Canada Imports Rebound in October
2026-01-08 13:51
By
Isabela Couto
1 min. read
Canada’s imports rose 3.4% month-over-month to C$66.2 billion in October, rebounding from a 4.3% decline in September.
Gains were recorded in eight of the eleven product categories.
Imports of electronic and electrical equipment and parts climbed 10.2%, with increases across all subgroups.
After plunging 27.9% in September, imports of metal and non-metallic mineral products rebounded 9.5%, largely driven by a 55.3% surge in unwrought gold, silver, and platinum group metals and their alloys.
Imports of industrial machinery, equipment, and parts increased 5.7%, supported by higher purchases of general-purpose machinery (5.6%), logging, construction, mining, and oil and gas field equipment (14.7%), and parts of industrial machinery (7.1%).
Partly offsetting the overall rise, imports of basic and industrial chemicals, plastics, and rubber products fell 7.5%, reaching their lowest level since July 2023.