Canada Imports Hit Record High in April

2026-06-09 12:38 By Isabela Couto 1 min. read

Canada’s imports edged up 0.3% month-on-month to a record C$72.4 billion in April 2026, with gains recorded in 6 of the 11 product categories.

Imports of basic and industrial chemical, plastic, and rubber products rose 16.9%, providing the largest contribution to the increase.

Purchases of lubricants and other petroleum refinery products jumped 49.0%, mainly due to higher imports of crude oil diluents from the US.

Imports of electronic and electrical equipment and parts increased 4.2%, while imports of computers and computer peripherals rose 13.2% to a record high, driven by higher shipments of processing units from Ireland for use in data centres.

Partially offsetting these gains was a 12.9% decline in imports of metal and non-metallic mineral products, largely reflecting a 27.5% drop in purchases of unwrought gold, silver, platinum group metals, and their alloys.



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Canada Imports Hit Record High in April
Canada’s imports edged up 0.3% month-on-month to a record C$72.4 billion in April 2026, with gains recorded in 6 of the 11 product categories. Imports of basic and industrial chemical, plastic, and rubber products rose 16.9%, providing the largest contribution to the increase. Purchases of lubricants and other petroleum refinery products jumped 49.0%, mainly due to higher imports of crude oil diluents from the US. Imports of electronic and electrical equipment and parts increased 4.2%, while imports of computers and computer peripherals rose 13.2% to a record high, driven by higher shipments of processing units from Ireland for use in data centres. Partially offsetting these gains was a 12.9% decline in imports of metal and non-metallic mineral products, largely reflecting a 27.5% drop in purchases of unwrought gold, silver, platinum group metals, and their alloys.
2026-06-09
Canada Imports Fall in March
Canada’s imports fell 1.6% month-on-month to C$72.8 billion in March 2026, with declines in 8 of 11 product categories. Consumer goods imports dropped 3.9%, led by a 9.3% fall in pharmaceuticals after a 14.4% surge in February. Decreases were also seen in clothing, shoes and accessories (-4.2%), other food products (-4.1%), miscellaneous goods (-2.7%), and meat products (-9.3%). Imports of aircraft and other transportation equipment plunged 12.8% after a 13.0% jump in February, driven by a 64.4% drop in aircraft purchases, as February’s elevated imports from the US were not repeated. Despite the monthly decline, total imports rose 4.6% in Q1 2026, with over two-thirds of the increase driven by metal and non-metallic mineral products, which surged 38.1%.
2026-05-05
Canada Imports Surge to Record C$72.1 Billion in February
Canada's imports surged 8.4% month-on-month to a record C$72.1 billion in February 2026, with all but one product section increasing. Metal and non-metallic mineral products led gains at 45.6%, with unwrought gold, silver, and platinum group metals more than doubling on higher US purchases. Motor vehicles and parts rose 5.9%, driven by motor vehicle engines and parts up 7.5%, coinciding with a rebound in Canadian motor vehicle production. Energy products surged 20.1%, with crude oil and bitumen up 35.3% on higher US shipments, and refined petroleum products up 31.0%. Canada's merchandise trade deficit widened to C$5.7 billion in February from C$4.2 billion in January, the largest deficit since August 2025.
2026-04-02