Key Market Indicators
Canada's computer hardware exports are predicted to drop by 2.1 percent annually over the next five years, from $271 million in 2021 to $239 million in 2026. This downward trend has been in place since 1994, with an average year-on-year decrease of 2.6 percent. Meanwhile, computer hardware imports to Canada are predicted to grow 1.1 percent annually over the same period, from $1.7 billion in 2021 to $1.8 billion in 2026. This upward trend has been in place since 1994, with an average year-on-year increase of 2.1 percent. In 2021, the UK was the largest importer of computer hardware to Canada, at $1.7 billion. Germany, the Netherlands and China followed in second, third and fourth place, respectively.