Imports of goods and services (BoP, current US$) in Canada
Canada: Imports of goods and services (BoP, current US$) was 747.73 billion BoP, current US$ in 2025. ◆ Volatile
Imports of goods and services in Canada, 1960–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Canada recorded 747.73 billion BoP, current US$ for imports of goods and services in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 39.8% over ten years.
Over the whole period, imports of goods and services in Canada peaked at 747.73 billion BoP, current US$ in 2025 and was at its lowest, 7.39 billion BoP, current US$, in 1961.
That places Canada 13th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Canada, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 7.44 billion BoP, current US$ | — |
| 1961 | 7.39 billion BoP, current US$ | -0.7% |
| 1962 | 7.50 billion BoP, current US$ | +1.5% |
| 1963 | 7.75 billion BoP, current US$ | +3.3% |
| 1964 | 8.80 billion BoP, current US$ | +13.5% |
| 1965 | 10.03 billion BoP, current US$ | +14.0% |
| 1966 | 11.62 billion BoP, current US$ | +15.9% |
| 1967 | 12.43 billion BoP, current US$ | +7.0% |
| 1968 | 14.10 billion BoP, current US$ | +13.4% |
| 1969 | 16.39 billion BoP, current US$ | +16.3% |
| 1970 | 17.00 billion BoP, current US$ | +3.7% |
| 1971 | 19.22 billion BoP, current US$ | +13.1% |
| 1972 | 22.95 billion BoP, current US$ | +19.4% |
| 1973 | 27.93 billion BoP, current US$ | +21.7% |
| 1974 | 38.25 billion BoP, current US$ | +36.9% |
| 1975 | 41.17 billion BoP, current US$ | +7.6% |
| 1976 | 46.23 billion BoP, current US$ | +12.3% |
| 1977 | 48.40 billion BoP, current US$ | +4.7% |
| 1978 | 52.75 billion BoP, current US$ | +9.0% |
| 1979 | 62.61 billion BoP, current US$ | +18.7% |
| 1980 | 70.26 billion BoP, current US$ | +12.2% |
| 1981 | 78.61 billion BoP, current US$ | +11.9% |
| 1982 | 66.97 billion BoP, current US$ | -14.8% |
| 1983 | 73.94 billion BoP, current US$ | +10.4% |
| 1984 | 87.03 billion BoP, current US$ | +17.7% |
| 1985 | 92.15 billion BoP, current US$ | +5.9% |
| 1986 | 98.35 billion BoP, current US$ | +6.7% |
| 1987 | 107.14 billion BoP, current US$ | +8.9% |
| 1988 | 128.32 billion BoP, current US$ | +19.8% |
| 1989 | 141.22 billion BoP, current US$ | +10.1% |
| 1990 | 147.84 billion BoP, current US$ | +4.7% |
| 1991 | 151.78 billion BoP, current US$ | +2.7% |
| 1992 | 157.26 billion BoP, current US$ | +3.6% |
| 1993 | 168.04 billion BoP, current US$ | +6.9% |
| 1994 | 182.74 billion BoP, current US$ | +8.7% |
| 1995 | 199.26 billion BoP, current US$ | +9.0% |
| 1996 | 208.64 billion BoP, current US$ | +4.7% |
| 1997 | 236.53 billion BoP, current US$ | +13.4% |
| 1998 | 240.94 billion BoP, current US$ | +1.9% |
| 1999 | 259.15 billion BoP, current US$ | +7.6% |
| 2000 | 286.62 billion BoP, current US$ | +10.6% |
| 2001 | 267.93 billion BoP, current US$ | -6.5% |
| 2002 | 270.50 billion BoP, current US$ | +1.0% |
| 2003 | 295.07 billion BoP, current US$ | +9.1% |
| 2004 | 336.88 billion BoP, current US$ | +14.2% |
| 2005 | 385.18 billion BoP, current US$ | +14.3% |
| 2006 | 429.68 billion BoP, current US$ | +11.6% |
| 2007 | 471.04 billion BoP, current US$ | +9.6% |
| 2008 | 507.57 billion BoP, current US$ | +7.8% |
| 2009 | 412.44 billion BoP, current US$ | -18.7% |
| 2010 | 500.16 billion BoP, current US$ | +21.3% |
| 2011 | 568.46 billion BoP, current US$ | +13.7% |
| 2012 | 589.48 billion BoP, current US$ | +3.7% |
| 2013 | 589.07 billion BoP, current US$ | -0.1% |
| 2014 | 589.63 billion BoP, current US$ | +0.1% |
| 2015 | 534.72 billion BoP, current US$ | -9.3% |
| 2016 | 517.86 billion BoP, current US$ | -3.2% |
| 2017 | 555.10 billion BoP, current US$ | +7.2% |
| 2018 | 591.39 billion BoP, current US$ | +6.5% |
| 2019 | 589.67 billion BoP, current US$ | -0.3% |
| 2020 | 525.59 billion BoP, current US$ | -10.9% |
| 2021 | 628.46 billion BoP, current US$ | +19.6% |
| 2022 | 731.31 billion BoP, current US$ | +16.4% |
| 2023 | 730.05 billion BoP, current US$ | -0.2% |
| 2024 | 741.22 billion BoP, current US$ | +1.5% |
| 2025 | 747.73 billion BoP, current US$ | +0.9% |
Canada compared with similar countries
- Canada's 747.73 billion BoP, current US$ is above the median for high income countries, which is 66.46 billion BoP, current US$, 11.2× the median. (72 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.35 billion BoP, current US$ | 7.39 billion BoP, current US$ | 16.39 billion BoP, current US$ | 10 |
| 1970s | 37.65 billion BoP, current US$ | 17.00 billion BoP, current US$ | 62.61 billion BoP, current US$ | 10 |
| 1980s | 94.40 billion BoP, current US$ | 66.97 billion BoP, current US$ | 141.22 billion BoP, current US$ | 10 |
| 1990s | 195.22 billion BoP, current US$ | 147.84 billion BoP, current US$ | 259.15 billion BoP, current US$ | 10 |
| 2000s | 366.29 billion BoP, current US$ | 267.93 billion BoP, current US$ | 507.57 billion BoP, current US$ | 10 |
| 2010s | 562.55 billion BoP, current US$ | 500.16 billion BoP, current US$ | 591.39 billion BoP, current US$ | 10 |
| 2020s | 684.06 billion BoP, current US$ | 525.59 billion BoP, current US$ | 747.73 billion BoP, current US$ | 6 |
Countries ranked near Canada
- 10 Hong Kong 841.39 billion BoP, current US$ compare
- 11 Italy 773.81 billion BoP, current US$ compare
- 12 South Korea 765.53 billion BoP, current US$ compare
- 14 Mexico 743.56 billion BoP, current US$ compare
- 15 Switzerland 727.33 billion BoP, current US$ compare
- 16 Ireland 718.24 billion BoP, current US$ compare
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0101 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0258 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.65 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0048 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Canada?
- Imports of goods and services in Canada was 747.73 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Canada?
- The highest recorded value was 747.73 billion BoP, current US$ in 2025.
- What is the lowest imports of goods and services recorded in Canada?
- The lowest recorded value was 7.39 billion BoP, current US$ in 1961.
- How does Canada rank for imports of goods and services?
- Canada ranks 13th out of 200 countries with data for 2025.
- Is imports of goods and services rising or falling in Canada?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.