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). source: Statistics Canada
Exports in Canada averaged 23185.89 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 June of 2021.
Exports in Canada is expected to be 50000.00 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 51000.00 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.