Imports Canada in Canada

Measures the total value of goods Canada buys from the rest of the world in a month. It is the second component of the trade balance, alongside exports, and is published by Statistics Canada.

Taken from the monthly International merchandise trade release, on a balance-of-payments basis and seasonally adjusted, covering goods trade with all countries and expressed in Canadian dollars.

A rise in imports can reflect strong domestic demand but worsens the trade balance; together with exports it determines the trade balance that adds to or subtracts from Canada's GDP.

The figures are preliminary and revised later; on their own they do not separate price effects from volume effects.