Exports from Canada decreased 1.6% mom to a 5-month low of CAD 49.5 billion in May. Exports declined in 8 of the 11 product sections, with consumer goods (-8.8%) contributing the most to the decline. After more than tripling in April, exports of prepared and packaged seafood products (-46.5%) posted the largest decrease in May. The snow crab fishing season opened earlier this spring, and exports began in April rather than May, which explains the strong opposing monthly movements. Also, exports of motor vehicles and parts decreased 5.8% in May, the seventh decline in the last eight months. Partially offsetting these declines, exports of forestry products and building and packaging materials rose 8.9% to a record $5.2 billion. source: Statistics Canada

Exports in Canada averaged 23229.04 CAD Million from 1971 until 2021, reaching an all time high of 52538.90 CAD Million in May of 2019 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 July of 2021.

Exports in Canada is expected to be 49700.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Canada to stand at 52000.00 in 12 months time. In the long-term, the Canada Exports is projected to trend around 51200.00 CAD Million in 2022, according to our econometric models.

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Canada Exports

Actual Previous Highest Lowest Dates Unit Frequency
49530.00 50333.40 52538.90 1366.00 1971 - 2021 CAD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-07 12:30 PM Feb C$49.86B C$51.22B
2021-05-04 12:30 PM Mar C$50.62B C$50.49B
2021-06-08 12:30 PM Apr C$50.21B C$50.7B
2021-07-02 12:30 PM May C$49.5B C$50.21B


News Stream
Canada Exports Fall in May
Exports from Canada decreased 1.6% mom to a 5-month low of CAD 49.5 billion in May. Exports declined in 8 of the 11 product sections, with consumer goods (-8.8%) contributing the most to the decline. After more than tripling in April, exports of prepared and packaged seafood products (-46.5%) posted the largest decrease in May. The snow crab fishing season opened earlier this spring, and exports began in April rather than May, which explains the strong opposing monthly movements. Also, exports of motor vehicles and parts decreased 5.8% in May, the seventh decline in the last eight months. Partially offsetting these declines, exports of forestry products and building and packaging materials rose 8.9% to a record $5.2 billion.
2021-07-02
Canada Exports Shrink in April
Exports from Canada retreated 1.0% month-over-month to CAD 50.2 billion in April of 2021, mainly weighed down by lower sales of motor vehicles and parts (-18.1% to CAD 5.5 billion), as a global semiconductor supply shortage forced production shutdowns in the auto assembly industry. Additionally, 5 other product sections posted decreases in sales, including energy (-2.5% to CAD 9.3 billion); metal & non-metallic mineral products (-0.3% to CAD 6.1 billion); and farm, fishing & intermediate food products (-3.0% to CAD 4.0 billion). Still, losses were limited by a surge in foreign demand for prepared & packaged seafood products, which underpinned a 14.4% jump in consumer goods to CAD 6.8 billion. Exports to the US went up 1.4% to CAD 37.1 billion, while shipments to most other countries declined, primarily to China (-5.8% to CAD 2.6 billion) and the UK (-12.3% to CAD 1.6 billion).
2021-06-08
Canada Exports Edge Up 0.3% in March
Exports from Canada edged up 0.3% month-over-month to CAD 50.6 billion to in March of 2021, boosted by sales of motor vehicles and parts (10.2%), mainly passenger cars & light trucks (12.8%), and metal ores & non-metallic minerals (33%). However, these increases were partially offset by a drop in the exports of energy products (-6.7%) due to a slump in the sales of natural gas (-46.7%), but also by the large decline in exports of aircraft & other transportation equipment & parts (-23.8%). Exports to the US decreased by 3.8% to CAD 36.5 billion while those to countries other than the US rose by 12.6% led by sales to Hong Kong, the Netherlands and South Korea.
2021-05-04
Canada Exports Fall 2.7% MoM in February
Exports from Canada fell 2.7% month-over-month to CAD 49.9 billion in February of 2021, after an upwardly revised 8.2% surge in January. The largest declines were observed in the metal and non-metallic mineral products (-10.9%), motor vehicles and parts (-10.2%) and aircraft and other transportation equipment and parts (-20.3%). Exports of energy products partially offset the overall decrease, up 18.3% to CAD 9.5 billion, their highest level since December 2019, mainly on account of sales of natural gas, which more than doubled in February. Sales of crude oil and crude bitumen (6.8%) also increased, mainly because of higher prices. Exports to the US increased by 0.8% to CAD 37.4 billion while those to countries other than the US fell by 11.7% in February to CAD 12.5 billion.
2021-04-07

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).
Canada Exports by Category Last Previous
(bop) - Total of All Merchandise 49530.00 50206.60 CAD Million May/21
(bop) - Energy Products 9259.10 9260.50 CAD Million May/21
(bop) - Crude Oil and Crude Bitumen 6631.50 6561.50 CAD Million May/21
(bop) - Consumer Goods 6244.90 6790.70 CAD Million May/21
(bop) - Motor Vehicles and Parts 5246.90 5456.30 CAD Million May/21
(bop) - Intermediate Metal Products 4704.20 4894.70 CAD Million May/21
(bop) - Building and Packaging Materia 4085.30 3651.60 CAD Million May/21
(bop) - Farm and Fishing Products 3212.90 3406.80 CAD Million May/21
(bop) - Passenger Cars and Light Trucks 3131.90 3379.20 CAD Million May/21
(bop) - Plastic and Rubber Products 1308.70 1333.10 CAD Million May/21
(bop) - Aircraft 1134.30 912.60 CAD Million May/21
(bop) - Metal Ores and Concentrates 1099.50 1260.00 CAD Million May/21
(bop) - Pulp and Paper Stock 1026.60 1001.20 CAD Million May/21
(bop) - Meat Products 904.10 932.20 CAD Million May/21
(bop) - Natural Gas 855.10 830.50 CAD Million May/21
(bop) - Miscellaneous Goods and Suppli 791.00 910.60 CAD Million May/21
(bop) - Non-metallic Minerals 766.30 673.30 CAD Million May/21
(bop) - Plastic Resins 735.90 754.60 CAD Million May/21
(bop) - Iron Ores and Concentrates 701.80 706.60 CAD Million May/21
(bop) - Wheat 670.30 776.20 CAD Million May/21

United Nations Comtrade Database
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