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 Trade Summary for Canada

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 Trade Summary for Canada, Trade Indicator, Service Indicator, Top % Export and Import Partners, Canada Export and Import of Product Groups, Tariff, and trade for Canada.

Trade has always been central Canada’s to Canada’s economy. Canada’s economic development historically depended on the export of large volumes of raw materials learn more below.

Trade Summary for Canada

Contents

Definition

TRADE SUMMARY FOR CANADA

Trade Indicator

Service Indicators 2019

Canada top 5 Export and Import partners

Canada Exports and Imports of Product Groups

Top 5 Products exports imports at HS 6 digit level

Tariff and Trade Barriers for Canada

Overall Trade Restrictiveness Index (OTRI) 2009

Non-Tariff Measures (NTM)

Temporary Trade Barriers Database (TTDB)

World Development Indicators (WDI)

Doing Business

Logistics Performance Index (LPI)

Types of Port

The largest ports in Canada

Functions of Ports

Definition| Trade Summary for Canada

A port is defined as a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers.

TRADE SUMMARY FOR CANADA

Overall Exports and Imports

Exports
Exports (in US$ Mil) 446,080
No. Of products 4,354
No. Of partners 219
Imports
Imports (in US$ Mil) 453,360
No. Of products 4,536
No. Of partners 224

Trade Indicator| Trade Summary for Canada

HH Market concentration index 0.51
Index of export market penetration 16.08
World Growth -1.13
Country Growth -0.03

Service Indicators 2019

Service imports (BoP, current US$) 121,218,865,178.36
Service exports (BoP, current US$) 105,022,974,326.75
Imports of goods and services (% of GDP) 33.51
Exports of goods and services (% of GDP) 31.92

Canada top 5 Export and Import partners| Trade Summary for Canada

Market Trade (US$ Mil) Partner share (%)
United States 336,215 75.37
China 17,536 3.93
United Kingdom 14,928 3.35
Japan 9,516 2.13
Mexico 5,519 1.24
Exporter Trade (US$ Mil) Partner share (%)
United States 229,986 50.73
China 56,531 12.47
Mexico 27,873 6.15
Germany 14,565 3.21
Japan 12,422 2.74

Canada Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share (%) Import(US$ Mil) Prod share (%) Weighted Average (%)
Raw materials 118,012 26.46 37,910 8.36 1.37
Intermediate goods 103,401 23.18 79,205 17.47 0.17
Consumer goods 120,146 26.93 160,539 35.41 .87
Capital goods 82,662 18.53 166,162 36.65 0.11

Top 5 Products exports imports at HS 6 digit level

Exports
Petroleum oils and o … 68,099,255.64
Automobiles with rec … 15,900,316.36
Gold in unwrought fo … 15,609,495.69
Automobiles with rec … 15,540,593.03
Petroleum oils, etc, … 12,176,080.13
Imports
Automobiles with rec … 14,720,978.65
Petroleum oils and o … 14,245,475.89
Petroleum oils, etc, … 13,956,262.44
Gas-powered trucks w … 10,359,690.72
Transmission apparat … 10,315,382.93

Tariff and Trade Barriers for Canada

No. Of Tariff Agreement 24
Simple Average (%) 2.10
Duty-Free Imports (US$ Thousands) 371,782,457.57
Maximum Rate (%) 3,000
Weighted Average (%) 1.51
Duty-Free Tariff Lines Share (%) 82.99

Overall Trade Restrictiveness Index (OTRI) 2009

Overall Trade Restrictiveness Index – MFN Tariff (2009) 0.07
Overall Trade Restrictiveness Index – Applied Tariff (2009) 0.05

Non-Tariff Measures (NTM)

No Of NTM Measures (2015) 90
No Of NTM Affected Products (HS 6 Digit) (2015) 5,319

Temporary Trade Barriers Database (TTDB)

Temporary Trade Barriers in Effect – Simple Average (2013) 1.39
Temporary Trade Barriers in Effect – Weighted Average (2013) 0.45

World Development Indicators (WDI)

Population 37,058,856
GDP (current US$ Mil) 1,741,576
GNI per capita, Atlas method (current US$) 46,460.00
Trade Balance (current US$ Mil) -27,790.00
Trade Balance (% of GDP) -1.60

Doing Business

Ease of Doing Business Rank 23
Trading Across Borders Rank 51

Logistics Performance Index (LPI)

LPI Score 3.93
LPI Rank 14

Types of Port

  • Dry port
  • SeaportTrade Summary for Canada
  • Fishing portTrade Summary for Canada
  • inland port
  • Warm water.

The largest ports in Canada

  • Port of Vancouver. The biggest major port in Canada is the Port of Vancouver, not surprisingly.
  • Port of Montreal.
  • Port of Prince Rupert.
  • Port of Halifax.
  • Port of St.

Functions of Ports| Trade Summary for Canada

The ports functions are as follows:

  • The landlord for personal entities giving a spread of services.
  • Regulator of economic activity and operations.
  • Regulator of marine safety, security, and environmental management.
  • Planning for future operations and capital investments.
  • The operator of maritime services and facilities.

You can Visit https://wits.worldbank.org/countrysnapshot/en/CAN

see also >>>>>>>>>>>>>>>>>> Canada Border Services Agency

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