Home Trade and Investment State Trade Fact Sheets 2005 Utah

Utah

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• 44,000 Utah jobs are supported by Canada–U.S. trade
• Total Canada–U.S. merchandise trade: $411 billion
• Canada–U.S. trade supported 5.2 million U.S. jobs
• Total state exports to Canada increased $348 million or 64% from 2003
• Glitz and glam—Utah supplied Canada with $273 million in precious metals andalloys last year

Best in the West…
Canada–Utah trade totaled $2.2 billion in 2004. With over 18% of Utahan goods exported to anada, it remained the Beehive State’s leading export market. In fact, state exports to Canada rose by $348 million in 2004—a 64% increase from 2003.

Mad about metals…
Utah’s mining industry was productive in 2004, selling over six times more metals to Canada than in 2003. Metal sales increased by $279 million or 526% due to an unprecedented demandfor precious metals and alloys ($273 million worth). In fact, the rise in metal sales to Canada was so substantial that metals became Utah’s largest export sector, bringing in a total of $332 million.

Utah imported $68 million worth of Canadian metal products in 2004. The state’s industries purchased aluminum (including alloys) and basic metal products, which constituted some of the top imports to Utah.

Transportation fueled the exchange…
Canada and Utah engaged in a mutually beneficial exchange of transportation goods totaling $847 million. Utahan aviators bought nearly $500 million in aircraft, making these goods thestate’s largest import commodity from Canada in 2004. Utah also purchased $66 million in motor vehicle parts (excluding engines) and $51 million in aircraft parts.

In return, Utah sold $158 million in motor vehicle parts (excluding engines) to its northern partner. These parts represented Utah’s second largest exports to Canada, accounting for 79%of all transportation sales. The Beehive State also contributed to Canada’s aircraft ndustry by selling its neighbor some $18 million worth of aircraft parts.

Take me out to the ball game…
Utah kept Canadian sports enthusiasts equipped with $15 million in sporting and recreation equipment, making these goods one of the top Utah exports to Canada. Other household goods sold to its northern neighbor included furniture and fixtures, books and pamphlets, andapparel and accessories.

Migrating West…
Canadians visited the Great Salt Lake State 147,400 times in 2004, spending $34 million. Residents of Utah enjoyed visiting their northern neighbors, spending $19 million on the 48,200 visits they made to Canada.

STATENAME's Leading Exports to Canada
2004, in millions of U.S. dollars

• Precious metals & alloys ($273)
• Motor vehicle parts, not including engines ($158)
• Medical & related equipment ($28)
• Aircraft parts, not including engines ($18)
• Sporting & recreation equipment ($15)
• Steel bars & rods ($11)
• Furniture & fixtures ($11)
• Structural shapes, steel & sheet piling ($9)
• Pipes & tubes, iron & steel ($9)
• Containers ($8)

Utah's Leading Imports from Canada
2004, in millions of U.S. dollars

• Aircraft ($498)
• Motor vehicle parts, not including engines ($66)
• Aircraft parts, not including engines ($51)
• Synthetic rubber & plastics ($33)
• Aluminum, including alloys ($23)
• Softwood lumber ($22)
• Containers ($21)
• Mining machinery ($18)
• Basic metal products ($18)
• Firearms & ammunition ($17)

Canada-Utah Success Stories

Utah has a rich life science industry with over 300 companiescontributing an estimated $1.8 billion in annual revenues and $1.4billion to the state’s economy. Along with a major life science industry,Utah’s top three universities have active technology transfer programsthat have given birth to more than 75 new life science companies.Included in Utah’s portfolio is Echelon Biosciences, a subsidiary ofCanada’s Aeterna Zentaris, and NPS Pharmaceuticals which mergedwith Allelix Biopharmaceuticals of Toronto in 1999.

The Consulate General of Canada in Denver will host a mission toUtah in November as part of their 2005 bioscience mission. Canadianlife science companies will meet with counterparts in Utah to fosterimproved relations and promote technology transfer and investmentin the life science industry of both nations.

Utah-Canada Facts at a Glance:

• State jobs supported by Canada–U.S. trade: 44,000

August 2005

For more information on Canada's trade with Utah, please contact:
Consulate General of Canada
1625 Broadway, Suite 2600
Denver, CO 80202
Phone: (303) 626-0640  •  Fax: (303) 572-1159
www.denver.gc.ca

Sources: Merchandise trade and tourism figures are from Statistics Canada, converted at the rate of US$1.00=C$1.3015. Job numbers are based on 2001 data from a 2003 study by Trade Partnership Worldwide commissioned by the Canadian Embassy. Canada's export ranking is from the World Institute for Strategic Economic Research (WISER). All figures are in U.S. dollars. Figures may not add up due to rounding.

• Read the 2004 state trade figures
• Read the 2003 state trade figures
• Read the 2002 state trade figures