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Canada's State of Trade - Trade and Investment Update – 2009
Canada's State of Trade
Trade and Investment Update – 2009
Table of Contents
A Message from the Minister
Executive Summary
Global Economic Performance
Overview and Global Prospects
The United States
Japan
Euro Area
The United Kingdom
The Emerging Economies
Emerging Asia
Emerging Europe
Latin America and the Caribbean
The Commonwealth of Independent States (CIS) Economies
The Middle East
Africa
Assumptions and Risks
Overview of World Trade Developments
Merchandise Trade
Trade Values (nominal trade)
Trade Volumes (real trade)
Prices and Exchange Rates
Leading Merchandise Traders
Services Trade
Leading Services Traders
Canadian Economic Performance
Gross Domestic Product
GDP Growth by Province
Employment
The Canadian Dollar
Interest Rates
Inflation
Overview of Canada's Trade Performance
Goods and Services
Box: Diversification of Canada's Trade
Box: Sales Abroad by Canadian Foreign Affiliates
Goods Trade
Sectoral Performance of Goods Trade
Box: The Evolution of Canada's Trade Surplus
Services Trade
The Current Account
Box: Intra-firm Trade Between Canada and the United States
Key Developments in Canadian Merchandise Trade
Trade by Top Ten Partners
Merchandise Exports
Box: Canadian Exporters: Selling More Products to More Markets
Merchandise Imports
Merchandise Trade by Top Products
Merchandise Trade by Major Product Groups
Energy Products
Vehicles and Parts
Mechanical Machinery and Appliances
Electrical and Electronic Machinery and Equipment
Technical and Scientific Equipment
Agricultural and Agri-food Products
Minerals and Metals
Chemicals, Plastics and Rubber
Wood, Pulp and Paper
Textiles, Clothing and Leather
Consumer and Miscellaneous Manufactured Products
Other Transportation Equipment
Trade by the Provinces and Territories
Overview of Canada's Investment Performance
Global Direct Investment Inflows
Global Direct Investment Outflows
Canadian Performance—FDI Stocks
Regional and Sectoral Shares in the Stock of Canada's Inward FDI
Regional and Sectoral Shares in the Stock of CDIA
New Horizons for Canada: the Return to a Multi-polar World
The Emerging World
Determinants of Growth and the Importance of Trade
Trends and Projections for Emerging World Growth
Impact of Emerging Markets Growth on Canadian Commercial Interests
Canadian Trade with the Emerging Markets: Are We Missing Opportunities?
Country and Regional Analysis
Patterns of Canadian Competitive Performance: An Examination of Canada's Comparative Advantage in Emerging Markets
Measures of Competitiveness
Fixing the Benchmark: Canada's Competitiveness in Non-U.S. Markets
Aggregate versus Full Detail Analysis
Regional Competitiveness Analysis by Sectors
Asia
China
India
Indonesia
Malaysia
Latin America and the Caribbean (LAC)
Mexico
Brazil
Venezuela
Colombia
Emerging Europe
Russia
Turkey
Africa
South Africa
Algeria
The Middle East
United Arab Emirates (UAE)
Saudi Arabia
Egypt
Conclusions
Top of Page
Figures
Figure 3-1: Canadian Real GDP Growth
Figure 3-2: Real GDP: Expenditure-based
Figure 3-3: Real GDP Growth by Province
Figure 3-4: Unemployment Rate in Canada
Figure 3-5: Unemployment Rates in Canada and Provinces
Figure 3-6: Annual Exchange Rate Indexes
Figure 3-7a: Commmodity Price and Exchange Rate Indexes
Figure 3-7b: Monthly Commmodity Price and Exchange Rate Indexes
Figure 3-8: The Bank of Canada Key Policy Rate
Figure 3-9: CPI and Core CPI
Figure 3-10: Provincial CPI
Figure 4-1: Exports of Goods and Services by Major Area
Figure 4-2: Imports of Goods and Services by Major Area
Figure 4-3: Growth in Exports and Imports of Goods and Services by Major Area
Figure 4-4: Growth in Goods Exports by Major Groups
Figure 4-5: Growth in Goods Imports by Major Groups
Figure 5-1: Share of Merchandise Exports by Province
Figure 5-2: Share of Merchandise Imports by Province
Figure 6-1: Global Capital Inflows
Figure 6-2: Global FDI Inflows
Figure 6-3: Mergers and Acquisitions Share of Global FDI Inflows
Figure 6-4: Global Direct Investment Outflows
Figure 6-5: Canada's Inward and Outward Stocks of FDI
Figure 6-6: Shares of the Stock of FDI in Canada
Figure 6-7: Shares in CDIA
Tables
Table 1-1: Real GDP Growth in Selected Economies
Table 2-1: World Merchandise Trade by Regions and Selected Countries
Table 2-2: Leading Exporters and Importers in World Merchandise Trade
Table 2-3: World Services Trade by Regions and Selected Countries
Table 2-4: World Exports of Services
Table 4-1: Canadian Goods and Services Trade by Major Partners
Table 4-2: Services Trade by Major Category
Table 5-1: Canadian Merchandise Trade by Top Products
Table 5-2: Merchandise Trade by Province and Territory
Table 6-1: Global FDI Inflows for Selected Regions and Economies
Table 6-2: Stock of Foreign Direct Investment in Canada by Region
Table 6-3: Stock of Foreign Direct Investment in Canada by Selected Industry
Table 6-4: Stock of Canadian Direct Investment Abroad by Region
Table 6-5: Stock of Canadian Direct Investment Abroad by Selected Industry
Special Feature
Figure 1: GDP per capita (PPP)
Figure 2: Convergence in Population Growth
Figure 3: Canadian Shares of BRIC Import Markets
Figure 4: Canada's NRCA Patterns in the World
Figure 5: Canada's NRCA Patterns in the Rest of the World (Excluding the United States)
Table 1: Largest Economies: 2008, 2039, and 2050
Table 2: Impacts of Changes in BRIC Market Share
Table 3: Determinants of Canadian Exports
Table 4: Predicted and Actual Canadian Exports by Region
Table 5: Predicted and Actual Canadian Exports by Selected Country
Table 6: Top 10 Commodities by Canadian Normalized Revealed Comparative
Advantage (NRCA) in the Non-U.S. Markets
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2012-02-07
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