Canada Imports

Country:
Canada
CAD, Canadian dollar
Sector:
Trade
Low $50.488 B
$50.802 B
Last release Importance Actual Forecast
Previous
$50.488 B
Next release Actual Forecast
Previous
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Canada Imports reflect the US dollar value of imported goods in the specified month. The dollar calculation of the import value provides for a proper comparison of Canada's imports with other countries and a correct evaluation of trade statistics. Economists use the indicator to evaluate the structure and intensity of trade flows.

A trade deficit is formed when more goods and services are imported than exported. For countries with highly developed economies, like Canada, it means that labor-intensive production is transferred abroad, thus restraining inflation and maintaining high standard of living. A trade deficit in these cases is covered by other methods of economic interaction, for example by issuing debt instruments.

A change in the imports volume is an important factor in evaluating economic situation. This indicator is a significant component of the country's GDP.

The impact of imports on Canadian dollar quotes is ambiguous and depends on the context of business cycles and other economic indicators, such as production dynamics. Generally, Canada residents need to sell the Canadian dollar and purchase foreign currency in order to pay to the supplier for import deliveries. Therefore, a sharp increase in imports volume can affect CAD quotes negatively. However, the effect of this trade balance component on CAD volatility is usually of a short-term nature.

Last values:

actual data

The chart of the entire available history of the "Canada Imports" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
Oct 2018
$50.488 B
$50.802 B
Sep 2018
$50.791 B
$51.004 B
Aug 2018
$50.023 B
$51.303 B
Jul 2018
$51.38 B
$51.603 B
Jun 2018
$51.324 B
$51.432 B
May 2018
$51.115 B
$50.261 B
Apr 2018
$50.467 B
$51.752 B
Mar 2018
$51.724 B
$48.802 B
Feb 2018
$48.627 B
$47.716 B
Jan 2018
$47.746 B
$49.866 B
Dec 2017
$49.696 B
$48.958 B
Nov 2017
$48.746 B
$46.092 B
Oct 2017
$45.93 B
$46.665 B
Sep 2017
$46.74 B
$46.871 B
Aug 2017
$47.043 B
$47.034 B
Jul 2017
$47.18 B
$50.2 B
Jun 2017
$50.12 B
$49.98 B
May 2017
$49.77 B
$48.6 B
Apr 2017
$48.06 B
$47.76 B
Mar 2017
$47.11 B
$46.33 B
Feb 2017
$46.31 B
$46.04 B
Jan 2017
$45.64 B
$45.77 B
Dec 2016
$45.52 B
$45.06 B
Nov 2016
$45.09 B
$44.76 B
Oct 2016
$44.71 B
$47.63 B
Sep 2016
$47.63 B
$45.5 B
Aug 2016
$45.35 B
$45.33 B
Jul 2016
$45.19 B
$45.25 B
Jun 2016
$45.02 B
$44.66 B
May 2016
$44.4 B
$44.77 B
Apr 2016
$44.75 B
$44.35 B
Mar 2016
$44.4 B
$45.52 B
Feb 2016
$45.58 B
$46.81 B
Jan 2016
$46.65 B
$46.16 B
Dec 2015
$45.94 B
$45.23 B
Nov 2015
$45.24 B
$45.58 B
Oct 2015
$45.74 B
$46.11 B
Sep 2015
$46.24 B
$46.85 B
Aug 2015
$46.49 B
$46.41 B
Jul 2015
$46.05 B
$45.26 B
Jun 2015
$45.09 B
$45.34 B
May 2015
$45.34 B
$45.25 B
Apr 2015
$44.89 B
$46.05 B
Mar 2015
$45.52 B
$44.55 B
Feb 2015
$44.51 B
$44.82 B
Jan 2015
$44.82 B
$44.7 B
Dec 2014
$45.06 B
$43.91 B
Nov 2014
$43.91 B
$44.82 B
Oct 2014
$44.82 B
$44.08 B
Sep 2014
$44.59 B
$44.8 B

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