Canada Imports

Imports to Canada were down 1.6 percent month-over-month to CAD 50.9 billion in February 2019, from an upwardly revised CAD 51.7 billion in January and against market expectations of CAD 51.5 billion. Purchases decreased for metal and non-metallic mineral products (-7.7 percent) on gold, motor vehicles & parts (-1.9 percent), consumer goods (-1.9 percent), electronic & electrical equipment (-3.8 percent) and industrial machinery & equipment (-3.5 percent). Imports fell from China (-10.2 percent), Mexico (-14.1 percent) and Germany (-10.8 percent) while those from the US rose 1.2 percent Imports in Canada averaged 20801.68 CAD Million from 1971 until 2019, reaching an all time high of 51791.60 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 50800.00 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 54300.00 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
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$50.9B	C$50.1B		C$ 52.1B
2019-03-27	12:30 PM	Imports	C$51.82B	C$51.05B	C$50.51B	C$ 50B
2019-04-17	12:30 PM	Imports	C$50.87B	C$51.71B	C$51.5B	C$ 50.3B
2019-05-09	12:30 PM	Imports				C$ 52B
2019-06-06	12:30 PM	Imports
2019-07-03	12:30 PM	Imports

Canada Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-2894.80	-3086.20	8524.80	-4804.30	CAD Million	[+]
Current Account	-15483.00	-10108.00	12230.00	-20197.00	CAD Million	[+]
Current Account to GDP	-3.00	-3.30	2.70	-4.20	percent	[+]
Imports	50870.00	51710.00	51791.60	1112.00	CAD Million	[+]
Exports	47970.00	48620.00	51314.50	1366.00	CAD Million	[+]
External Debt	2691144.00	2561243.00	2691144.00	795408.00	CAD Million	[+]
Terms of Trade	89.20	87.50	108.50	79.10	Index Points	[+]
Foreign Direct Investment	17199.00	8909.00	50326.00	-8640.00	CAD Million	[+]
Capital Flows	-27.00	0.00	4632.00	-672.00	CAD Million	[+]
Gold Reserves	0.00	0.00	46.20	0.00	Tonnes	[+]
Crude Oil Production	4379.00	4225.00	4379.00	955.00	BBL/D/1K	[+]
Terrorism Index	3.53	2.96	3.53	0.65		[+]
Tourist Arrivals	1491861.00	2145219.00	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 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 April of 2019.