Imports to Canada rose 1.9% over a month to a new record high of CAD 62.8 billion in April of 2022. Main upward pressure came from consumer goods (+5.5%), in particular, clothing, footwear and accessories (+24.2%). At the same time, purchases rose for metal and non-metallic mineral products (+10.5%), driven by higher imports of unwrought gold, silver and platinum group metals (+29.8%). Also, imports rose for energy products (+5%), on account of higher purchases values of refined petroleum products (+52.6%) and natural gas (+57.0%), whereas fell sharply for basic chemicals (-26%), returning to levels similar to February. source: Statistics Canada
Imports in Canada averaged 22672.84 CAD Million from 1971 until 2022, reaching an all time high of 62811 CAD Million in April of 2022 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 June of 2022.
Imports in Canada is expected to be 54627.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Imports is projected to trend around 52000.00 CAD Million in 2023, according to our econometric models.