Fastest Growing Industries by Imports in Canada in 2026

• 1. Ceramics Manufacturing in Canada

  Growth in Imports for 2026: 9.1%

  The ceramics manufacturing industry in Canada is experiencing a period of decline despite a gain in residential construction activity in 2025. Increased demand for ceramic fixtures, which naturally occurs with a boom in housing development, is primarily benefiting imports as opposed to domestic manufacturers. This trend underlines Canada's long-standing reliance on foreign-made ceramics and is reflected in the stagnant sales experienced by Canadian manufacturers. Global competition continues ...

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• 2. Boat Building in Canada

  Growth in Imports for 2026: 9.0%

  Canadian boat builders manufacture various watercraft for personal, commercial and government use. These products are highly discretionary purchases, so boat builders benefit from growing consumer confidence, disposable income and spending. The pandemic fostered strong boat sales, encouraging individuals to find socially-distanced recreational activities, leading to heightened demand for boating. This trend has altered the industry's structure, pushing companies to provide added value to conv...

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• 3. Forklift & Conveyor Manufacturing in Canada

  Growth in Imports for 2026: 7.1%

  The Canadian material handling equipment industry, which produces essential goods like forklifts and conveyors for manufacturing, construction, warehousing and logistics, faces notable headwinds heading into 2025 due to a slowdown in domestic manufacturing activity, international trade uncertainties and potential tariff escalations that disrupt global supply chains. Despite robust demand over the past five years driven by industrial production growth, rapid e-commerce expansion and incr...

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• 4. Seafood Preparation in Canada

  Growth in Imports for 2026: 6.8%

  In recent years, Canada's Seafood Preparation industry has demonstrated resilience and adaptability in a rapidly evolving market. This industry, which plays a critical role in the country's food sector and makes significant export contributions, has faced numerous challenges and opportunities. Recent performance highlights include steady growth driven by domestic consumption and exports, alongside an increasing focus on sustainability and innovation. These factors have shaped a dynamic landsc...

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• 5. Audio & Video Equipment Manufacturing in Canada

  Growth in Imports for 2026: 6.8%

  The Canadian audio and video equipment manufacturing industry has experienced unprecedented revenue growth, spurred by global events and evolving consumer behaviors. Despite volatile input prices and increased global competition, industry products have surged in popularity in recent years, being driven by surging demand for home entertainment, remote working capabilities and digital platform adoption. These trends have led to industry revenue increasing at a CAGR of 11....

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• 6. Cut & Sew Apparel Manufacturing in Canada

  Growth in Imports for 2026: 6.3%

  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,...

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• 7. Mineral & Phosphate Mining in Canada

  Growth in Imports for 2026: 5.8%

  Revenue for miners exhibited significant swings stemming from price shakeups, mainly because of potash. Canada is the world's largest producer and exporter of potash, a primary input for fertilizer manufacturers worldwide. Potash prices spiked in 2022 because of the Russia-Ukraine conflict, which imposed sanctions on the country, weakening the global supply of potash. This allowed domestic potash miners to thrive, as revenue nearly doubled. Nonetheless, prices crept down as supply stabilized,...

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• 8. Automobile & Light-Duty Motor Vehicle Manufacturing in Canada

  Growth in Imports for 2026: 5.6%

  Canadian automakers have faced severe volatility through the current period, especially given prominent offshoring trends over the past two decades. Higher labor costs, smaller markets and lower economies of scale have encouraged automakers in Canada to prioritize the United States and Mexico, leading to greater import exposure. Most notably, passenger vehicle production volumes have plummeted in Canada, with a majority of automakers instead prioritizing SUVs and light trucks. Regardless, tot...

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• 9. Toy, Doll & Game Manufacturing in Canada

  Growth in Imports for 2026: 5.6%

  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...

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• 10. Inorganic Chemical Manufacturing in Canada

  Growth in Imports for 2026: 5.2%

  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...

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