Imports to Canada rose 1.2 percent month-over-month to CAD 50.9 billion in July 2019 from a downwardly revised CAD 50.28 billion in the previous month but below market expectations of CAD 51.8 billion. Imports of consumer goods (2.4 percent) drove the increase, primarily pharmaceutical products (19.7 percent), which hit a record high in July, mainly from Switzerland and Germany. Also, purchases went up for aircraft and other transportation equipment and parts (10.2 percent), namely locomotive cars used to transport crude oil, and parts for armoured vehicles. Imports of metal ores and non-metallic minerals rebounded (12.6 percent vs -13.6 percent in June), namely bauxite and aluminum oxide used in aluminum production, as activities at certain aluminum smelters resumed. Gold imports also rose, driven mainly by increased shipments from Japan and Peru. Imports from the US rose 1.6 percent and those from countries other than the US advanced 0.5 percent. Imports in Canada averaged 21065.60 CAD Million from 1971 until 2019, reaching an all time high of 52400.10 CAD Million in May of 2019 and a record low of 1112 CAD Million in January of 1971.

Imports in Canada is expected to be 51000.00 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 51600.00 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
2019-06-06 12:30 PM Imports Apr C$51.67B C$52.38B C$51B
2019-07-03 12:30 PM Imports May C$52.34B C$51.84B C$52.1B C$52.5B
2019-08-02 12:30 PM Imports Jun C$50.17B C$52.43B C$51.8B C$49.4B
2019-09-04 12:30 PM Imports Jul C$50.89B C$50.28B C$51.8B C$51.1B
2019-10-04 12:30 PM Imports Aug C$50.89B
2019-11-05 01:30 PM Imports Sep C$ 51B
2019-12-05 01:30 PM Imports Oct


Canada Trade Last Previous Highest Lowest Unit
Balance of Trade -1124.40 -54.70 8524.80 -4962.00 CAD Million [+]
Current Account -6380.00 -16630.00 12230.00 -20197.00 CAD Million [+]
Current Account to GDP -2.60 -2.80 2.70 -4.20 percent [+]
Imports 50888.20 50278.20 52400.10 1112.00 CAD Million [+]
Exports 49763.80 50223.50 52869.70 1366.00 CAD Million [+]
External Debt 2736179.00 2684119.00 2736179.00 795408.00 CAD Million [+]
Terms of Trade 92.00 91.50 108.50 79.10 Index Points [+]
Foreign Direct Investment 21668.00 12022.00 50326.00 -8640.00 CAD Million [+]
Capital Flows 0.00 -89.00 4632.00 -672.00 CAD Million [+]
Gold Reserves 0.00 0.00 46.20 0.00 Tonnes [+]
Crude Oil Production 4184.00 4331.00 4520.00 955.00 BBL/D/1K [+]
Terrorism Index 3.53 2.96 3.53 0.65 [+]
Tourist Arrivals 3889172.00 2809751.00 7006165.00 1138895.00 [+]
Weapons Sales 84.00 64.00 473.00 38.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Canada Imports

In 2018, Canada imported mainly: consumer goods (20 percent of total imports); motor vehicles and parts (19 percent); electronic and electrical equipment and parts (12 percent); industrial machinery, equipment and parts (11 percent); basic and industrial chemical, plastic and rubber products (8 percent); metal and non-metallic mineral products (7 percent) and energy products (6 percent). Canada's major import partners were: the US (64 percent of total imports); the EU (10 percent), of which Germany (3 percent); China (8 percent); Mexico (3 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50888.20 50278.20 52400.10 1112.00 1971 - 2019 CAD Million Monthly




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