An independent
think-tank on Canada's relations with Asia
Exports
Canadian Cattle, Sheep and Goat Producers Gain Market Access to Philippines
Agriculture Minister, Gerry Ritz, and International Trade Minister, Ed Fast, announced that the Government has secured access to the live ruminant market in the Philippines for Canadian cattle, she
South Korea Ends Ban on Canadian Beef
Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast announced that Canadian beef under 30 months of age can re-enter the South Korean market.
Softwood Lumber Exports to China Surpass U.S. for First Time
Trade figures released by the Government of British Columbia showed the value of softwood lumber exported to China has surpassed that exported to the U.S. for the first time. B.C.
CIBC Report Indicates Ontario Needs to Shift Export Focus to Booming Economies like India
A report from Toronto-based CIBC World Markets Inc.
Canadian Government and Canola Industry Invest in China
A $1.5 million investment by the Canadian government, combined with funding from the canola industry, will help ensure that Canadian canola seed exports remain strong in China.
EDC Provides US$30 Million in Financing to China Gas Holdings
New Market Access for Canadian Agriculture in Mongolia
Canadian farmers and exporters now have new market opportunities in Mongolia for beef, cattle and swine and their products. Federal Agriculture Minister Gerry Ritz made the announcement after meeting with Mongolia’s Minister for Food, Agriculture and Light Industry, Tunjin Badamjunai. Canadian agriculture and food products that can be exported to Mongolia are: live cattle, live swine, ovine/caprine genetics (sheep/goats), bovine genetics, porcine semen, day old chicks and hatching eggs, and meat products, including all beef and beef products. Mr.
Exports of Services Products Key to British Columbia's Prosperity in the Coming Decades, Says New APF Report
British Columbia marks its 150th year amidst the most severe global economic downturn in decades. The extreme uncertainly that has paralyzed global markets is a reminder of the need to rethink the province’s economic future, but it requires business and government to set out the long-term vision and put in place the programs, especially education, to support the vision, says new a APF Bulletin.
Canada's Trade with the World, by Region
Canada enjoyed total trade growth of 11% with the world in 2010. Exports to the Latin America region increased 19%, while imports rose by almost 29%. Canada’s total trade with Latin America saw the biggest increase of 26% in 2010. Canada’s total trade growth with the United States, Canada’s top trading partner, saw an increase of 10%. Of notable interest was the decline in Canada’s exports to the Other region (Middle East and Africa), at a decline of 12% is the only region that saw a decline in exports in 2010. Canada’s imports from Latin America and the Other region (the Middle East and Africa), increased by 29% and 26% respectively, the biggest increase in imports in 2010. Canada’s trade with the Asia Pacific region has remain relatively stable over the years and in 2010, the region has a total trade growth of slightly higher than the United States, at 10.9%. However, the dominance of the United States in Canada’s trade patterns is clear, as even a small percentage change in magnitude is much larger in dollar terms than double-digit percentage changes in other markets.
| Canada’s Trade with the World, by Region 2010 (C$ millions) | ||||||
| Exports | % Change | Imports | % Change | Trade | % Change | |
| US | 278,949 | 11.1 | 203,152 | 8.8 | 482,101 | 10.1 |
| Asia/Oceania | 38,154 | 12.9 | 83,571 | 10.0 | 121,725 | 10.9 |
| Europe | 38,006 | 18.8 | 58,489 | 2.6 | 96,495 | 8.4 |
| Latin America | 11,376 | 19.3 | 38,091 | 28.8 | 49,466 | 26.5 |
| Other | 7,147 | -12.4 | 19,990 | 26.4 | 27,137 | 13.2 |
| Total | 373,631 | 11.7 | 403,293 | 10.4 | 776,924 | 11.0 |
Source: Trade Data Online. Industry Canada. 15 March 2011. http://www.ic.gc.ca/eic/site/tdo-dcd.nsf/eng/Home
Reproduced with the permission of the Minister of Public Works and Government Services Canada.
Canada enjoyed total trade growth of 11% with the world in 2010.
