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How much did Canada trade in 2022?
Why did Canada's exports and imports increase in 2022?
What was Canada's trade surplus in Q4 2022?
How did Canada's services imports grow in 2022?
How did Canada perform in Q4 2022?
What were Canada's International merchandise trade results in 2022?
May 9, 2023 · In 2022, the value of Canada's annual merchandise exports increased 22.5% to $779.2 billion, while the value of annual imports rose 19.9% to $757.4 billion. As a result, Canada's merchandise trade surplus with the world widened from $4.6 billion in 2021 to $21.8 billion in 2022.
Nov 3, 2022 · In the third quarter of 2022, exports fell 2.3%, the first decline since the second quarter of 2020. Following an increase of 24.7% in the second quarter of 2022, exports of energy products (-5.6%) were responsible for more than two-thirds of the quarterly decrease.
Nov 10, 2023 · Canada's exports and imports of services both increased in 2022, led by the strength of the recovery in international travel. Exports of services totalled $173.0 billion in 2022, a 16.1% gain from 2021, while imports of services into Canada reached $189.0 billion (+25.0%).
Total goods exports to Canada’s partners increased by approximately $142.8 billion in 2022, supported by a $118.5 billion increase in exports to the United States (Table 1.2). Growth in goods exports to that country (24.9%) outpaced overall export growth (22.4%).
In 2022, the value of Canadian merchandise 3 exports to overseas markets grew 15.3%, more than making up for the struggles prior to and throughout the pandemic. The main driver of this growth was energy products, which grew 66.2% to overseas markets in 2022, resulting in an 18.7% per year growth between 2017 and 2022.
Canadian goods exports and imports contracted 2.0% and 1.7%, respectively, in Q4 of 2022. With exports contracting more than imports, Canada’s trade surplus shrank to $1.7 billion in Q4 from $2.5 billion in Q3. Goods exports to the U.S. (-3.6%) led the Q4 contraction, decreasing for the second consecutive quarter on lower energy exports.
Exports in Canada decreased to 64310.90 CAD Million in August from 64935.90 CAD Million in July of 2024. Exports in Canada averaged 25642.01 CAD Million from 1971 until 2024, reaching an all time high of 69017.00 CAD Million in June of 2022 and a record low of 1366.00 CAD Million in February of 1971.
