Trade by importer characteristics: Goods, 2017

May 25, 2018

In 2017, 154,225 enterprises in Canada imported goods from abroad, up 5,339 from 2016. The growth was widespread among every sector of the economy.

Small and medium importing enterprises (SMEs) accounted for 98.6% of all importers in the country in 2017. These firms were responsible for 47.3% of total Canadian imports by value. From 2010 to 2017, imports by SMEs grew by 43.6% compared with 34.1% for large enterprises.

Canadian enterprises diversified their markets for imports from 2010 to 2017, with 59.4% of all Canadian importers purchasing goods from both US and other foreign countries in 2017, up from 56.6% in 2010.

Geographical diversification of imports also differs depending on the size of the importing enterprise. In 2017, 89.9% of all large enterprises imported goods from both US and non-US markets, compared with 58.9% of all SMEs.

This has been excerpted from a 25 May 2018 release by Statistics Canada.

Topic(s)

International Trade and Border Management

Information source

Statistics Canada

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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