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Trade and Investment Publication |
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Facts & Figures |
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China may replace Canada as top exporter to the U.S. by 2007
October 13, 2006
China may replace Canada as top exporter to the U.S. by 2007
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Data: Statistics Canada
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As most Canadians are aware, the U.S. consumes the majority of Canada's merchandise
exports-84% in 2005. Canada has been the largest exporter to the U.S. over the past several
decades. But Canada's share of U.S. merchandise imports has decreased from 18.5% in 1990 to
17.2% in 2005. Over the same period, China, with its surging growth in exports, has seen its
share of the U.S. import market increase from only 3.1% in 1990 to 14.6% in 2005. If Canada's
and China's exports to the U.S. continue to grow at the same pace as they have over the past five
years, China will surpass Canada as the largest exporter to the U.S. market as soon as 2007. To
find out more, go to www.international.gc.ca/eet/reports-en.asp.
Provided by the Office of the Chief Economist, Foreign Affairs and International Trade Canada.
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