Industries with the Biggest Decline in Imports in Canada in 2025

• 1. Inorganic Chemical Manufacturing in Canada

  Decline in Imports for 2025: -77.7%

  Surging demand from both basic and high-value manufacturing segments has materially strengthened revenue streams within the Inorganic Chemical Manufacturing industry. Core market drivers include robust activity in construction, automotive production and agricultural inputs, each requiring diverse offerings such as sulphuric acid for fertilizers or sodium hydroxide for pulp and paper processing. Supply contracts tied to large public infrastructure projects and private investment in advanced pr...

  Learn More

• 2. Truck & Bus Manufacturing in Canada

  Decline in Imports for 2025: -49.2%

  Truck and bus manufacturing remains a staple in the Canadian economy since transporting people and goods is paramount to a healthy economy. Even so, the pandemic slashed demand for truck and bus manufacturers since lockdown restrictions limited manufacturing capabilities, international trade and downstream demand. However, robust e-commerce demand, along with favorable construction spending programs, especially as people returned to work, and the economy's overall recovery in the latter half ...

  Learn More

• 3. Generic Pharmaceutical Manufacturing in Canada

  Decline in Imports for 2025: -41.6%

  Generic pharmaceuticals account for nearly three-fourths of all prescription drugs dispensed yearly in Canada. Generic pharmaceutical manufacturers are critical to this supply and have an invaluable role in public health and saving patients and insurers millions. Rapid population growth, rising incomes and a growing population of over 65 in Canada in recent years have also contributed to jumps in prescription spending. Despite this importance, the industry's revenue growth hinges on federal a...

  Learn More

• 4. Electrical Equipment Manufacturing in Canada

  Decline in Imports for 2025: -28.2%

  Over the past five years, the Canadian electrical equipment manufacturing industry has navigated a shifting economic landscape characterized by steady household demand for electricity, volatile business investments and the impact of global trade dynamics. Reliable power usage from households has anchored a resilient base for electrical equipment, while post-pandemic economic recovery in the manufacturing and construction sectors spurred short-term revenue growth in 2021 and 2022. However, cha...

  Learn More

• 5. Ball Bearing Manufacturing in Canada

  Decline in Imports for 2025: -24.5%

  The industry operates within a capital-intensive manufacturing environment shaped by rising demand from industrial automation, heavy equipment and transportation manufacturing. Ongoing infrastructure renewal across Canadian provinces and an uptick in automation investments within domestic automotive and resource-extraction machinery industries anchor demand for precision ball bearings. At the same time, price sensitivity among industrial distributors and equipment assemblers limits pricing po...

  Learn More

• 6. Computer Manufacturing in Canada

  Decline in Imports for 2025: -22.4%

  Canadian computer manufacturers have undergone a long-term decline as fierce international competition continues to flood the domestic market with low-cost imports. Meanwhile, innovative needs and computing requirements have skyrocketed, creating a tightly packed, highly versatile and heavily competitive landscape. High costs in Canada, import penetration and limited market opportunities have created unfavourable conditions, causing some companies to exit the market, slashing profit and creat...

  Learn More

• 7. Toy, Doll & Game Manufacturing in Canada

  Decline in Imports for 2025: -21.2%

  Toy, doll and game manufacturers have struggled over the current period. With manufacturers producing overlapping goods, price competition is high, forcing domestic manufacturers to lower prices to compete with inexpensive imports from low-cost countries, mainly China, Vietnam and Mexico. This trend has led many large manufacturers to offshore their operations to take advantage of lower wage costs, contributing to the heightened levels of import penetration. In 2021, the former industry leade...

  Learn More

• 8. Screw, Nut & Bolt Manufacturing in Canada

  Decline in Imports for 2025: -20.6%

  Ongoing industrial automation and growth in key end-user segments, including construction, automotive and machinery manufacturing, have driven sustained demand within the industry. Adoption of advanced fastening solutions by OEMs responding to efficiency and safety demands has reinforced the necessity for robust, reliable hardware. Infrastructure renewal programs and investment in the transportation and resource extraction sectors have created stable procurement channels for industry output. ...

  Learn More

• 9. Shoe & Footwear Manufacturing in Canada

  Decline in Imports for 2025: -19.7%

  The Canadian shoewear industry has experienced slight growth in recent years, with the nation's improving economic conditions after the pandemic. A rise in disposable income and consumer spending has allowed businesses within this market to expand their reach and offerings. Opportunities thrive in niche markets, especially those targeting affluent individuals interested in specialized footwear. Innovation and product personalization remain key in attracting shoppers seeking exclusive, high-qu...

  Learn More

• 10. Cut & Sew Apparel Manufacturing in Canada

  Decline in Imports for 2025: -18.8%

  The Cut and Sew Apparel Manufacturing industry in Canada has been navigating some challenging waters recently. Economic pressures and shifting consumer preferences have impacted the sector significantly. Overcapacity and increased competition from low-cost international markets are contributing factors to the industry's current downturn. Also, the expansion of e-commerce has altered traditional retail channels, impacting demand for domestic manufacturers who struggle to compete on price. Yet,...

  Learn More