Imports to Canada fell by 0.5% over a month to $64.4 billion in June 2023, after increasing 3% in May, with declines observed in 7 of the 11 product sections. The most significant drop was recorded for energy products (-13%), primarily driven by a 17% slump in imports of refined petroleum energy products due to a weakened demand for motor gasoline. Imports of consumer goods also decreased 1.9%, mainly led by lower imports of pharmaceutical products (-7.2%). Among major trading partners, purchases went down mostly from Mexico (-7.4%) and Japan (-4.9%) but soared from Switzerland (+29.3%) and Germany (+16.7%). source: Statistics Canada

Imports in Canada averaged 23608.58 CAD Million from 1971 until 2023, reaching an all time high of 65858.80 CAD Million in June of 2022 and a record low of 1112.00 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 August of 2023.

Imports in Canada is expected to be 64308.00 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 68502.00 CAD Million in 2024 and 71059.00 CAD Million in 2025, according to our econometric models.

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Canada Imports



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-06 12:30 PM May C$64.97B C$63.07B C$63.8B
2023-08-08 12:30 PM Jun C$64.43B C$64.73B C$64.3B
2023-09-06 12:30 PM Jul C$64.43B


Related Last Previous Unit Reference
Balance of Trade -3731.90 -2680.10 CAD Million Jun 2023
Current Account -6166.00 -8053.00 CAD Million Mar 2023
Current Account to GDP -0.40 -0.30 percent of GDP Dec 2022
Imports 64427.90 64733.50 CAD Million Jun 2023
Exports 60696.00 62053.40 CAD Million Jun 2023
External Debt 3587795.00 3584981.00 CAD Million Mar 2023
Terms of Trade 93.90 93.50 points Jun 2023
Foreign Direct Investment 23938.00 16650.00 CAD Million Mar 2023
Capital Flows -4777.00 -3784.00 CAD Million Mar 2023
Tourist Arrivals 3332607.00 2377181.00 Jun 2023
Oil Exports 8858.60 8851.70 CAD Million Jun 2023

Canada Imports
Canada imports mainly consumer goods (19% of total), cars and parts (23%), and energy products (7%). Canada's major import partners are the US (49 percent of total imports), China (14 percent), Mexico (5.5 percent), and Germany (3.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
64427.90 64733.50 65858.80 1112.00 1971 - 2023 CAD Million Monthly

News Stream
Canada Imports Edge Down 0.5% MoM in June
Imports to Canada fell by 0.5% over a month to $64.4 billion in June 2023, after increasing 3% in May, with declines observed in 7 of the 11 product sections. The most significant drop was recorded for energy products (-13%), primarily driven by a 17% slump in imports of refined petroleum energy products due to a weakened demand for motor gasoline. Imports of consumer goods also decreased 1.9%, mainly led by lower imports of pharmaceutical products (-7.2%). Among major trading partners, purchases went down mostly from Mexico (-7.4%) and Japan (-4.9%) but soared from Switzerland (+29.3%) and Germany (+16.7%).
2023-08-08
Canada Imports Edge Up 3% MoM in May
Imports to Canada rose by 3% over a month to $64.97 billion in May 2023, following three consecutive monthly declines, with increases observed in 8 of the 11 product sections. Imports of metal & non-metallic mineral products (+12.3%) surged the most in May, attributed to higher imports of unwrought gold, silver, platinum group metals and their alloys (+42.8%). Imports of motor vehicles and parts also soared 4.5% to reach a record-high of $11.3 billion, primarily driven by higher imports of engines & parts (+6.9%) and passenger cars & light trucks (+4.6%). Among major trading partners, purchases went up mostly from the UK (82.7%) and Japan (8.2%) but slumped from the Netherlands (-13.6%) and Switzerland (-12.4%).
2023-07-06
Canada Imports Down for 3rd Month
Imports to Canada fell 0.2% over a month to $62.9 billion in April 2023, the third consecutive monthly decrease, with declines observed in 7 of the 11 product sections. Imports of energy products (-12.8%) decreased the most in April, amid a slump in crude oil imports (-20.5%), in part due to lower shipments from Saudi Arabia and the United States. Imports of refined petroleum products also fell sharply (-11.7%), mainly attributable to lower imports of motor gasoline from the United States. Meanwhile, purchases of consumer goods rose 4.0% in April, on higher imports of pharmaceutical products (+28.1%). Among major trading partners, purchases fell mostly from Switzerland (-17.1%), Italy (-10.1%), the UK (-9.2%), China (-8.9%) and the US (-0.4%), but jumped from the Netherlands (+55.6%).
2023-06-07

