediate Metal Products 2485.50 2290.60 CAD Million May/20
(bop) - Building and Packaging Materia 1653.60 1626.40 CAD Million May/20
(bop) - Motor Vehicles and Parts 1604.30 1877.60 CAD Million May/20
(bop) - Miscellaneous Goods and Suppli 1491.90 1163.10 CAD Million May/20
(bop) - Farm and Fishing Products 1461.70 1377.80 CAD Million May/20
(bop) - Metal Ores and Concentrates 1390.80 1520.20 CAD Million May/20
(bop) - Electronic and Electrical Parts 1174.80 1201.70 CAD Million May/20
(bop) - Plastic and Rubber Products 1124.80 1189.90 CAD Million May/20
(bop) - Energy Products 1007.40 1263.60 CAD Million May/20
(bop) - Fruits, Nuts and Vegetables 841.70 776.70 CAD Million May/20
(bop) - Special Transactions Trade 786.70 817.00 CAD Million May/20
(bop) - Electrical Components 684.50 680.20 CAD Million May/20
(bop) - Basic Chemicals 679.20 708.30 CAD Million May/20
(bop) - Cleaning Products and Toiletri 590.70 510.80 CAD Million May/20
(bop) - Furniture and Fixtures 517.40 512.90 CAD Million May/20
(bop) - Fabricated Metal Products 485.60 470.40 CAD Million May/20
(bop) - Plastic Resins 484.80 549.00 CAD Million May/20
(bop) - Paper and Published Products 467.10 460.10 CAD Million May/20

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category