You are currently browsing the category archive for the 'exports' category.
EDC’s forecast, released this morning, contains sectoral and regional outlooks that will be of interest to sector and geographic groups and posts and is available at the following link: http://www.edc.ca/gef
EDC projects that Canadian exports will grow by 6% in 2010 after a 23% contraction in 2009. For Canadian GDP, EDC’s forecast remains at the lower end of the range, projecting 1.9% GDP growth in Canada in 2010, versus the Canadian banks that average at 2.5% and the Bank of Canada at 3%.
In response to the ongoing global economic crisis, many of the world’s largest multilateral development banks have increased their 2009 – 2011 budgets in order to support new infrastructure projects in developing countries. To help Canadian companies take advantage of these opportunities, Export Development Canada has developed a free step-by-step guide on how to bid on — and land — international development contracts.
The online guide focuses on four key banks: the World Bank, the Asian Development Bank, the African Development Bank and the Inter-American Development Bank.
To find out more about the Guide or to download a free copy, visit www.edc.ca/infrastructure .
Contact:
Marie-Claude Erian, Sector Advisor
Export Development Canada
t: 613-598-2969
f: 613-597-8667
e: merian@edc.ca
USDA Launches New Country Web Pages
In an effort to expand information available to exporters, the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) today added country pages to its Web site. Grouped into four regions – Western Hemisphere, Europe, Africa and the Middle East, and Asia and Oceania – these country pages provide essential demographic, economic and political information.
The new country pages will allow users to find comprehensive links, all in one place, on import requirements for each country, as well as travel and market information, the status of trade negotiations, trade development and important contacts. These pages are available on the FAS Web site at http://www.fas.usda.gov/countryinfo.asp.
In addition, the FAS Web site includes many searchable databases providing export, import, production, supply, and distribution data, as well as export sales reports and market reports from U.S. agricultural trade experts stationed in 97 offices around the world. A link to this information may be found at http://www.fas.usda.gov/fassearch.asp.
Via: ResourceShelf
Via: Docuticker
Key Figures on Europe 2009 / Eurostat
Data are generally provided for the European Union total (EU-27), the euro area and the Member States, and – when available – for the candidate countries, the EFTA countries, Japan and the United States. The presentation largely follows the nine statistical themes of Eurostat’s free dissemination database: economy and finance; population and social conditions; industry, trade and services; agriculture, forestry and fisheries; international trade; transport; environment and energy; science and technology; and regional statistics.
Saskatchewan and Newfoundland and Labrador have stepped into a new era of prosperity, according to a study released today as the feature article in the May 2008 issue of the Canadian Economic Observer.
The ongoing commodity boom, starting in 2002, offered a unique opportunity for these two provinces to tap into their natural resources as never before. Driven by export growth, notably that of crude oil, Newfoundland and Labrador’s economy led the nation in terms of growth in nominal gross domestic product (GDP) in 2007, at 13.4%. Saskatchewan followed with growth of 11.4%, ahead of Alberta’s 8.3%.
http://www.statcan.ca/english/freepub/11-010-XIB/00508/feature.htm
TORONTO – April 22, 2008 – Export growth is expected to remain flat until mid-2009 as the global economy continues to slow, according to the quarterly Global Export Forecast released today by Export Development Canada (EDC). The title of the forecast is “Now What?”, a reference to the heightened uncertainty that exporters and analysts are experiencing in assessing the current global economic slowdown.
“Like a hard-fought chess game, the Canadian economy has made very good moves in adverse conditions over the past two years and stayed out of trouble. But suddenly we’re in check,” said Peter Hall, Vice-President of Economics and Deputy Chief Economist. “While it took longer than expected for the US housing crash to spread, there is little doubt that we are in the middle of a significant slowdown. What remains uncertain among exporters is the depth and length of the downturn.”
EDC believes that deteriorating fundamentals, namely the still-strong Canadian dollar, the economic slowdown in the U.S. and lower commodity prices, will catch up with Canadian exporters this year. Overall, EDC forecasts total exports to fall by 2 per cent in 2008, with broad-based losses across most sectors, except for key commodities associated with tighter global food and energy markets. EDC anticipates meagre growth of 2 per cent in 2009, in line with mildly recovering global growth.
Easing global demand, the bottoming-out of the US dollar and a retreat in commodity prices will help deflate the Canadian dollar over the forecast period. While lower short-term interest rates in Canada will support the currency’s depreciation, EDC believes that the effect will likely be marginal as US short-term interest rates fall even further. As such, the Canadian dollar will trade around parity for most of the first half of 2008 before falling away during the second half. By year-end 2008, the Canadian dollar is expected to be trading in the range of USD 0.86 to USD 0.90.
“Looking forward, growth will be very lean until at least mid-2009. Excesses on the U.S. consumer front are simply too great to allow for a snappy 2001-style recovery,” continued Mr. Hall. “Even a significant dose of well-timed stimulus won’t be enough of an antidote.”
The slowdown in the U.S. has now spread from the consumer and is more generalized among other parts of the economy. Growth in the Eurozone is also expected to slow amid hawkish policy positions by the European Central Bank’s (ECB). Forward-looking indicators in Japan continue to suggest a recession, while the U.K. economic outlook has deteriorated due to housing market weakness and consumer excesses. Accounting for nearly half of global GDP, weakening in these markets will lower global growth to 3.8 per cent in 2008 and 2009.
