Imports to Canada increased 2.1% mom to CAD 50.9 billion in May. Imports of metal and non-metallic mineral products rose 17.7% to reach a record high of $5.3 billion, led by unwrought gold, silver and platinum group metals and their alloys (+28.5%). Imports of consumer goods rose 4.8%, led by miscellaneous goods and supplies (+15.1%). source: Statistics Canada

Imports in Canada averaged 22064.23 CAD Million from 1971 until 2021, reaching an all time high of 52759.20 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 2021.

Imports in Canada is expected to be 51500.00 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 50500.00 in 12 months time. In the long-term, the Canada Imports is projected to trend around 51000.00 CAD Million in 2022, according to our econometric models.

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Canada Imports

Actual Previous Highest Lowest Dates Unit Frequency
50916.20 49871.00 52759.20 1112.00 1971 - 2021 CAD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-04-07 12:30 PM Feb C$48.82B C$50.02B
2021-05-04 12:30 PM Mar C$51.76B C$49.07B
2021-06-08 12:30 PM Apr C$49.61B C$52.05B
2021-07-02 12:30 PM May C$50.92B C$49.87B

News Stream
Canada Imports Rise in May
Imports to Canada increased 2.1% mom to CAD 50.9 billion in May. Imports of metal and non-metallic mineral products rose 17.7% to reach a record high of $5.3 billion, led by unwrought gold, silver and platinum group metals and their alloys (+28.5%). Imports of consumer goods rose 4.8%, led by miscellaneous goods and supplies (+15.1%).
Canada Imports Drop 4.7% in April
Imports to Canada fell 4.7% month-over-month to CAD 49.6 billion in April of 2021, largely attributed to a significant contraction in purchases of motor vehicles and parts (-22.1% to CAD 6.6 billion), as a global semiconductor supply shortage forced production shutdowns in the auto assembly industry. Also, imports retreated for consumer goods (-3.3% to CAD 11.0 billion); metals & non-metallic mineral products (-2.7% to CAD 4.5 billion); and industrial machinery, equipment & parts (-0.9% to CAD 5.5 billion). Imports from the US dropped by 5.2% to CAD 30.7 billion, in line with other major trade partners, such as China (-18.8% to CAD 4.7 billion) and Mexico (-6.6% to CAD 1.4 billion).
Canada Imports Rebound to Nearly 2-Year High
Imports to Canada rose 5.5% month-over-month to CAD 51.8 billion in March of 2021, the highest level observed since May 2019, as all 11 product sections posted increases, with 9 up more than CAD 100 million. The strongest gain was recorded in the purchases of energy products (54.7%), driven by robust increases in the imports of refined petroleum products (160.2%) and crude oil (19.4%). Nevertheless, energy imports were still 25% below their January 2020 level, when they last peaked. In addition, there was also the rebound in the purchases of motor vehicles & parts (4.6%), as production in assembly plants seems to be slowly picking up. Imports from the US rose 5.2% to CAD 32.3 billion, while those from countries other than the US were up by 5.9% to CAD 19.5 billion.
Canada Imports Drop to 6-Month Low
Imports to Canada decreased 2.4% month-over-month to CAD 48.8 billion in February of 2021, their lowest level since August 2020. Purchases fell primarily for motor vehicles and parts (-7.8%), namely engines and parts (-14.4%) and passenger cars and light trucks (-4.6%), with worldwide production adjusting to this new challenge. Also, purchases of energy products fell strongly (-21.4%), namely refined petroleum products (-58%). Conversely, imports of aircraft and other transportation equipment and parts increased (29.1%), in particular, those of aircraft because of the import of four commercial airliners. This was the first time since August 2019 that at least four commercial airliners were imported. Imports from the US were down 1.7% while those from countries other than the US fell 3.6%.

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 50916.20 49612.70 CAD Million May/21
(bop) - Consumer Goods 11645.70 10966.40 CAD Million May/21
(bop) - Motor Vehicles and Parts 6937.00 6641.90 CAD Million May/21
(bop) - Intermediate Metal Products 3553.60 2865.80 CAD Million May/21
(bop) - Passenger Cars and Light Trucks 3413.30 3050.20 CAD Million May/21
(bop) - Miscellaneous Goods and Suppli 2260.70 1945.10 CAD Million May/21
(bop) - Building and Packaging Materia 2122.80 2142.40 CAD Million May/21
(bop) - Energy Products 2094.50 2445.30 CAD Million May/21
(bop) - Plastic and Rubber Products 1686.60 1663.40 CAD Million May/21
(bop) - Farm and Fishing Products 1555.20 1560.20 CAD Million May/21
(bop) - Electronic and Electrical Parts 1339.70 1358.90 CAD Million May/21
(bop) - Special Transactions Trade 1257.60 1393.70 CAD Million May/21
(bop) - Metal Ores and Concentrates 1137.30 1039.40 CAD Million May/21
(bop) - Crude Oil and Crude Bitumen 1119.90 1250.10 CAD Million May/21
(bop) - Electrical Components 917.50 922.70 CAD Million May/21
(bop) - Furniture and Fixtures 866.60 848.10 CAD Million May/21
(bop) - Fruits, Nuts and Vegetables 841.30 845.60 CAD Million May/21
(bop) - Plastic Resins 831.10 794.90 CAD Million May/21
(bop) - Basic Chemicals 821.10 758.00 CAD Million May/21
(bop) - Fabricated Metal Products 683.20 685.80 CAD Million May/21

United Nations Comtrade Database
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