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27 September 2024
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Key Indicators
- 8,329,213
- 247,752
- Export Trading Partners91
- 12,767,386
- 212,071
- Import Trading Partners82
Overview
Canada: North American Trade Powerhouse
Situated in North America, Canada stands as a formidable force in global trade, ranking 9 in GDP globally in 2024. Its geographical location and robust infrastructure contribute to a dynamic trading landscape.
Introduction:
Canada, one of the largest economies globally, maintains a diverse import portfolio essential for supporting its broad industrial base and high living standards. Key import sectors include automotive, machinery, electronics, and consumer goods, offering substantial opportunities for global exporters.
Economic Overview:
As the world's tenth-largest economy, Canada's economic structure is heavily reliant on its rich natural resources, sophisticated manufacturing sector, and robust services industry. Imports are crucial in supplementing domestic production, particularly in technology and consumer products, contributing significantly to GDP.
Political and Regulatory Environment:
Canada's political environment is stable and promotes free trade, underpinned by policies that facilitate easy market access for goods and services. Recent updates to trade agreements, like the USMCA, have further streamlined import processes and reduced tariffs, impacting the dynamics of importation.
Opportunities and Challenges for Exporters:
Exporters have lucrative opportunities in sectors such as technology, renewable energy, and medical equipment. Challenges include navigating comprehensive regulatory standards and competitive local markets.
Positives:
1. NAFTA/USMCA: Canada's proximity to the United States, coupled with participation in trade agreements like NAFTA and USMCA, enhances cross-border trade opportunities.
2. Natural Resource Wealth: Abundant natural resources, including minerals and energy, provide a strong foundation for export-oriented industries.
3. Stable Political Environment: Canada's stable political climate fosters a favorable business environment, attracting international investors.
Negatives:
1. Seasonal Challenges: Harsh winters and seasonal disruptions can impact transportation and logistics, affecting trade efficiency.
2. Limited Population: Despite vast landmass, Canada's population size limits domestic market potential.
3. Trade Dependence: High reliance on a few key trading partners makes Canada vulnerable to external economic fluctuations.
Canada import export data, including buyer and supplier names, is available on the Volza Platform.
Canada import export data, including buyer and supplier names, is available on the Volza Platform.
Imports:
In September 2023, Canada ranked 8th in global imports, with imports valued at 419.95 billion, representing a -4% growth from September 2022.From September 2023 to September 2024, the country's imports amounted to US$269.1 billion, showing a 23% growth from the preceding year.
In 2024, imports totaled 419.95 billion, marking a -26% YOY growth from 2023. Sources of these imports were USA, China, Mexico, Germany, Japan, Rep. of Korea, Italy, Viet Nam, United Kingdom, Brazil. Imported products were Vehicles and Parts, Machinery and equipment, Electrical machinery and equipment other than railway or tramway. Suppliers were WINNERS MERCHANTS INTERNATIONAL, TROPICAL IMPEX, and OLD NAVY CANADA INC. Importers in Canada were USA: 49.8%, China: 11.7%, and Mexico: 6.0%.
Top 10 Import Products:
- Motor vehicles (HS code: 8703) - Central to transportation needs.
- Crude petroleum (HS code: 2709) - Fuels refining and energy sector.
- Computers (HS code: 8471) - IT infrastructure and consumer markets.
- Medications (HS code: 3004) - Healthcare sector supplies.
- Electronics (HS code: 8517) - Consumer and business technology.
- Machinery (HS code: 8479) - Manufacturing and industrial operations.
- Gold (HS code: 7108) - Investment and manufacturing uses.
- Aircrafts (HS code: 8802) - Transportation and logistics.
- Furniture (HS code: 9403) - Home and office markets.
- Plastics (HS code: 3901) - Widespread use in packaging and manufacturing.
Top Buyers from Canada:
ALLIANCE CONCRETE PUMPS INC, RAPID AID CORP./ CHANNAHON RC, LOGISTIK UNICORP INC/CONG TY TNHH LOGISTIK UNICORP VIET NAM
Solution for Global Exporters:
Global exporters should utilize Volza’s online import data for Canada to effectively navigate and discover market trends and opportunities. This tool provides essential insights to help businesses tailor their strategies and optimize entry into the Canadian market. Access Volza for detailed, actionable data and enhance your market penetration efforts.
