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Canada import Statistics

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 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. 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. 

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, as per the data on Canada imports and Canada trade statistics. Based on Canada import products list, Vehicles are the biggest imports of Canada, while the USA is its biggest import partner, as per the data on Canada imports by country. 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 imports data and Canadian importers database for 2023. 

Canada Imports Data | Canadian Importers Database

13

The country has been ranked 13th in global imports, showing a significant position in the international trade landscape and import market.

2.5%

With a mere 2.5% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise. 

USA

The USA holds a significant role as the largest import partner of the country in terms of goods imports and import share.

VEHICLES

Vehicles are the biggest import commodities of the country, playing a vital role in its economy.

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Top 10 Imports of Canada: Canada Imports by HS Code

Canada, as one of the world's leading economies, engages in a vibrant import trade, with a diverse range of products contributing to its economic growth. Among the top 10 Canada imports, Vehicles and automobiles stand out as the most significant category, reflecting the nation's reliance on innovative technology. The top 10 imports of Canada in 2023 according to Canada import data and Canada trade data are:

  • Vehicles (HS code 87): 16.47% ($92.10 billion)
  • Nuclear reactors and machinery (HS code 84): 15.07% ($84.26 billion)
  • Electrical machinery and equipment (HS code 85): 9.48% ($53 billion)
  • Mineral fuels and oils (HS code 27): 6.84% ($38.26 billion)
  • Precious stones and metals, pearls (HS code 71): 3.5% ($19.58 billion)
  • Plastics and articles thereof (HS code 39): 3.45% ($19.31 billion)
  • Pharmaceutical Products (HS code 90): 3.39% ($18.39 billion)
  • Optical, medical, or surgical instruments (HS code 73): 2.7% ($15.07 billion)
  • Articles of iron or steel (HS code 94): 2.27% ($12.67 billion)
  • Furniture, bedding, and mattresses (HS code 72): 1.71% ($9.56 billion) 
    • Partners

    Top 10 Import Partners of Canada: Canada Imports by Country

    When it comes to import partners, the United States emerges as Canada's foremost collaborator, sharing a complex and robust trade relationship, as per the data on Canada imports. With nearly two-thirds of Canadian imports originating from the US, it is undeniable that Canada's southern neighbor holds a pivotal role. Canada’s top 10 import partners in 2023 based on Canada shipment data and Canada trade activities include:

    Value In Percentage(%)

  • USA: 49.6% (277.23 billion US$)
  • China: 11.8% (66.13 billion US$)
  • Mexico: 6.1% (34.19 billion US$)
  • Germany: 3.3% (18.57 billion US$)
  • Japan: 2.7% (15.31 billion US$)
  • South Korea: 1.8% (10.30 billion US$)
  • Vietnam: 1.8% (9.82 billion US$)
  • Italy: 1.7% (9.55 billion US$)
  • United Kingdom: 1.2% (6.98 billion US$)
  • Brazil: 1.2% (6.80 billion US$)
    • Sample Data

    Why is Canada Import Data Important? Canada Statistical Data and B/L Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Acquiring Canada import data allows businesses to stay updated with market trends and analyze their competitor's import activities. By knowing what products are being imported, in what quantities, and from which countries, businesses can gauge market demand, identify potential opportunities, and stay ahead of the competition. According to Canada's trade data for imports, Canada imported goods worth a total of $570.5 billion in 2023. We offer you highly helpful and informative information on Canada's import data and Canada shipment data. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We get trustworthy data from recognized Canadian ports, organizations, and other shipping firms. We obtain trustworthy data from organizations, shipping businesses, government authorities, and customs ports. For traders and marketers, the Canada statistical trade data and Canada B/L data are crucial information that helps them make informed decisions. Everything can be obtained through this shipment data from the HS codes and HS code descriptions, Canadian importers data, Canada importers list, the quantity, and the origin & destination country. We have included a sample of the shipment data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details. In our Canada statistical data report, we include the date, HS codes, HS code description, quantity, destination country, and value of each product from Canada shipment data. In our Canada B/L data, we also include the importer/exporter name, Canadian importers details, product description, quantity, HS code, and port name. In this comprehensive statistical database and B/L database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. 

    Sample Of Canada Import Data
    ID 2 MONTH APR-24
    HS CODE 0101210000 PRODUCT DESCRIPTION HORSES, LIVE, PURE-BRED BREEDING
    QUANTITY 6 COMERCIAL UNIT NUMBER
    US CIF 90000 ORIGIN COUNTRY UNITED STATES
    DESTINATION COUNTRY CANADA PROVINCE ONTARIO
    UNLOADING PORT WINDSOR - AMBASSADOR BRIDGE WAY OF TRANSPORT LAND
    Benefits

    Benefits of Canada Import Data

  • Create leads from Canada’s import Market using your ideas.
  • Discover Canada's current product demand.
  • Get exclusive access to import trends in Canada. 
  • Make your marketing plan according to import data.
  • Expand your market presence in Canada.
  • Establish long-term objectives and maximize earnings.

    • Frequently Asked Questions!!

    Acquiring Canada import data or Canada trade statistics allows businesses to stay updated with market trends and analyze their competitors' import activities. 

    Import data in Canada is collected by the Canada Border Services Agency (CBSA) through the submission of customs documents and declarations by importers.

    Based on Canada trade records, Canada's import data includes all types of goods that are brought into the country, such as raw materials, finished products, machinery, electronics, and consumer goods.

    Canada's import data is updated every month by the CBSA. However, the final annual data is typically released in the first quarter of the following year.

    The value of Canada's imports in 2023 is worth $580.5 billion according to its import data.

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