The European Union represents Canada’s second-biggest trade partner. Canada’s exports to the European Union totaled US$30 billion in 2016, down by -22.5% over the five-year period starting in 2012. Year over year, the value of Canada-EU exports reversed that trend via a 2% uptick from 2015 to 2016. Representing a 43% share, the United Kingdom is the EU member that purchases … [Read more...] about Canada’s Trade Report Card: EU Countries
Trade partners
World’s Top Import Partners
Export sales depend on sustained demand from importing nations. Therefore, it is important to know which trade partners represent the largest share of dollar shipments from around the globe. Exporters that overly depend on demand from a few trade partners are vulnerable if the importing countries suffer an economic slowdown. This is why governments try to encourage their … [Read more...] about World’s Top Import Partners