After decreasing 2.9 percent in October 2023, Canada's total imports rose 1.9 percent in November, partially driven by higher imports of uranium and wind farm turbines, Statistics Canada said Tuesday.
Imports of energy products increased 11.6 percent in November. Imports of nuclear fuel and other energy products increased the most, mainly on higher imports of uranium from Kazakhstan, the national statistical agency said.
No significant uranium imports were recorded from April to October. Despite the November increase, imports of nuclear fuel and other energy products were down 30 percent in the year so far, compared with the first 11 months of 2022.
Imports of refined petroleum energy products rose 18.8 percent, on higher imports of motor gasoline and aviation fuel from the United States. These gains coincided with outages reported in Canadian refineries in the fall of 2023.
According to the agency, imports of industrial machinery, equipment and parts rose 4.9 percent in November. Imports of other general-purpose machinery and equipment reached a record high in November and contributed the most to the increase. This was driven in large part by higher imports of turbines and generator equipment destined for wind farm projects in Alberta.
Imports of electrical components rose 9.4 percent in November, mainly on higher imports of electric wire and cable, Statistics Canada said.
Editor:Galia
