Merchandise imports from high-income economies in Canada

Canada: Merchandise imports from high-income economies was 71.6% in 2023. ▼ Falling

Latest (2023)
71.6%
Change on year
up 1.9%
World rank
61st
of 206 countries
All-time high
94.6%
in 1987
All-time low
70.2%
in 2021
Years of data
64
1960–2023

Merchandise imports from high-income economies in Canada, 1960–2023

020406080100196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

Canada recorded 71.6% for merchandise imports from high-income economies in 2023.

Compared with earlier readings it is up 1.9% on the previous year and down 2.3% over ten years.

Over the whole period, merchandise imports from high-income economies in Canada peaked at 94.6% in 1987 and was at its lowest, 70.2%, in 2021.

Canada ranks 61st of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 64 years of available data.

Merchandise imports from high-income economies in Canada, year by year

Annual values for Merchandise imports from high-income economies (% of total merchandise imports) in Canada, 1960 to 2023.
Year % of total merchandise imports Change
1960 91.4%
1961 91.4% -0.0%
1962 91.3% -0.2%
1963 90.1% -1.3%
1964 91.0% +1.0%
1965 92.4% +1.6%
1966 92.9% +0.6%
1967 93.2% +0.3%
1968 93.3% +0.1%
1969 93.7% +0.4%
1970 93.6% -0.1%
1971 93.3% -0.2%
1972 93.5% +0.2%
1973 93.1% -0.4%
1974 89.8% -3.6%
1975 90.5% +0.8%
1976 90.0% -0.5%
1977 91.5% +1.7%
1978 92.2% +0.8%
1979 93.3% +1.2%
1980 92.8% -0.5%
1981 91.8% -1.1%
1982 92.1% +0.3%
1983 92.9% +0.8%
1984 93.2% +0.4%
1985 93.9% +0.7%
1986 94.6% +0.8%
1987 94.6% +0.1%
1988 94.3% -0.4%
1989 93.5% -0.9%
1990 93.6% +0.1%
1991 92.7% -0.9%
1992 92.3% -0.5%
1993 91.6% -0.7%
1994 91.4% -0.3%
1995 90.8% -0.6%
1996 90.4% -0.5%
1997 90.0% -0.4%
1998 90.0% +0.0%
1999 89.6% -0.5%
2000 88.3% -1.4%
2001 87.6% -0.7%
2002 86.2% -1.7%
2003 84.5% -1.9%
2004 82.5% -2.5%
2005 80.6% -2.3%
2006 78.8% -2.2%
2007 77.7% -1.4%
2008 76.4% -1.6%
2009 74.9% -2.0%
2010 73.1% -2.5%
2011 72.1% -1.3%
2012 72.0% -0.1%
2013 73.3% +1.8%
2014 74.4% +1.4%
2015 73.8% -0.9%
2016 73.2% -0.7%
2017 72.7% -0.7%
2018 73.0% +0.4%
2019 72.9% -0.2%
2020 70.6% -3.1%
2021 70.2% -0.6%
2022 70.3% +0.1%
2023 71.6% +1.9%

Canada compared with similar countries

  • Canada's 71.6% is below the median for high income countries, which is 78.4%, 91% of the median. (74 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 92.1% 90.1% 93.7% 10
1970s 92.1% 89.8% 93.6% 10
1980s 93.4% 91.8% 94.6% 10
1990s 91.2% 89.6% 93.6% 10
2000s 81.8% 74.9% 88.3% 10
2010s 73.1% 72.0% 74.4% 10
2020s 70.7% 70.2% 71.6% 4

Countries ranked near Canada

  1. 58 Italy 72.5% compare
  2. 59 Fiji 72.5% compare
  3. 60 Palestine 71.8% compare
  4. 62 Seychelles 71.0% compare
  5. 63 Oman 71.0% compare
  6. 64 Spain 70.9% compare

See the full ranking of 253 places →

More private sector data for Canada

All data for Canada →

Frequently asked questions

What is merchandise imports from high-income economies in Canada?
Merchandise imports from high-income economies in Canada was 71.6% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from high-income economies recorded in Canada?
The highest recorded value was 94.6% in 1987.
What is the lowest merchandise imports from high-income economies recorded in Canada?
The lowest recorded value was 70.2% in 2021.
How does Canada rank for merchandise imports from high-income economies?
Canada ranks 61st out of 206 countries with data for 2023.
Is merchandise imports from high-income economies rising or falling in Canada?
Over the last ten years it is down 2.3%. The long-run trend across the full record is falling.
Where does this Canada data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from high-income economies in Canada. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-high-income-economies-percent-of-total-merchandise-imports/canada/

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About this data

Indicator
Merchandise imports from high-income economies (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,511 data points, 1960–2023
Last refreshed

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.