Canada: Imports, billion dollars

* indicates monthly or quarterly data series
 Canada

Imports of goods and services, billion USD

 Latest value 719.33
 Year 2022
 Measure billion U.S. dollars
 Data availability 1961 - 2022
 Average 234.58
 Min - Max 7.48 - 719.33
 Source The World Bank
For that indicator, we provide data for Canada from 1961 to 2022. The average value for Canada during that period was 234.58 billion U.S. dollars with a minimum of 7.48 billion U.S. dollars in 1961 and a maximum of 719.33 billion U.S. dollars in 2022. The latest value from 2022 is 719.33 billion U.S. dollars. For comparison, the world average in 2022 based on 148 countries is 170.58 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Canada - Imports, billion dollars - Recent values chart

Historical chart
Canada - Imports, billion dollars - historical chart - 1961-2022




Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.


 Related indicators Latest value Reference Measure
 Terms of trade 111.00 2021 percent
 Trade openness 66.71 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 33.85 2022 percent
 Exports, billion dollars 722.51 2022 billion U.S. dollars
 Growth of exports 3.20 2022 percent
 Imports, percent of GDP 33.71 2022 percent
 Imports, billion dollars 719.33 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.31 2022 percent
 Foreign Direct Investment, billion dollars 53.71 2022 billion U.S. dollars
 Portfolio investment inflows, equities -9,196.90 2022 million dollars (current)
 Current account, percent of GDP -0.61 2023 percent
 Current account, in dollars -6.65 2022 billion U.S. dollars
 Trade balance, percent of GDP 0.13 2022 percent
 Trade balance, in dollars 3.08 2022 billion U.S. dollars
 Reserves 106.95 2022 billion U.S. dollars
 Remittances, percent of GDP 0.04 2022 percent
 Remittances 861.83 2022 million U.S. dollars
 Net errors and omissions 1,162.76 2022 million USD
 Foreign exchange reserves 112.45 9/2023 billion
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