Largest market shown
Oils: petroleum oils and oils obtained from bituminous minerals, crude
$16.5B of latest reported imports and $12.9B of calculated three-year opportunity.
Importer opportunity guide
Canada import opportunities
where to source next
Explore Canada's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$547.2B2024 reported value
Import CAGR+3.5%Three-year reported change
GDP$2.2TLatest reported value
GDP per capita$54.3KLatest reported value
Trade openness51.0%Reported share of GDP
Canada import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$547.2B in imports
Canada recorded $547.2B in imports in 2024, with a three-year change of +3.5%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
Canada imports products from suppliers across major trade regions. The current profile reports $547.2B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 270900Oils: petroleum oils and oils obtained from bituminous minerals, crude | $16.5BLatest imports | +5.6% | 35 | 4682 | USADeclining | $19.5B |
| 2 | HS 999999Commodities not specified according to kind | $7.2BLatest imports | +17.8% | 24 | 9973 | USADeclining | $11.8B |
| 3 | HS 271012Product description unavailable | $9.3BLatest imports | +10.8% | 51 | 6529 | USASlowing | $12.7B |
| 4 | HS 870431Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), nes in item no 8704.1 | $9.8BLatest imports | +6.2% | 22 | 7179 | USAGrowing | $11.7B |
| 5 | HS 870323Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $15.4BLatest imports | +4.1% | 65 | 2163 | USADeclining | $17.4B |
| 6 | HS 271019Product description unavailable | $5.7BLatest imports | +10.5% | 99 | 6454 | USADeclining | $7.6B |
| 7 | HS 851712Telephones for cellular networks or for other wireless networks | $6.2BLatest imports | +11.9% | 85 | 4954 | CHNDeclining | $8.7B |
| 8 | HS 711291Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals | $4.0BLatest imports | +9.7% | 12 | 9962 | USAStable | $5.3B |
| 9 | HS 870324Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $6.6BLatest imports | +1.5% | 56 | 5506 | USADeclining | $6.9B |
| 10 | HS 870380Vehicles: with only electric motor for propulsion | $7.3BLatest imports | +40.0% | 22 | 2083 | USAGrowing | $14.2B |
| 11 | HS 710812Metals: gold, non-monetary, unwrought (but not powder) | $9.4BLatest imports | +13.8% | 46 | 1743 | PERDeclining | $13.8B |
| 12 | HS 840734Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc | $4.6BLatest imports | +1.7% | 30 | 7322 | USADeclining | $4.9B |
| 13 | HS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $7.9BLatest imports | +8.2% | 135 | 1798 | USADeclining | $10.0B |
| 14 | HS 880330Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 | $5.2BLatest imports | +6.3% | 120 | 3598 | USADeclining | $6.3B |
| 15 | HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $4.4BLatest imports | +4.0% | 106 | 5450 | CHNDeclining | $5.0B |
| 16 | HS 870829Vehicles: parts and accessories, of bodies, other than safety seat belts | $4.3BLatest imports | -0.1% | 114 | 6372 | USADeclining | $4.3B |
| 17 | HS 870899Vehicle parts and accessories: n.e.c. in heading no. 8708 | $4.4BLatest imports | +1.3% | 146 | 4926 | USADeclining | $4.6B |
| 18 | HS 841191Turbines: parts of turbo-jets and turbo-propellers | $4.2BLatest imports | +6.9% | 80 | 3195 | USADeclining | $5.1B |
| 19 | HS 870360Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power | $2.3BLatest imports | +36.0% | 17 | 3640 | JPNDeclining | $4.4B |
| 20 | HS 220720Ethyl alcohol and other spirits: denatured, of any strength | $1.4BLatest imports | +20.5% | 22 | 9997 | USADeclining | $2.4B |
| 21 | HS 870120Tractors: road, for semi-trailers | $2.9BLatest imports | +3.8% | 11 | 5790 | USADeclining | $3.3B |
| 22 | HS 870422Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes), nes in item no 8704.1 | $2.3BLatest imports | +8.2% | 16 | 6488 | USAAccelerating | $2.9B |
| 23 | HS 870340Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $2.9BLatest imports | +35.4% | 14 | 2302 | USADeclining | $5.7B |
| 24 | HS 210690Food preparations: n.e.s. in item no. 2106.10 | $2.1BLatest imports | +8.0% | 155 | 5864 | USADeclining | $2.7B |
| 25 | HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $2.2BLatest imports | +19.9% | 74 | 3648 | USADeclining | $3.7B |
| 26 | HS 271121Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $1.4BLatest imports | +13.9% | 8 | 9700 | USASlowing | $2.0B |
| 27 | HS 284590Isotopes (excluding those of heading no. 2844): compounds, inorganic or organic, of such isotopes, whether or not chemically defined | $1.1BLatest imports | +20.5% | 25 | 9559 | IRLStable | $2.0B |
| 28 | HS 870490Vehicles: for transport of goods, n.e.s. in heading no. 8704 | $996.1MLatest imports | +22.6% | 18 | 9759 | USAAccelerating | $1.8B |
| 29 | HS 281820Aluminium oxide: other than artificial corundum | $2.2BLatest imports | +4.4% | 35 | 5671 | BRADeclining | $2.6B |
| 30 | HS 870840Vehicles: parts, gear boxes | $2.3BLatest imports | -0.1% | 96 | 5846 | USADeclining | $2.3B |
| 31 | HS 870322Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $3.1BLatest imports | +8.0% | 28 | 2983 | MEXDeclining | $3.9B |
| 32 | HS 190590Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $1.7BLatest imports | +7.9% | 134 | 5969 | USASlowing | $2.1B |
