Canadian Export Activity Continues to Expand With China in 2016

While the USA is by far the largest trading partner, China remained Canada’s second most important exporting partner in 2016, both in terms of number of exporting enterprises and export sales. In 2016, 35,203 enterprises exported $341.3 billion worth of goods to the United States. At the same time, 4,052 firms exported goods to China in 2016, totaling $19.4 billion. The number of exporting enterprises and export sales to the United States both fell in 2016 compared with 2015, while both were up for China.

From 2010 to 2016, the number of exporting enterprises in Canada increased by 2,644, largely due to more enterprises exporting to the United States. In all, there were 2,230 more enterprises exporting to the United States in 2016 than in 2010. Other notable increases during this period were in the number of enterprises exporting to China (+651), United Arab Emirates (+293) and Vietnam (+246).

Source StatsCan

Leave a Reply

Your email address will not be published. Required fields are marked *