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Foreign Affairs and International Trade Canada |
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Facts & FiguresFebruary 5, 2007 Canada's share of U.S. imports is falling, but not due to China
Canada's share of the U.S. merchandise import market has fallen from a peak of 19.8% in 1996 to 17.4% in 2005, while China's share rose from 6.5% to 14.5%. But China is not largely responsible for Canada's slump. Two-thirds of Canada's loss was in sectors or sub-sectors (like softwood lumber) where China did not experience a substantial gain. Motor vehicles alone accounted for 36% of Canada's loss—an area in which Korea and Germany, not China, were the main countries to increase share. In sectors where China did gain market share, it was not necessarily at the cost of Canada, as other countries also experienced losses. Canada's falling share of U.S. imports may be a cause for concern, but the finger cannot be pointed squarely at China. For more information, see full report. Provided by the Office of the Chief Economist, Foreign Affairs and International Trade Canada.
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Last Updated: 2006-11-22 | ![]() Top of Page |
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