Canada Imports by Category Last Previous
(bop) - Total of All Merchandise 64427.90 64733.50 CAD Million Jun/23
(bop) - Consumer Goods 12502.00 12743.40 CAD Million Jun/23
(bop) - Motor Vehicles and Parts 11442.10 11399.70 CAD Million Jun/23
(bop) - Passenger Cars and Light Trucks 5592.40 5555.30 CAD Million Jun/23
(bop) - Intermediate Metal Products 4389.90 3624.20 CAD Million Jun/23
(bop) - Energy Products 3128.80 3596.10 CAD Million Jun/23
(bop) - Building and Packaging Materia 2399.30 2426.00 CAD Million Jun/23
(bop) - Miscellaneous Goods and Suppli 2000.20 1972.90 CAD Million Jun/23
(bop) - Farm and Fishing Products 1843.20 1835.10 CAD Million Jun/23
(bop) - Plastic and Rubber Products 1707.90 1745.30 CAD Million Jun/23
(bop) - Metal Ores and Concentrates 1652.20 1719.00 CAD Million Jun/23
(bop) - Electronic and Electrical Parts 1587.80 1716.80 CAD Million Jun/23
(bop) - Crude Oil and Crude Bitumen 1499.20 1656.90 CAD Million Jun/23
(bop) - Special Transactions Trade 1377.40 1231.30 CAD Million Jun/23
(bop) - Electrical Components 1258.40 1305.20 CAD Million Jun/23
(bop) - Basic Chemicals 1238.90 1211.00 CAD Million Jun/23
(bop) - Refined Petroleum Energy Produ 1094.40 1317.90 CAD Million Jun/23
(bop) - Fruits, Nuts and Vegetables 994.90 955.90 CAD Million Jun/23
(bop) - Fabricated Metal Products 919.70 901.60 CAD Million Jun/23
(bop) - Furniture and Fixtures 794.20 801.10 CAD Million Jun/23
(bop) - Plastic Resins 769.10 796.80 CAD Million Jun/23
(bop) - Cleaning Products and Toiletri 719.20 748.50 CAD Million Jun/23
(bop) - Paper and Published Products 618.80 615.40 CAD Million Jun/23
(bop) - Non-metallic Mineral Products 535.80 544.60 CAD Million Jun/23
(bop) - Aircraft 500.00 705.10 CAD Million Jun/23
(bop) - Appliances 458.90 465.30 CAD Million Jun/23
(bop) - Meat Products 452.10 459.00 CAD Million Jun/23
(bop) - Tires 412.80 404.40 CAD Million Jun/23
(bop) - Alcoholic Beverages 378.40 400.20 CAD Million Jun/23
(bop) - Nickel Ores and Concentrates 328.20 182.70 CAD Million Jun/23
(bop) - Pulp and Paper Stock 321.70 341.90 CAD Million Jun/23
(bop) - Animal Feed 259.10 267.50 CAD Million Jun/23
(bop) - Natural Gas 179.60 204.10 CAD Million Jun/23
(bop) - Metalworking Machinery 159.40 123.90 CAD Million Jun/23
(bop) - Dairy Products 151.10 163.80 CAD Million Jun/23
(bop) - Coffee and Tea 140.30 127.40 CAD Million Jun/23
(bop) - Copper Ores and Concentrates 124.50 98.20 CAD Million Jun/23
(bop) - Non-metallic Minerals 121.90 110.30 CAD Million Jun/23
(bop) - Dyes and Pigments, Petrochemic 114.30 110.20 CAD Million Jun/23
(bop) - Iron Ores and Concentrates 93.80 83.90 CAD Million Jun/23
(bop) - Tobacco Products 88.40 82.50 CAD Million Jun/23
(bop) - Live Animals 81.60 84.70 CAD Million Jun/23
(bop) - Electricity 66.20 152.70 CAD Million Jun/23
(bop) - Asphalt and Asphalt Products 39.60 46.60 CAD Million Jun/23
(bop) - Canola 3.90 8.70 CAD Million Jun/23
(bop) - Wheat 2.70 1.80 CAD Million Jun/23
(bop) - Potash 0.30 0.60 CAD Million Jun/23

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category