Canada - Importazioni

Imports to Canada increased 0.5 percent to CAD 50.99 billion in October 2019, above market expectations of CAD 50.35 billion. Imports of energy products were up 8.9 percent in October, mainly on higher imports of crude oil and crude bitumen (+8.5 percent), which increased largely due to higher prices. Also, imports advanced for natural gas (+46.2 percent) and refined petroleum products (+6.8 percent). On the other hand, imports of motor vehicles and parts fell for the fifth consecutive month (-3.3 percent), mainly due to passenger cars and light trucks (-4.7 percent) and motor vehicle engines and parts (-12.9 percent).

Imports to Canada fell 1.7 percent month-over-month to CAD 50.76 billion in September, below market expectations of CAD 50.98 billion. Declines were observed in 7 of 11 product sections. Imports declined for metal and non-metallic mineral products (-9.2 percent), mainly due to gold; other transportation equipment and parts (-27.7 percent) amid lower imports of parts for other transportation equipment from Belgium; and metal ores and non-metallic minerals (-20.5 percent), on lower imports of gold and copper ores. Since the beginning of the year, imports rose 1.7 percent compared with the same period of 2018.

Imports to Canada rose 1.0 percent month-over-month to CAD 51.54 billion in August 2019 from an upwardly revised CAD 51.05 billion in the previous month. Higher imports of metal and non-metallic mineral products (9.4 percent) were the main contributor to the overall gain, mainly on imports of gold, which reached their highest level in more than two years. Also, imports advanced for energy products (9.7 percent) and metal ores and non-metallic minerals (8.8 percent). Meanwhile, these increases were partially offset by a 2.5 percent decrease in imports of consumer goods.

Imports to Canada rose 1.2 percent month-over-month to CAD 50.9 billion in July 2019 from a downwardly revised CAD 50.28 billion in the previous month but below market expectations of CAD 51.8 billion. Imports of consumer goods (2.4 percent) drove the increase, primarily pharmaceutical products (19.7 percent), which hit a record high in July, mainly from Switzerland and Germany. Also, purchases went up for aircraft and other transportation equipment and parts (10.2 percent), namely locomotive cars used to transport crude oil, and parts for armoured vehicles. Imports of metal ores and non-metallic minerals rebounded (12.6 percent vs -13.6 percent in June), namely bauxite and aluminum oxide used in aluminum production, as activities at certain aluminum smelters resumed. Gold imports also rose, driven mainly by increased shipments from Japan and Peru. Imports from the US rose 1.6 percent and those from countries other than the US advanced 0.5 percent.

Imports to Canada dropped 4.3 percent month-over-month to CAD 50.2 billion in June 2019, from an upwardly revised CAD 52.43 billion in the previous month and against market expectations of CAD 51.8 billion. Purchases of aircraft and other transportation equipment and parts slumped 25.8 percent to CAD 1.7 billion while imports of energy products went down 14.8 percent to CAD 2.7 billion, contributing to the overall decline in June.

Imports to Canada increased 1.0 percent month-over-month to CAD 52.3 billion in May 2019, from an upwardly revised CAD 51.8 billion in April and against market expectations of CAD 52.1 billion. Purchases increased for aircraft & other transportation equipment (14.2 percent to CAD 2.2 billion) and motor vehicles & parts (1.6 percent to CAD 9.8 billion). On the other hand, imports fell for basic & industrial chemical, plastic and rubber products (-2.2 percent to CAD 3.8 billion). Imports rose from Mexico (4.4 percent) and Germany (6.4 percent) while those decreased from the US (-0.5 percent) and China (-2.6 percent).