Number of importers and value of imports growing
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The number of importing establishments rose nearly 22% from 2002 to 2007, while the value of imported merchandise grew more than 15%, or by $49.3 billion, to a record $371.2 billion.
Of the 168,142 establishments importing merchandise into Canada in 2007, more than half imported less than $30,000 annually, collectively accounting for less than 1% of the total value of imports. Establishments importing more than $25 million made up less than 1% of all importers, yet they accounted for over 78% of total imports.
Imports from countries other than the United States grew from 38% of the total value of imports in 2002 to almost 47% in 2007. Meanwhile, the number of firms importing from the United States increased 19% from 2002; however, the value of such imports remained relatively unchanged.
The number of establishments importing less than $100,000 grew 25% from 2002 to 2007, while those importing more than $1 million rose 12%.
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