International tourism; expenditures (% of total imports) in Canada

The International tourism; expenditures (% of total imports) in Canada was last reported at 7.44 in 2010, according to a World Bank report released in 2011. The International tourism; expenditures (% of total imports) in Canada was 7.41 in 2009, according to a World Bank report, published in 2010. The International tourism; expenditures (% of total imports) in Canada was reported at 6.69 in 2008, according to the World Bank. International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Their share in imports is calculated as a ratio to imports of goods and services, which comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.This page includes a historical data chart, news and forecasts for International tourism; expenditures (% of total imports) in Canada. Canada's economy is diversified and highly developed. The foundation of Canadian economy is foreign trade and the United States is by far the nation's largest trade partner. Foreign trade is responsible for about 45 percent of the nation's gross domestic product (GDP). Canada is one of the few developed nations that is a net exporter of energy.

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