Canada Imports

Imports to Canada dropped 4.3 percent month-over-month to CAD 50.2 billion in June 2019, from an upwardly revised CAD 52.43 billion in the previous month and against market expectations of CAD 51.8 billion. Purchases of aircraft and other transportation equipment and parts slumped 25.8 percent to CAD 1.7 billion while imports of energy products went down 14.8 percent to CAD 2.7 billion, contributing to the overall decline in June. Imports in Canada averaged 21014.50 CAD Million from 1971 until 2019, reaching an all time high of 52447.10 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-05-09	12:30 PM	Imports Mar	C$52.26B	C$50.96B	C$51.5B	C$ 52.8B
2019-06-06	12:30 PM	Imports Apr	C$51.67B	C$52.38B		C$51B
2019-07-03	12:30 PM	Imports May	C$52.34B	C$51.84B	C$52.1B	C$52.5B
2019-08-02	12:30 PM	Imports Jun	C$50.17B	C$52.43B	C$51.8B	C$49.4B
2019-09-04	12:30 PM	Imports Jul		C$50.17B
2019-10-04	12:30 PM	Imports Aug
2019-11-05	01:30 PM	Imports Sep				C$ 51B

Canada Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	135.80	555.50	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	50171.50	52432.90	52447.10	1112.00	CAD Million	[+]
Exports	50307.30	52988.40	52988.40	1366.00	CAD Million	[+]
External Debt	2684119.00	2691144.00	2691144.00	795408.00	CAD Million	[+]
Terms of Trade	91.50	93.20	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	4129.00	4222.00	4520.00	955.00	BBL/D/1K	[+]
Terrorism Index	3.53	2.96	3.53	0.65		[+]
Tourist Arrivals	2809751.00	2079426.00	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 August of 2019.