Imports to Canada increased 0.9 percent from the previous month to CAD 49.8 billion in January of 2021, following two consecutive months of decline. Imports of energy products (+20.5%) posted the largest gain in January, mainly on higher imports of refined petroleum products (+87.8%), of which diesel. Imports of electronic and electrical equipment and parts (+2.9%) also contributed to the increase, namely electronic and electrical parts and of computers and computer peripherals. source: Statistics Canada
Imports in Canada averaged 21874.26 CAD Million from 1971 until 2021, reaching an all time high of 52759.20 CAD Million in March of 2019 and a record low of 1112 CAD Million in January of 1971. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Imports in Canada is expected to be 49500.00 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 51300.00 in 12 months time. In the long-term, the Canada Imports is projected to trend around 51000.00 CAD Million in 2022, according to our econometric models.