Exports from Canada surged 6.3 percent over a month to a fresh record high of CAD 63.6 billion in March of 2022, above market forecasts of CAD 61.76 billion. Shipments rose in 9 of 11 product sections, with higher prices playing again a major role in the overall increase. Main upward pressure came mostly from energy products (12.8%), which accounted for over a quarter of exports in March, while exports of non-energy products rose at a slower 4%. In particular, overseas sales of metal ores and non-metallic minerals jumped 19.4%, namely potash (+22.5%). Demand for Canadian fertilizers has increased since the Russian invasion of Ukraine and the resulting sanctions that have been imposed on trade with Russia, pushing Canadian exports of potash to record levels. Shipments of motor vehicles and parts increased by 7.9%, reflecting higher manufacturing activity throughout North America. source: Statistics Canada

Exports in Canada averaged 23762.08 CAD Million from 1971 until 2022, reaching an all time high of 63628.40 CAD Million in March of 2022 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 May of 2022.

Exports in Canada is expected to be 58269.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Exports is projected to trend around 58500.00 CAD Million in 2023 and 58200.00 CAD Million in 2024, according to our econometric models.

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Canada Exports



Calendar GMT Actual Previous Consensus TEForecast
2022-04-05 12:30 PM Feb C$58.75B C$57.12B C$58.05B C$55.4B
2022-05-04 12:30 PM Mar C$63.63B C$59.84B C$61.76B C$58.6B
2022-06-07 12:30 PM Apr C$63.63B


Related Last Previous Unit Reference
Balance of Trade 2485.70 3080.90 CAD Million Mar 2022
Current Account -797.00 808.00 CAD Million Dec 2021
Current Account to GDP -1.90 -2.10 percent of GDP Dec 2020
Imports 61142.70 56757.60 CAD Million Mar 2022
Exports 63628.40 59838.50 CAD Million Mar 2022
External Debt 3334890.00 3251324.00 CAD Million Dec 2021
Terms of Trade 108.10 104.30 points Mar 2022
Capital Flows 3488.00 -3855.00 CAD Million Dec 2021
Foreign Direct Investment 19439.00 18182.00 CAD Million Dec 2021
Oil Exports 13240.70 10902.70 CAD Million Mar 2022
Tourist Arrivals 761360.00 560300.00 Dec 2021

Canada Exports
Exports account for more than 30 percent of Canadian GDP. In 2018, Canada main exports were: energy products (19 percent); motor vehicles and parts (15 percent); consumer goods (11 percent); metal and non-metallic mineral products (11 percent); forestry products and building and packaging materials (8 percent); farm, fishing and intermediate food products (7 percent); industrial machinery, equipment and parts (7 percent) and basic and industrial chemical, plastic and rubber products (6 percent). The US is by far the largest destination for Canadian products (74 percent of total exports); followed by the EU (8 percent), of which Germany (3 percent), China (5 percent) and Japan and Mexico (2 percent each).
Actual Previous Highest Lowest Dates Unit Frequency
63628.40 59838.50 63628.40 1366.00 1971 - 2022 CAD Million Monthly

News Stream
Canada Exports Hit New High
Exports from Canada surged 6.3 percent over a month to a fresh record high of CAD 63.6 billion in March of 2022, above market forecasts of CAD 61.76 billion. Shipments rose in 9 of 11 product sections, with higher prices playing again a major role in the overall increase. Main upward pressure came mostly from energy products (12.8%), which accounted for over a quarter of exports in March, while exports of non-energy products rose at a slower 4%. In particular, overseas sales of metal ores and non-metallic minerals jumped 19.4%, namely potash (+22.5%). Demand for Canadian fertilizers has increased since the Russian invasion of Ukraine and the resulting sanctions that have been imposed on trade with Russia, pushing Canadian exports of potash to record levels. Shipments of motor vehicles and parts increased by 7.9%, reflecting higher manufacturing activity throughout North America.
2022-05-04
Canada Exports Beat Expectations, New All-Time High
Exports from Canada climbed 2.8 percent over a month to a fresh record high of CAD 58.7 billion in February of 2022, above market forecasts of CAD 58.05 billion. Shipments rose in 8 of 11 product sections, with higher prices playing a major role in the overall increase. Main upward pressure came mostly from energy products (7.8%), which accounted for over a quarter of exports in February, while exports of non-energy products saw a much more modest increase (1.2%). In particular, sales of aircraft and other transportation equipment & parts bounced back robustly (54%), mainly private jets and commercial aircraft. Still, the rise in exports was capped by a sharp contraction in consumer good shipments (-11.4%), weighed down by a slump in pharmaceuticals.
2022-04-05
Canada Exports Edge Down 0.2% in January
Exports from Canada edged down 0.2% over a month to CAD 56.6 billion in January of 2022 with declines observed in 7 of 11 product sections. Sales mainly decreased for passenger cars and light trucks (-15%) as supply chain issues continued to affect the Canadian auto industry in January, forcing most auto manufacturers to reduce production. Also, exports of aircraft and other transportation equipment and parts decreased 25.8%. However,these declines were almost entirely offset by higher exports of energy products (+ 8.7% vs -11.8% in December), particularly natural gas (+66.4%) and coal (+50.7%).
2022-03-08

