Canada Import Data
Canada is a nation in North America. Along with various bodies of water, such as the Atlantic and Pacific Oceans, the United States, and Greenland, the nation shares boundaries with other nations. Canada has one of the most advanced economies combined with the least amount of corruption. The nation is ranked 29th in the world according to the complexity index. On the other hand, the nation ranked ninth in terms of GDP. Canada ranked 10th out of 226 nations in terms of total imports in 2023, according to import data. As businesses continue to expand globally, understanding import data has become crucial. Based on Canada trade statistics, Canada is ranked as the 13th biggest importer in the world. The Canada import trade database that we provide, comes under two database reports - Statistical data and Bill of lading data.
According to Canada’s import data, Canada imported goods worth $570.5 billion in 2023. Imports of goods into Canada declined by 2% from the previous year to 2023. Based on Canada shipment data for 2023, Vehicles are the biggest imports of Canada, while the USA is its biggest import partner. Canada’s total GDP is $2.14 trillion, with a GDP import share of 33.93%. Canada is part of major trading blocs such as the WTO, NAFTA, CETA, and OECD. Whether you are a seasoned importer or new to the industry, this detailed information provides you with valuable insights into Canada import data for 2023.