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Posted by Daniel Workman Jul 10, 2006 |
To help give further perspective on Canada's current trade situation, it's useful to look at some high-level categories for Canada's exports and imports.
The list below shows Canadian exports in 2005 (in C$ billions):
- Machinery and equipment $94.6 (22% of total exports)
- Automotive products $88.2 (20.5%)
- Energy products $86.9 (20.2%)
- Industrial goods and materials $84.6 (19.7%)
- Forestry products $36.6 (8.5%)
- Agricultural and fishing products $30.2 (7%)
- Other consumer goods $8.3 (1.9%)
The list below shows Canadian imports in 2005 (in C$ billions):
- Machinery and equipment $110.9 (29.5% of total exports)
- Industrial goods and materials $78.6 (20.9%)
- Automotive products $78.4 (20.8%)
- Other consumer goods $49.5 (13.2%)
- Energy products $33.7 (9%)
- Agricultural and fishing products $22 (5.8%)
- Forestry products $3.1 (0.8%)
As the above numbers show, Canada runs a positive trade balance for the following product categories: energy (+$53.2 billion), forestry (+$33.5b), agricultural and fishing (+$8.2b), automotive products (+$9.8b) and industrial goods and materials (+$6b).
Source: Statistics Canada