Canada Exports by Category Last Previous
(bop) - Total of All Merchandise 63628.40 58745.90 CAD Million Mar/22
(bop) - Energy Products 17934.00 15398.60 CAD Million Mar/22
(bop) - Crude Oil and Crude Bitumen 13240.70 10902.70 CAD Million Mar/22
(bop) - Consumer Goods 7168.20 6764.90 CAD Million Mar/22
(bop) - Motor Vehicles and Parts 6738.40 5820.70 CAD Million Mar/22
(bop) - Intermediate Metal Products 5621.30 5269.30 CAD Million Mar/22
(bop) - Passenger Cars and Light Trucks 4236.10 3501.80 CAD Million Mar/22
(bop) - Building and Packaging Materia 3928.20 3785.40 CAD Million Mar/22
(bop) - Farm and Fishing Products 2965.00 3115.40 CAD Million Mar/22
(bop) - Plastic and Rubber Products 1552.80 1530.20 CAD Million Mar/22
(bop) - Non-metallic Minerals 1543.30 1259.80 CAD Million Mar/22
(bop) - Natural Gas 1493.40 1476.90 CAD Million Mar/22
(bop) - Metal Ores and Concentrates 1345.40 1099.50 CAD Million Mar/22
(bop) - Potash 1201.90 952.80 CAD Million Mar/22
(bop) - Refined Petroleum Energy Produ 1182.10 927.60 CAD Million Mar/22
(bop) - Pulp and Paper Stock 1040.90 1016.20 CAD Million Mar/22
(bop) - Meat Products 941.40 934.00 CAD Million Mar/22
(bop) - Plastic Resins 881.70 865.90 CAD Million Mar/22
(bop) - Miscellaneous Goods and Suppli 844.60 761.00 CAD Million Mar/22
(bop) - Aircraft 810.30 788.60 CAD Million Mar/22
(bop) - Iron Ores and Concentrates 729.50 561.60 CAD Million Mar/22
(bop) - Basic Chemicals 664.20 696.50 CAD Million Mar/22
(bop) - Electronic and Electrical Parts 646.00 648.30 CAD Million Mar/22
(bop) - Furniture and Fixtures 645.20 605.50 CAD Million Mar/22
(bop) - Electrical Components 576.50 561.60 CAD Million Mar/22
(bop) - Wheat 541.60 792.80 CAD Million Mar/22
(bop) - Fruits, Nuts and Vegetables 527.90 402.20 CAD Million Mar/22
(bop) - Fabricated Metal Products 490.40 447.00 CAD Million Mar/22
(bop) - Copper Ores and Concentrates 466.20 394.70 CAD Million Mar/22
(bop) - Paper and Published Products 387.20 371.80 CAD Million Mar/22
(bop) - Cleaning Products and Toiletri 362.10 308.20 CAD Million Mar/22
(bop) - Animal Feed 334.70 323.80 CAD Million Mar/22
(bop) - Electricity 318.70 432.10 CAD Million Mar/22
(bop) - Special Transactions Trade 307.30 285.50 CAD Million Mar/22
(bop) - Dyes and Pigments, Petrochemic 305.10 343.70 CAD Million Mar/22
(bop) - Canola 296.40 405.90 CAD Million Mar/22
(bop) - Asphalt and Asphalt Products 275.00 271.70 CAD Million Mar/22
(bop) - Live Animals 223.70 212.30 CAD Million Mar/22
(bop) - Tires 186.80 163.50 CAD Million Mar/22
(bop) - Non-metallic Mineral Products 183.60 176.70 CAD Million Mar/22
(bop) - Alcoholic Beverages 102.60 103.00 CAD Million Mar/22
(bop) - Coffee and Tea 72.30 70.70 CAD Million Mar/22
(bop) - Appliances 47.60 47.00 CAD Million Mar/22
(bop) - Dairy Products 41.20 40.30 CAD Million Mar/22
(bop) - Metalworking Machinery 41.10 49.10 CAD Million Mar/22
(bop) - Tobacco Products 14.70 17.80 CAD Million Mar/22

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category