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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Imports climbed to 72.4B in April 2026
FMPMonthlyReleased June 2026
Canada Imports climbed to 72.4B in April 2026, released June 2026, up 1.41B from March's 70.99B reading. The reading matched the 69.5B consensus. The print is running well above the 12-month average of 68.4B. Over the past 3 months, Imports averaged 69.72B, vs 65.13B in the prior 3-month window. Imports is now the highest in 39 months.
Latest Release
72.4
Actual
69.5
Consensus
70.99
Previous
Median Absolute Error
±1.61 billion
across last 12 releases
Last Call
Jun 2026
Predicted: 72.63
Actual: 72.4
Error: +0.22
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.72 | COMMODITIES | Bearish XAU | → View |
| EUR/USD | ▼ Inverse | −0.64 | FOREX | Bearish EUR | → View |
| USD/CAD | ▲ Direct | +0.57 | FOREX | Bullish USD | → View |
| BTC/USD | ▼ Inverse | −0.56 | CRYPTO | Bearish BTC | → View |
| AUD/CAD | ▼ Inverse | −0.56 | FOREX | Bearish AUD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Imports (Canada) was reported at 72.40 billion in June 2026. This beat the market consensus of 69.50 billion by 2.90 billion. The reading rose from the previous value of 70.99 billion. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 67.77 billion, ranging from 64.08 billion to 72.40 billion across 8 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 70.19 billion, up from the prior three at 65.73 billion. Volatility over the past year (σ 2.74 billion) is higher than the prior year (σ 2.41 billion). In June readings over the past 3 years, Imports has averaged 68.49 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 1.61 billion.
WHAT TO WATCH NEXT
The next release is scheduled for July 7, 2026. Same-country events in the next 14 days include New Housing Price Index MoM (Jun 17) and Retail Sales MoM (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Imports - CA
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About Imports — Canada
DEFINITION
Imports refer to the goods and services that a country purchases from other countries. This financial indicator is used to measure the amount of foreign goods and services that are brought into a country, and is an important factor in determining a country's trade balance and overall economic health. High levels of imports can indicate a strong demand for foreign products, while low levels may suggest a weaker economy or a focus on domestic production. Tracking imports can provide valuable insights into a country's trade relationships and global economic trends.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 72.4 M, consensus 69.5 M. Prior reading (Mar 2026): 70.99 M. Before that (Feb 2026): 72.05 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.72) — a useful reference for commodities-focused traders.