Canada Exports

Exports from Canada fell 1.2 percent month-over-month to CAD 49.32 billion in October 2018, despite increases in 7 of 11 sections. It was the third consecutive month decline in Canadian exports, as sales of energy products slumped 12.4 percent to CAD 8.8 billion, mainly crude oil (-16.2 percent). Crude oil export prices were down 15.4 percent, the most since February 2016, as discounts for Canadian produced crude oil deepened. On the other hand, exports of motor vehicles and parts were up 4.4 percent to CAD 7.8 billion, driven by higher sales of passenger cars and light trucks (+6.6 percent); and exports of farm, fishing and intermediate food products increased 4.8 percent to CAD 3.4 billion, mainly canola. Exports in Canada averaged 21914.67 CAD Million from 1971 until 2018, reaching an all time high of 51016.70 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 50400.00 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 48000.00 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
2018-09-05	12:30 PM	Exports	C$51.27B	C$50.86B		C$ 51B
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
2019-02-06	01:30 PM	Exports				C$ 50.4B
2019-03-07	01:30 PM	Exports

Canada Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-1165.20	-890.80	8524.80	-3984.60	CAD Million	[+]
Exports	49323.10	49911.40	51016.70	1366.00	CAD Million	[+]
Imports	50488.30	50802.20	51889.50	1112.00	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	[+]
External Debt	2534415.00	2506383.00	2534415.00	795408.00	CAD Billion	[+]
Terms of Trade	94.40	94.00	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	4287.00	3783.00	4297.00	955.00	BBL/D/1K	[+]
Terrorism Index	2.96	2.52	3.00	0.65		[+]
Tourist Arrivals	3081305.00	4317732.00	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 December of 2018.