Merchandise imports by the reporting economy in Canada

Canada: Merchandise imports by the reporting economy was 585.79 billion current US$ in 2023. β—† Volatile

Latest (2023)
585.79 billion current US$
Change on year
down 2.0%
World rank
13th
of 205 countries
All-time high
597.47 billion current US$
in 2022
All-time low
6.01 billion current US$
in 1960
Years of data
64
1960–2023

Merchandise imports by the reporting economy in Canada, 1960–2023

0200.0B400.0B600.0B196019912023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2023, merchandise imports by the reporting economy in Canada stood at 585.79 billion current US$.

That represents a change of down 2.0% on the previous year and up 20.6% over ten years.

Over the whole period, merchandise imports by the reporting economy in Canada peaked at 597.47 billion current US$ in 2022 and was at its lowest, 6.01 billion current US$, in 1960.

That places Canada 13th out of 205 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.88 billion current US$ 6.01 billion current US$ 14.28 billion current US$ 10
1970s 33.93 billion current US$ 14.47 billion current US$ 58.19 billion current US$ 10
1980s 84.83 billion current US$ 59.67 billion current US$ 122.90 billion current US$ 10
1990s 169.78 billion current US$ 125.65 billion current US$ 231.37 billion current US$ 10
2000s 310.95 billion current US$ 229.83 billion current US$ 428.98 billion current US$ 10
2010s 462.03 billion current US$ 411.59 billion current US$ 486.43 billion current US$ 10
2020s 530.50 billion current US$ 425.33 billion current US$ 597.47 billion current US$ 4

Countries ranked near Canada

  1. 10 Korea 640.41 billion current US$ compare
  2. 11 Italy 634.52 billion current US$ compare
  3. 12 Mexico 633.53 billion current US$ compare
  4. 14 Belgium 555.30 billion current US$ compare
  5. 15 Spain 468.47 billion current US$ compare
  6. 16 Singapore 423.28 billion current US$ compare

See the full ranking of 252 places β†’

More private sector data for Canada

All data for Canada β†’

Frequently asked questions

What is merchandise imports by the reporting economy in Canada?
Merchandise imports by the reporting economy in Canada was 585.79 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in Canada?
The highest recorded value was 597.47 billion current US$ in 2022.
What is the lowest merchandise imports by the reporting economy recorded in Canada?
The lowest recorded value was 6.01 billion current US$ in 1960.
How does Canada rank for merchandise imports by the reporting economy?
Canada ranks 13th out of 205 countries with data for 2023.
Is merchandise imports by the reporting economy rising or falling in Canada?
Over the last ten years it is up 20.6%. The long-run trend across the full record is volatile.
Where does this Canada data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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Merchandise imports by the reporting economy in Canada. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 August 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us/canada/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,499 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.