| 33 | HS 870423Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 | $1.5BLatest imports | +9.7% | 14 | 6702 | USADeclining | $2.0B |
| 34 | HS 853710Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts | $2.3BLatest imports | +7.7% | 120 | 3182 | USADeclining | $2.8B |
| 35 | HS 230910Dog or cat food: put up for retail sale, used in animal feeding | $1.4BLatest imports | +7.3% | 44 | 7932 | USADeclining | $1.7B |
| 36 | HS 300215Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $4.3BLatest imports | +9.2% | 51 | 1481 | USADeclining | $5.6B |
| 37 | HS 382600Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals | $785.6MLatest imports | +29.4% | 23 | 9254 | USAAccelerating | $1.5B |
| 38 | HS 848180Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves | $2.4BLatest imports | +5.1% | 128 | 3160 | USADeclining | $2.8B |
| 39 | HS 271600Electrical energy | $1.0BLatest imports | +10.8% | 9 | 9999 | USAAccelerating | $1.4B |
| 40 | HS 340220Washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale | $1.2BLatest imports | +8.9% | 80 | 8436 | USADeclining | $1.5B |
| 41 | HS 847150Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units | $2.9BLatest imports | +1.2% | 86 | 3045 | MEXDeclining | $3.0B |
| 42 | HS 870421Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | $2.3BLatest imports | +5.1% | 18 | 4000 | USADeclining | $2.7B |
| 43 | HS 392690Plastics: other articles n.e.s. in chapter 39 | $2.0BLatest imports | +5.2% | 164 | 3563 | USADeclining | $2.3B |
| 44 | HS 382499Chemical products, mixtures and preparations: n.e.c. heading 3824 | $1.1BLatest imports | +29.3% | 95 | 3825 | USADeclining | $2.2B |
| 45 | HS 851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $4.6BLatest imports | +9.1% | 130 | 1362 | USADeclining | $5.9B |
| 46 | HS 880320Aircraft and spacecraft: under-carriages and parts thereof | $1.2BLatest imports | +9.7% | 63 | 5093 | USADeclining | $1.6B |
| 47 | HS 842139Machinery: for filtering or purifying gases, other than intake air filters for internal combustion engines | $1.4BLatest imports | +3.8% | 113 | 5860 | USADeclining | $1.5B |
| 48 | HS 740200Copper: unrefined, copper anodes for electrolytic refining | $1.5BLatest imports | +10.1% | 16 | 4151 | SWEDeclining | $2.0B |
| 49 | HS 870590Vehicles: break-down lorries, road-sweepers, spraying lorries, mobile workshops, mobile radiological units, and other special purpose vehicles n.e.s. in heading no. 8705 | $967.3MLatest imports | +10.2% | 25 | 7668 | USADeclining | $1.3B |
| 50 | HS 760612Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square) | $1.8BLatest imports | +2.3% | 58 | 4604 | USADeclining | $1.9B |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| VehiclesHS2 87 | 16 | $69.4B | $51.0B | +12.0% |
| Mineral fuelsHS2 27 | 3 | $18.9B | $16.4B | +10.1% |
| HS2 sector 00HS2 00 | 2 | $15.0B | $16.2B | +10.7% |
| MachineryHS2 84 | 6 | $20.0B | $14.5B | +3.8% |
| HS2 sector 99HS2 99 | 1 | $7.2B | $11.8B | +17.8% |
| Electrical equipmentHS2 85 | 4 | $15.3B | $10.7B | +12.1% |
| Precious stones and metalsHS2 71 | 2 | $13.4B | $9.9B | +11.7% |
| Pharmaceutical productsHS2 30 | 2 | $12.2B | $5.3B | +8.7% |
| AircraftHS2 88 | 2 | $6.5B | $4.8B | +8.0% |
| Inorganic chemicalsHS2 28 | 2 | $3.4B | $3.7B | +12.5% |
| Chemical productsHS2 38 | 2 | $1.9B | $2.7B | +29.3% |
| BeveragesHS2 22 | 1 | $1.4B | $2.4B | +20.5% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 271600Electrical energy | $1.0B | 9 | 9999 | USA | 100.0% |
| HS 220720Ethyl alcohol and other spirits: denatured, of any strength | $1.4B | 22 | 9997 | USA | 100.0% |
| HS 999999Commodities not specified according to kind | $7.2B | 24 | 9973 | USA | 99.9% |
| HS 711291Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals | $4.0B | 12 | 9962 | USA | 99.8% |
| HS 870490Vehicles: for transport of goods, n.e.s. in heading no. 8704 | $996.1M | 18 | 9759 | USA | 98.8% |
| HS 271121Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $1.4B | 8 | 9700 | USA | 98.5% |
| HS 284590Isotopes (excluding those of heading no. 2844): compounds, inorganic or organic, of such isotopes, whether or not chemically defined | $1.1B | 25 | 9559 | IRL | 97.8% |
| HS 382600Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals | $785.6M | 23 | 9254 | USA | 96.1% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
USA
USA, Puerto Rico and US Virgin Islands
41 screened products
$135.0BCalculated opportunity across these rowsCHN
China
2 screened products
$9.5BCalculated opportunity across these rowsPER
Peru
1 screened products
$4.6BCalculated opportunity across these rowsMEX
Mexico
2 screened products
$3.0BCalculated opportunity across these rowsJPN
Japan
1 screened products
$2.5BCalculated opportunity across these rowsIRL
Ireland
1 screened products
$1.9BCalculated opportunity across these rowsBRA
Brazil
1 screened products
$1.8BCalculated opportunity across these rowsSWE
Sweden
1 screened products
$1.1BCalculated opportunity across these rowsFrequently asked questions
Using the Canada import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in Canada's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for Canada.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.