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BOX: A Forecast for Canadian Merchandise Exports

Top 20 Destinations for Canadian Merchandise Exports, 2009 and 2040

The figure depicts the top 20 destinations for Canadian exports in 2009 and compares this list with the forecast for the projected top 20 destinations in 2040.

The most noticeable differences in the respective rankings are outlined. China advances from being ranked third in 2009 to second in 2040; India advances from being ranked tenth in 2009 to fourth in 2040; Brazil advances from being ranked fourteenth in 2009 to ninth in 2040; Spain advances from being ranked twentieth in 2009 to twelfth in 2040.

Source: Office of the Chief Economist projections based on IHS/Global Insight forecast data.