Canada Imports

Imports to Canada went down 0.5 percent from the previous month to CAD 50.4 billion in November of 2018. Import volumes fell 0.3 percent and prices edged down 0.1 percent. Imports of motor vehicles and parts decreased 2.8 percent to CAD 8.9 billion, mainly due to passenger cars and light trucks (-5.5 percent). Also, metal ores and non-metallic minerals fell 18.6 percent to CAD 1.1 billion, following a record high in September, as other metal ores and concentrates declined 9.6 percent mainly on lower imports of gold for refining from the United States. On the other hand, imports of aircraft and other transportation equipment and parts jumped 21.2 percent to CAD 2.1 billion, a third straight monthly increase, mainly on the strength of higher imports of airliners. Imports in Canada averaged 20642.23 CAD Million from 1971 until 2018, reaching an all time high of 51726.70 CAD Million in March of 2018 and a record low of 1112 CAD Million in January of 1971.

Imports in Canada is expected to be 52000.00 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 49000.00 in 12 months time. In the long-term, the Canada Imports is projected to trend around 49800.00 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	Imports	C$50.02B	C$51.3B		C$ 51.5B
2018-11-02	12:30 PM	Imports	C$50.79B	C$51B		C$ 50.3B
2018-12-06	01:30 PM	Imports	C$50.49B	C$50.8B	C$51.1B	C$ 50.9B
2019-01-08	01:30 PM	Imports	C$50.39B	C$50.62B	C$51.1B	C$50.2B
2019-03-06	01:30 PM	Imports		C$50.39B		C$ 52.1B
2019-03-07	01:30 PM	Imports
2019-04-03	12:30 PM	Imports

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	93.90	108.50	79.10	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	4329.00	4176.00	4329.00	955.00	BBL/D/1K	[+]
Terrorism Index	3.53	2.96	3.53	0.65		[+]
Tourist Arrivals	1744313.00	2330091.00	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 Imports

In 2017, Canada imported mainly: consumer goods (22 percent of total imports); motor vehicles and parts (20 percent); electronic and electrical equipment and parts (12 percent); industrial machinery, equipment and parts (10 percent); basic and industrial chemical, plastic and rubber products (8 percent); metal and non-metallic mineral products (8 percent) and energy products (6 percent). Canada's major import partners were: the United States (65 percent of total imports); the European Union (10 percent), of which Germany (3 percent); China (7 percent); Mexico (4 percent) and Japan (2 percent). 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 - actual data, historical chart and calendar of releases - was last updated on February of 2019.