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.