Table 5: Changes in Canada’s merchandise exports (f.o.b) to Korea under a CKFTA
Pre-FTA 2001 US$ millions(1) | Change in 2001 US$ millions(2) | % of Change(3) | 2005 Base in C$ millions(4) | Change in C$ millions (5) | % Change (6) | |
Primarysectors & food products | 516 | 606 | 117 | 1,296 | 1,177 | 91 |
Other manufactured products (GTAP 26-41) | 939 | 211 | 22 | 1,386 | 333 | 24 |
Total merchandise exports | 1,456 | 817 | 56 | 2,806 | 1,581 | 56 |
Source: Authors’ calculations based on GTAP simulations; central scenario closure. Note: differences in the percentages in column (3) vs. (6) reflect differences in weights and a minor difference in the definition of total merchandise trade in the GTAP database and the total as given by Statistics Canada based on the harmonized system (HS) classification of merchandise trade.