Canada Exports

Exports from Canada dropped 2.9 percent month-over-month to CAD 48.3 billion in November of 2018, the fourth consecutive monthly decline. Shipments of energy products fell 9.2 percent to CAD 8.4 billion, following a 6.7 percent drop in October, led by crude oil exports (-17.7 percent). Lower sales of crude oil were partially offset by higher exports of coal to South Korea, China and Viet Nam. Additionally, sales of basic and industrial chemical, plastic and rubber products decreased 7.5 percent, with exports of lubricants and other petroleum refinery products down 26.4 percent, mostly on lower exports of motor gasoline blending stock to the northeastern United States. Also, exports of forestry products and building and packaging materials were down 5.7 percent, due to lower exports of pulp and paper (-10.1 percent). Exports in Canada averaged 21960.94 CAD Million from 1971 until 2018, reaching an all time high of 51023.40 CAD Million in July of 2018 and a record low of 1366 CAD Million in February of 1971.

Exports in Canada is expected to be 50500.00 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 49500.00 in 12 months time. In the long-term, the Canada Exports is projected to trend around 53000.00 CAD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-10-05	12:30 PM	Exports	C$50.55B	C$51.11B		C$ 51.3B
2018-11-02	12:30 PM	Exports	C$50.38B	C$50.45B		C$ 50.7B
2018-12-06	01:30 PM	Exports	C$49.32B	C$49.91B	C$50.47B	C$ 50.6B
2019-01-08	01:30 PM	Exports	C$48.33B	C$49.77B	C$50.47B	C$ 49.3B
2019-02-05	01:30 PM	Exports		C$48.33B		C$ 50.4B
2019-03-07	01:30 PM	Exports
2019-04-03	12:30 PM	Exports

Canada Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-2060.10	-851.10	8524.80	-3984.60	CAD Million	[+]
Current Account	-10343.00	-16679.00	12230.00	-20197.00	CAD Million	[+]
Current Account to GDP	-3.00	-3.30	2.70	-4.20	percent	[+]
Imports	50389.50	50619.40	51726.70	1112.00	CAD Million	[+]
Exports	48329.40	49768.30	51023.40	1366.00	CAD Million	[+]
External Debt	2550999.00	2546861.00	2550999.00	795408.00	CAD Million	[+]
Terms of Trade	92.30	94.40	110.30	81.20	Index Points	[+]
Foreign Direct Investment	9262.00	11674.00	50326.00	-8640.00	CAD Million	[+]
Capital Flows	0.00	0.00	4632.00	-672.00	CAD Million	[+]
Gold Reserves	0.00	0.00	46.20	0.00	Tonnes	[+]
Crude Oil Production	4176.00	4287.00	4297.00	955.00	BBL/D/1K	[+]
Terrorism Index	2.96	2.52	3.00	0.65		[+]
Tourist Arrivals	2326691.00	3081305.00	7006165.00	1138895.00		[+]
Weapons Sales	87.00	144.00	469.00	38.00	USD Million	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Canada Exports

Exports amount to more than 30 percent of Canadian GDP. In 2017, Canada main exports were: energy products (17 percent); motor vehicles and parts (17 percent); consumer goods (13 percent); metal and non-metallic mineral products (12 percent); forestry products and building and packaging materials (8 percent); basic and industrial chemical, plastic and rubber products (6 percent); industrial machinery, equipment and parts (6 percent) and farm, fishing and intermediate food products (6 percent). The United States is by far the largest destination for Canadian products (75 percent of total exports); followed by the European Union (8 percent), China (5 percent) and Japan and Mexico (2 percent each). 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 - actual data, historical chart and calendar of releases - was last updated on January of 2019.