Imports to Canada went down 0.6 percent from the previous month to CAD 50.49 billion, the fourth decrease in the past in the past five months. Declines were observed in 7 of 11 sections. Purchases of motor vehicles and parts declined 3.5 percent to CAD 9.1 billion, namely passenger cars and light trucks (-5.8% to CAD 3.9 billion) and electric cars. Additionally, basic and industrial chemical, plastic and rubber products declined 4.5 percent to CAD 4 billion, as lubricants and other petroleum refinery products decreased 13.6 percent, on the back of lower imports of crude oil diluents from the United States. Contrarily, imports of aircraft and other transportation equipment and parts rose 11.3 percent to CAD 1.7 billion. Imports in Canada averaged 20590.97 CAD Million from 1971 until 2018, reaching an all time high of 51889.50 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 52100.00 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 51000.00 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.

Canada Imports
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-05 12:30 PM Imports C$51.38B C$51.6B C$ 51.5B
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
2019-02-06 01:30 PM Imports C$ 52.1B
2019-03-07 01:30 PM Imports


Canada Trade Last Previous Highest Lowest Unit
Balance of Trade -1165.20 -890.80 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 50488.30 50802.20 51889.50 1112.00 CAD Million [+]
Exports 49323.10 49911.40 51016.70 1366.00 CAD Million [+]
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 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50488.30 50802.20 51889.50 1112.00 1971 - 2018 CAD Million Monthly




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