The share of transport services in Canada’s commercial service imports is forecasted to display a steady, albeit slight, upward trend from 2024 to 2028, moving from 19.36% to 19.43%. Year-on-year variations indicate minimal increases, reflecting a matured market segment with consistent performance. Assuming no drastic changes in market conditions or international trade dynamics, the compound annual growth rate remains stable over the five-year forecast, indicating a steady contribution of transport services to overall service imports.

Future trends to watch for include:

International trade policies that may impact transportation costs and demand.
Technological advancements in transport that could enhance efficiency and reduce costs.
Global economic conditions influencing trade volumes and transport services demand.