Canada Is A Trading Nation
Canada's Major Trading Partners - 2008
Canada is a major trading nation whose combined value of exports and imports is the equivalent of more than two-thirds of the country's GDP. Canada trades with the world but its main trading partner is the U.S., accounting for roughly three-quarters of trade and the majority of capital moving in and out of Canada.
Canada's Top 10 Export Markets
by Country, 2008 |
|---|
| Country |
% Share of
Total Exports |
|---|
| United States |
77.7 |
| United Kingdom |
2.7 |
| Japan |
2.3 |
| China |
2.2 |
| Mexico |
1.2 |
| Germany |
0.9 |
| Netherlands |
0.8 |
| South Korea |
0.8 |
| Belgium |
0.7 |
| France |
0.7 |
| Total of Top 10 |
90.0 |
|---|
|
|
Canada's Top 10 Import Markets
by Country, 2008 |
|---|
| Country |
% Share of
Total Imports |
|---|
| United States |
52.4 |
| China |
9.8 |
| Mexico |
4.1 |
| Japan |
3.5 |
| Germany |
2.9 |
| United Kingdom |
2.9 |
| Algeria |
1.8 |
| France |
1.4 |
| Norway |
1.4 |
| South Korea |
1.4 |
| Total of Top 10 |
81.6 |
|---|
|
|
|
Source: Industry Canada, 2009 (6/2009)
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