Flag of ca

Canada Imports (% GDP)

Canada's imports (% GDP) fell to 32.72% in 2024, down from 33.28% in 2023, according to World Bank. This represents a decrease of 0.56% from the previous year. Canada has imports (% GDP) lower than the global median (32.72% vs median 45.74%). Compared with the median in Americas, Canada is lower (32.72% vs regional median 38.78%) and ranks 19th out of 32 countries in Americas.

Canada's exports (% GDP) fell to 32.46% in 2024, down from 33.35% in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year Imports (% GDP)
2024 32.72%
2023 33.28%
2022 33.37%
2021 31.07%
2020 31.68%
2019 33.82%
2018 34.27%
2017 33.65%
2016 33.86%
2015 34.31%
2014 32.64%
2013 31.9%
2012 32.24%
2011 31.82%
2010 31.04%
2009 29.96%
2008 32.63%
2007 32.05%
2006 32.65%
2005 32.9%
2004 32.86%
2003 32.97%
2002 35.65%
2001 36.3%
2000 38.56%
1999 38.25%
1998 38.05%
1997 36.2%
1996 33.16%
1995 32.96%
1994 31.61%
1993 29.11%
1992 26.54%
1991 24.87%
1990 24.92%
1989 25.02%
1988 25.31%
1987 24.86%
1986 26.08%
1985 25.3%
1984 24.54%
1983 21.78%
1982 21.42%
1981 25.72%
1980 25.81%
1979 25.91%
1978 24.31%
1977 23.06%
1976 22.58%
1975 23.9%
1974 24.09%
1973 21.6%
1972 20.64%
1971 19.69%
1970 19.65%
1969 21.04%
1968 19.9%
1967 19.18%
1966 19.24%
1965 18.6%
1964 18.02%
1963 17.4%
1962 17.94%
1961 18.23%
Canada Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Canada compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $549.62B $568.51B 2024
Annual Imports $540.56B $559.67B 2024
Balance of Trade CAD -6.3B CAD -3.8B Aug'25
Exports CAD 60.6B CAD 62.5B Aug'25
Exports (% GDP) 32.46% 33.35% 2024
FDI Inflows (% GDP) 2.77% 1.94% 2024
Imports CAD 66.9B CAD 66.3B Aug'25
Net Trade (Goods & Services, BoP) -$5.95B $1.36B 2024
Tariff Rate 1.83% 2.06% 2022
Trade (% GDP) 65.18% 66.63% 2024