Exports from Canada rose 0.5 percent from the previous month to a record CAD 46.5 billion in January of 2017 boosted by sales of motor vehicles (7.7 percent) and parts and farm, fishing and intermediate foods products (12.8 percent). In addition, canola exports jumped 38.4 percent to a record high reflecting rising Chinese demand. By contrast, sales fell for consumer goods and metal and non-metallic mineral products (-4.6 percent). Excluding energy products, exports rose 0.9 percent. Among major trading partners, exports went up to the US (2.3 percent), China (14 percent), Japan (6.6 percent) and South Korea (6.7 percent). Year-on-year, total exports increased 1.8 percent. Exports in Canada averaged 20953.24 CAD Million from 1971 until 2017, reaching an all time high of 46450.40 CAD Million in January of 2017 and a record low of 1366 CAD Million in February of 1971.
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Exports amount to more than 30 percent of Canadian GDP. In 2016, Canada main exports were: Motor vehicles and parts (18 percent); consumer goods (14 percent); energy products (14 percent); metal and non-metallic mineral products (11 percent); and forestry products; building and packaging materials (8 percent); basic and industrial chemical, plastic and rubber products (6 percent); industrial machinery, equipment and parts (6 percent); and farm, fishing and intermediate food products (6 percent). The United States is by far the largest destination for Canadian products (75 percent of total exports); followed by the European Union (8 percent), of which the United Kingdom (3 percent); China (4 percent); Japan and Mexico (2 percent each). This page provides the latest reported value for – Canada Exports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Exports – actual data, historical chart and calendar of releases – was last updated on March of 2017.