Fastest Growing Industries by Imports in Canada in 2025

• 1. Plastics & Rubber Machinery Manufacturing in Canada

  Growth in Imports for 2025: 24.0%

  Canadian plastics and rubber machinery manufacturers produce machinery used to make or process plastic and rubber products, including equipment for blow moulding, extruding and injection moulding. Manufacturers primarily rely on demand from foreign markets, as exports account for about half of all revenue. These products are essential in a wide variety of downstream markets, ranging from packaging materials and construction to consumer electronics and medical supplies. This market diversity c...

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• 2. Petrochemical Manufacturing in Canada

  Growth in Imports for 2025: 13.8%

  Revenue for petrochemical manufacturers closely tracks commodity price movements because crude oil and natural gas are essential feedstocks in petrochemical production. Manufacturers buy these commodities from suppliers and are subject to the market price. Since petrochemicals are essential for various downstream markets, companies can raise their prices accordingly to keep profitability from falling despite higher costs.

  High prices and limited supply drove Canadian chemical shipments...

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• 3. Battery Manufacturing in Canada

  Growth in Imports for 2025: 13.5%

  Over the past five years, Canada’s battery manufacturing industry has experienced a period of rapid expansion fueled by sustained investment in new gigafactories, growing demand from electric vehicle (EV) and energy storage sectors and targeted government incentives at both federal and provincial levels. Major industry players, including Volkswagen, Stellantis-LG and Northvolt, have staked out multi-billion-dollar projects, particularly across an emerging manufacturing corridor spanning Ontar...

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• 4. Hog & Pig Farming in Canada

  Growth in Imports for 2025: 12.5%

  The Canadian pork industry has seen significant growth since 2020, with revenue climbing at a CAGR of 2.3% to reach an estimated $8.5 billion after growing 11.7% in 2025. Much of the industry's revenue growth has been driven by surges in domestic pork sales led by rapid population expansion. Consistent upticks in red meat prices have also bolstered farmers' cash receipts. However, tapering population growth in 2025, marked by a slowdown in immigration targets, stands to put a damper on this m...

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• 5. Cookie, Cracker & Pasta Production in Canada

  Growth in Imports for 2025: 11.0%

  The Cookie, Cracker and Pasta Production industry in Canada has experienced strong growth. However, faltering economic and trade conditions threw volatility into the mix during the current period. For example, per capita disposable income fell sharply toward the beginning of the period in 2021-22, which limited demand for discretionary goods from the industry. In addition to this, producers faced volatile prices of several major inputs, including the price of wheat and sugar. The price hikes ...

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• 6. Chemical Product Manufacturing in Canada

  Growth in Imports for 2025: 10.5%

  Canada’s chemical product manufacturing industry operates at the intersection of resource availability, industrial automation and shifting demand from key end-user segments, including the automotive, construction and agricultural sectors. Demand for construction-grade adhesives, water treatment compounds and specialty chemical additives remains closely tied to infrastructure investment and the North American supply chain. Advances in automation and digital process control have increased opera...

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• 7. Soap & Cleaning Compound Manufacturing in Canada

  Growth in Imports for 2025: 9.9%

  Soap and cleaning compound manufacturers have experienced a varied performance recently, with certain markets significantly impacting their sales. Supermarkets and mass merchandisers continue to be strong avenues, as consumers opt for bulk purchases to combat rising prices. Hygiene standards have also spurred growth in healthcare sales. However, the office building market, plagued by high remote work rates and construction slowdowns, has seen stagnation. Food service establishments face chall...

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• 8. Concrete Pipe & Block Manufacturing in Canada

  Growth in Imports for 2025: 9.8%

  Manufacturers of concrete pipes and blocks are vital to the construction sector, providing essential materials for residential, commercial and infrastructure projects. Economic trends influence this industry; fluctuations in interest or mortgage rates impact construction financing costs, potentially influencing construction activity and demand for materials. Additionally, the industry's engagement in international trade, particularly with the US, means that broader American economic and polit...

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• 9. Valve Manufacturing in Canada

  Growth in Imports for 2025: 9.7%

  Canadian valve manufacturers have had mixed performance over the past five years. Since valves are essential components in a vast range of manufacturing and industrial processes, industry growth tends to fluctuate in line with both domestic and global economic conditions. The decline in industrial production following the collapse in crude oil during the early stages of the pandemic weakened demand for specialized valves from the manufacturing and energy sectors, both of which are key markets...

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• 10. Chocolate Production in Canada

  Growth in Imports for 2025: 9.0%

  The chocolate production industry in Canada has shown resilience and adaptability in the face of evolving consumer preferences and market dynamics. Recent years have highlighted a growing demand for premium, artisanal and sustainably sourced chocolate products, which has driven growth in this sector. Despite facing challenges like rising ingredient costs and supply chain disruptions, the industry has maintained its performance, with producers innovating to meet the diverse tastes of Canadian ...

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