Canada Import Data

Canada Import Data

The modern, diversified economy of Canada, the world's second-largest country by geographical area, is focused on manufacturing, services, and natural resources. Ottawa, the capital, is a significant political and administrative hub. Over 38 million people are living there, and the GDP is projected to be USD 2.21 trillion in 2024. As per Canada import data, Canada was one of the top 10 importers in the world in 2024, with USD 558.5 billion in imports. Vehicles, machinery, and electrical equipment are the top imported goods from the United States, which is Canada's biggest import supplier.

As per Canada customs data, Canada's large import volumes, which are vital to its economy and sectors, are supported by its sophisticated infrastructure, strong trade links, and key NAFTA/USMCA ties.

10

Canada is one of the world’s leading importers, reflecting its large consumer base and industrial demand. Its high rank is supported by advanced industries and high resource consumption.

2.1%

Canada accounts for approximately 2.1% of global imports, showing its significant role in international trade. This reflects strong consumer demand and industrial.

United States

The US accounts for nearly 49.5% of Canadian imports, over USD 275 billion. Proximity and trade agreements make the US Canada’s dominant import partner.

Vehicles

 Motor vehicles and parts are Canada’s top import category, valued at USD 90.4 billion (16.3%). Significant consumer demand and manufacturing needs drive this large share.

 

Top 10 Import Products of Canada

As per Canada customs import data, automotive, industrial machinery, electronics, and energy products, essential for both manufacturing and consumption, are the top imports into Canada. Here is a full picture:

  • Vehicles (HS 87): 16.3% — USD 90.4 B
  • Machinery & Nuclear Reactors (HS 84): 14.9% — USD 82.7 B
  • Electrical Machinery & Equipment (HS 85): 9.4% — USD 52.1 B
  • Mineral Fuels & Oils (HS 27): 6.2% — USD 34.6 B
  • Plastics & Articles (HS 39): 3.5% — USD 19.5 B
  • Precious Stones & Metals (HS 71): 3.5% — USD 19.2 B
  • Pharmaceutical Products (HS 30): 3.4% — USD 19.0 B
  • Optical/Medical Instruments (HS 90): 2.8% — USD 15.6 B
  • Iron & Steel Articles (HS 73): 2.1% — USD 11.9 B
  • Furniture, Lighting, Prefab Buildings: 1.7% — USD 9.3 B
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Top 10 Import Trading Partners of Canada

As per Canada shipments data, the US and other nearby North American nations account for the majority of Canada's imports, with major Asian and European suppliers coming in second and third.

  • United States: 49.5% — USD 275 B
  • China: 11.8% — USD 66 B
  • Mexico: 6.2% — USD 34 B
  • Germany: 3.3% — USD 18.4 B
  • Japan: 2.7% — USD 15.2 B
  • South Korea: 1.8% — USD 10.2 B
  • Vietnam: 1.8% — USD 9.8 B
  • Italy: 1.7% — USD 9.5 B
  • United Kingdom: 1.2% — USD 7.0 B
  • Brazil: 1.2% — USD 6.8 B

What Details Contain In Canada Import Data?

Every shipment arriving by land, air, or sea is included in Canada’s statistical import data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of the Canadian import sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is Canada import statistics. Usually, the statistical dataset consists of:

  • Date 
  • HS Code
  • HS Code Description
  • Total Value in USD
  • FOB Value
  • Quantity
  • Weight
  • Way of Transport
  • Destination Country
  • Import Country
  • Port of Loading
  • Port of Unloading

Benefits of Canada Import data in your business

  • Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using Canada’s import statistical data.
  • Investigate International Markets: Examine Canada’s purchasing trends to identify potential export markets for your goods.
  • Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
  • Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
  • Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
  • Competitor insights: Keep tabs on where and how rivals obtain their goods.
  • Smart Pricing: To create effective pricing strategies, use actual transaction values.

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