Import Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 05, Aug, 2024
Source : Volza Import Data
Canada
Import Data
Import Data
12,767,386 Bill of Ladings, 212,071 Buyers & 247,752 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Reach out to the Canada Import market Identify verified and active business partners in Canada
Canada Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
DOOR HANGING TORAN |   India | India | 30-04-2024 |
LADIES HAND BAG LEATHER GO ARTICLE / ODS / PRODUCT / ITEM MADE OF G | 30-04-2024 | ||
FURNITURE ITEMS OF MANGO WOOD & IRON & M | India | 30-04-2024 | |
FURNITURE ITEMS OF MANGO WOOD WOODEN BAT | India | 30-04-2024 | |
Other Vegetable in Vinegar/Acetic Acid - | India | 30-04-2024 | |
100% COTTON TUFTED BATHMATS SIZE & ALL O | 30-04-2024 |
Top 10 Importers
Canada Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Canada. To assist you in identifying the leading importers in Canada, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Canada are companies like WINNERS MERCHANTS INTERNATIONAL, TROPICAL IMPEX , and OLD NAVY CANADA INC. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.
Canada Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 311,202 | |
2 | 61,483 | |
3 | 55,280 | |
4 | 52,093 | |
5 | 47,925 | |
6 | 47,830 | |
7 | 46,709 | |
8 | 44,350 | |
9 | 30,897 | |
10 | 29,094 |
Data Source : Volza Import Data
Top 10 Import Products
Canada Top 10 Import Products
As the Canada import data reveals, the nation's top import products for 2024 were prominently characterized by:- Cotton Knitting Yarn: 40.32%
- Used Steel: 25.96%
- Round Cut Diamond: 15.43%
- Automobile Component: 12.90%
- Valve Seat: 2.03%
- Wooden Door: 1.46%
- Aluminum Box: 0.87%
- Fresh Mixed Vegetable: 0.87%
- Frozen Coconut: 0.08%
- Pto Gear: 0.06%
Canada Top 10 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | COTTON KNITTING YARN | 12,843,432 |
2 | Used Steel | 8,269,020 |
3 | Round Cut Diamond | 4,915,650 |
4 | Automobile Component | 4,108,511 |
5 | Valve Seat | 647,441 |
6 | WOODEN DOOR | 465,124 |
7 | Aluminum Box | 278,287 |
8 | Fresh Mixed Vegetable | 278,005 |
9 | Frozen Coconut | 25,688 |
10 | PTO Gear | 20,497 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Canada
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Canada Top 1 Import Trading Partners
Canada trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 6,249,563).
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Canada had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Canada import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Canada’s major imports from India include Used Steel, Automobile Component, COTTON KNITTING YARN, Valve Seat, Aluminum Box, WOODEN DOOR, Frozen Coconut, Round Cut Diamond, PTO Gear, Fresh Mixed Vegetable, products. The provided chart below breaks down the values in percentile of Canada’s top 1 import partners for 2024.
Canada Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Canada Import Data Sample record
Canada import data covers all important shipping details that are essential for businesses to find importers in Canada, analyze market trends and identify potential industries. Canada trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Canada import data sample with complete number of fields available in data.
Canada Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 83024110
- Quantity:
- 1
- Quantity Unit:
- NOS
- Value FC:
- 100
- Value:
- HS Descirption:
- Base metal mountings, fittings and similar articles suitable for furniture, doors, staircases, windows, blinds, coachwork, saddlery, trunks, chests, caskets or the like; base metal hat-racks, hat-pegs, brackets and similar fixtures; castors with mountings
- Exporter:
- R K EXPORTER
- Importer:
- VINAY BHAVSAR
Data Source : Volza Import Data
Canada Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Canada Top 10 Import Ports
Canada's global import trade operates through over 10 ports. Toronto stands as the predominant port, handling 2,761,469 import shipments, which constitutes a 47.38% market share. Montreal follows with an 17.54% share, accounting for 1,022,085 shipments, while Vancouver contributes a 14.04% market share with its 818,552 shipments. For detailed import trade statistics of each port in Canada, refer to the provided links below. Collectively, these ports underscore the integrated nature of Canada's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Canada.
Canada Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Canada
- 12,767,386
- Date
- 30-04-2024
- Shipper Name
- VINAY BHAVSAR
- Consignee Name
- R K EXPORTER
- Consignee Address
- N/A N/A
- Weight Unit
- NOS
- Quantity
- 1
- Shipment Origin
- India
- Port of origin
- Ahmedabad Air