Imports to Canada rose 1.6 percent month-over-month to CAD 50.9 billion in December 2018 from a downwardly revised CAD 50.1 billion in November. It was the first monthly gain since May, boosted by purchases of energy products (19.7 percent), namely refined petroleum energy products (33.2 percent) such as diesel and biodiesel fuels. This coincided with recent maintenance and turnaround work at some Canadian refineries. Also, imports went up for motor vehicles and parts (4 percent), led by purchases of passenger cars and light trucks (8.7 percent); and metal ores and non-metallic minerals (32.8 percent). Conversely, imports of aircraft and other transportation equipment and parts fell 24.9 percent, namely aircraft (-75.9 percent), mostly on lower imports of airliners from the US. In 2018, imports grew 5.7 percent from a year earlier to CAD 607.1 billion, led by consumer goods and industrial machinery, equipment and parts. Imports in Canada averaged 20695.29 CAD Million from 1971 until 2018, reaching an all time high of 51817.90 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.

Canada Imports
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
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$50.9B C$50.1B C$ 52.1B
2019-03-27 12:30 PM Imports C$50.9B C$ 50B
2019-04-17 12:30 PM Imports
2019-05-09 12:30 PM Imports C$ 52B


Canada Trade Last Previous Highest Lowest Unit
Balance of Trade -4593.40 -1979.60 8524.80 -4593.40 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 50902.20 50098.60 51817.90 1112.00 CAD Million [+]
Exports 46308.80 48119.00 51344.60 1366.00 CAD Million [+]
External Debt 2691144.00 2550999.00 2691144.00 795408.00 CAD Million [+]
Terms of Trade 87.40 92.30 108.50 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 4225.00 4329.00 4329.00 955.00 BBL/D/1K [+]
Terrorism Index 3.53 2.96 3.53 0.65 [+]
Tourist Arrivals 2145219.00 1744313.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50902.20 50098.60 51817.90 1112.00 1971 - 2018 CAD Million Monthly




Related

Latest