Canada's imports of goods, services and primary income (current US$, BoP) was US$944.56 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 52.38% from US$619.87 billion in 2015 (4.3% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$944.56 billion | 2025 |
| Five years earlier | US$616.31 billion | 2020 |
| Ten years earlier | US$619.87 billion | 2015 |
| Highest | US$944.56 billion | 2025 |
| Lowest | US$8.34 billion | 1960 |
| Average since 2016 | US$768.02 billion | 2016–2025 |
| First recorded | US$8.34 billion |
What the numbers say
In 2025, Canada's imports of goods, services and primary income (current US$, BoP) rose 1.3% on 2024 (from US$932 billion to US$944.56 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +5.4% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 36.1% in 1974 and the biggest yearly fall was 19.7% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$40.64 billion a year. A straight line explains 84% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Canada had the 13th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Canada | US$944.56 billion | 2025 |
| World | US$42.18 trillion | 2025 |
| North America | US$6.89 trillion | 2025 |
| High income | US$30.77 trillion | 2025 |
Closest to Canada in the 2025 ranking
- Hong Kong SAR, China — 10th of 136: US$1.09 trillion
- India — 11th of 136: US$1.07 trillion
- Switzerland — 12th of 136: US$987.87 billion
- Italy — 14th of 136: US$918.47 billion
- Mexico — 15th of 136: US$824.13 billion
- Korea, Rep. — 16th of 136: US$810.63 billion
What this measures
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 66 values
| Year | Imports of goods, services and primary income (current US$, BoP) |
|---|---|
| 2025 | 944,556,118,224 |
| 2024 | 932,003,015,780 |
| 2023 | 905,892,801,565 |
| 2022 | 875,812,316,483 |
| 2021 | 743,809,535,241 |
| 2020 | 616,312,415,262 |
| 2019 | 706,999,905,156 |
| 2018 | 701,799,877,391 |
| 2017 | 651,747,373,890 |
| 2016 | 601,296,216,176 |
Imports of goods, services and primary income (current US$, BoP) in nearby economies
- Bermuda — US$2.84 billion (2025)
- United States — US$5.94 trillion (2025)
More economic policy & debt data for Canada
- Trade in services (% of GDP) — 14.75% (2025)
- Communications, computer, etc. (% of service imports, BoP) — 48.08% (2025)
- Primary income payments (BoP, current US$) — US$196.83 billion (2025)
- Imports of goods and services (current US$, BoP) — US$747.73 billion (2025)
- Goods imports (current US$, BoP) — US$577.62 billion (2025)
- Service imports (current US$, BoP) — US$170.11 billion (2025)
- Transport services (% of service imports, BoP) — 16.84% (2025)
- Travel services (% of service imports, BoP) — 25.55% (2025)
- Current account balance (current US$, BoP) — −US$22.29 billion (2025)
- Current account balance (% of GDP)
Reading data like this
Questions people ask
- What is Canada's imports of goods, services and primary income (current US$, BoP)?
- US$944.56 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 11,227% from US$8.34 billion in 1960 (7.55% a year on average, compounded). The highest value was US$944.56 billion in 2025 and the lowest US$8.34 billion in 1960.
- How does Canada rank?
- 13th highest of 136 economies with data for 2025.
- Is the latest change in imports of goods, services and primary income (current US$, BoP) unusual for Canada?
- In 2025, Canada's imports of goods, services and primary income (current US$, BoP) rose 1.3% on 2024 (from US$932 billion to US$944.56 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.4% and a typical year strayed about 9.7% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.TOTL.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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