Imports in Canada

Canada Imports | Economic News & Forecasts

Canada - Imports

Growth likely picked up in Q1 in SAAR terms following a much weaker-than-predicted Q4 last year, helped by a supportive base effect and inventory accumulation. In January, the economy outperformed expectations, driven by broad-based expansions in almost all industries, particularly construction and manufacturing. However, the expansion in Q1 was likely still modest overall. The unemployment rate ticked up in the quarter, while retail sales were muted in the first two months of the year, suggesting subdued household spending. Moreover, the manufacturing PMI maintained a downward trajectory throughout the quarter, suggesting the sector posted only a meager expansion. In political news, on 15 April the government discretely reduced retaliatory tariffs on some U.S. imports in a bid to proactively avoid losing domestic jobs. However, the move could in turn reduce pressure on the Trump administration to lift tariffs on Canadian steel and aluminum.

Canada - Imports Data

2013  2014  2015  2016  2017  
Imports (USD billion)473  475  429  413  442  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Canada Imports Chart

Canada Imports
Note: Imports in CAD billion.
Source: Statistics Canada.

Canada Facts

Bond Yield1.731.00 %May 11
Exchange Rate1.350.15 %May 13
Stock Market16,1930.23 %May 13

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form