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  Facts & Figures

For non-U.S. destinations, services make up an increasing portion of Canada's exports

December 20, 2005

For non-U.S. destinations, services make up an increasing portion of Canada's exports

Canada's services exports as a share of total exports  
Source: Statistics Canada data
 

For non-U.S. destinations, the relative importance of Canada's services exports has been increasing. In 1980, services accounted for 13.4% of Canada's total exports to non-U.S. destinations. By 2004, this had nearly doubled, to 24.8%. Overall, the services share of total exports to all countries increased, from 9.9% in 1980 to 12.8% in 1990, and has flattened out since then, remaining at around 12-13%. The total value of Canada's services exports has increased as well, rising seven-fold from $8.7 billion in 1980 to $61.8 billion in 2004. While the U.S. accounted for 85% of Canada's merchandise exports in 2004 though, it accounted for only 58% of Canada's services exports. When compared with goods, Canada's services exports are significantly more diversified, although the U.S. remains the primary destination for both.

Provided by the Trade and Economic Analysis Division (www.international.gc.ca/eet).


Last Updated:
2005-04-15
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