Emerging markets will not escape the current global downturn unscathed. Economic growth is expected to slow to 6.8 per cent in 2008 and 6.4 per cent in 2009, down from 7.6 per cent in 2007. On a positive note, while emerging market growth will be slower, it will not be as slow as in previous global downturns. Emerging markets today have a greater ability to handle the current wave of financial turbulence than in the past. Four years of strong global demand, surging commodity prices and elevated liquidity have allowed many countries to lower and improve their public debt burdens, strengthen government balances, and accumulate significant foreign exchange reserves. They have also improved policy credibility and implemented productivity enhancing reforms.
By industry, this year’s contraction in exports will be broadly-based. Declines will hit 9 of 13 broad industry categories. Take away the high-flying energy and agriculture sectors, and the overall growth picture is considerably bleaker. Export growth by province will be varied. Gains will be strongest in Saskatchewan, Manitoba, Alberta and New Brunswick, all riding on the strength of the agriculture and/or energy sectors. Significant declines will hit Ontario and Quebec this year, owing to industrial mix and dependence on the US economy.
EDC’s semi-annual Global Export Forecast addresses the latest global export conditions including perspectives on interest rates, exchange rates as well as export strategies to help Canadian companies minimize risk. It also analyzes a range of risks for which exporters should be prepared. The Forecast is available on EDC’s website at http://www.edc.ca/gef.
EDC is Canada’s export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC’s knowledge and partnerships are used by 7,000 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and is a recognized leader in financial reporting, economic analysis and has been named one of Canada’s Top 100 Employers for seven consecutive years.
From : Doing Business in Canada 2008 : A country commerical guide for US companies, U.S. Commercial Service (pdf, 111 p.)
Market Opportunities
The best prospect sectors over the 2008-2009 period are expected to be:
1. Security/Safety Equipment (SEC)
2. General Industrial Machinery (GIE)
3. Aerospace and Defense (DFN)
4. Electrical Power Systems (EPS)
5. Telecommunications Equipment (TEL)
6. Building Products (BLD)
7. Medical Devises (MED)
8. Travel and tourism (TRA)
9. Compter Software (CSF)
10. Computer Hardware and Peripherals (CPT)
11. Oil and Gas Field Machinery (OGM)
12. Automotive Parts and Service Equipment (APS)
The fastest growing commercial sectors in Canada are medical devices, security/safety equipment, general industrial machinery, aerospace and defense and electrical power systems. For Canadian companies upgrading their plants and equipment, as well as for those constructing new facilities, the United States is a principal source of new machinery and technology. This is especially true given the strength of the Canadian dollar. U.S. companies will continue to find Canada an extremely attractive and accessible place to do business.
Major project opportunities recently reported by U.S. Commercial Service Canada in the Market Research Library on the U.S. Export Portal website include:
Alberta oil sands development
Atlantic Canada renewable energy projects
Ontario energy sector and Canada power projects
British Columbia construction and port development projects
Security projects for maritime and ports
Ontario highway infrastructure projects
Canada’s strong defense budget
March 11, 2008
Via: resourceshelf NAFTA Regional Database by Export.gov
Click on the arrow pointing to each country — Canada, Mexico — and NAFTA. This will expand each into the following categories in which documentation can be found –
+ Business Travel & Etiquette
+ Customs Information & Import Documentation
+ General Economic Information
+ General Marketing Information
+ Key Contacts & Websites
+ Laws & Procedures for Licensing & Investing
+ Sectoral & Product Specific Information
+ U.S. Government Regulations & Restrictions
Profile of Canadian exporters
1996 to 2006
The number of Canadian establishments that export merchandise fell for the second consecutive year in 2006, but the total value of their exports rose to a record high, according to the latest version of the Exporter Register.
In 2006, 45,641 establishments exported merchandise, down 5.0% from 2005. However, this amount was 19% higher than it was in 1996 and slightly higher than in 2000.
These establishments exported a record $404.4 billion of merchandise in 2006, a marginal gain of 0.7% from 2005. This was the third consecutive annual increase, following three years of declining exports that began in 2001.
In the manufacturing sector, the number of exporters declined 2.9% to about 21,000. This sector accounted for about one-quarter of the overall decline in the number of exporters.
Even so, the value of exports from the manufacturing sector remained steady at $248.4 billion, which represented 61% of total merchandise exports in 2006.
In the wholesale trade industry, the number of exporters fell 5.2% to 10,297. This industry accounted for just under one-quarter (23%) of the overall decline in number of exporters. However, wholesalers represented 58% of the total increase in the value of exports between 2005 and 2006.
The number of exporters fell in every province. Ontario represented 40% of the national decline, followed by British Columbia, which accounted for 27% and Quebec, 16%.
Establishments that export more than $25 million annually continued to account for the majority of merchandise exports.
The largest 4% of exporting establishments accounted for 84% of the total value of merchandise exports in 2006. Those exporting less than $1 million a year represented 72% of all establishments, but only 1.5% of the total value.
Establishments with fewer than 50 employees accounted for 73% of all exporting establishments, but only 31% of the total value.
Conversely, only 6% of all exporters employed more than 200 people. However, they represented 43% of the total value.
| Number of exporters by industry grouping | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industry grouping (NAICS) | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | ||
| number of exporters (establishments) | |||||||||||||
| Agriculture, forestry, fishing hunting | 2,024 | 2,116 | 2,237 | 2,239 | 2,445 | 2,496 | 2,523 | 2,307 | 2,263 | 2,145 | 1,954 | ||
| Mining, oil and gas extraction | 404 | 424 | 405 | 418 | 461 | 509 | 476 | 515 | 489 | 514 | 513 | ||
| Utilities | 53 | 58 | 57 | 61 | 69 | 64 | 69 | 59 | 66 | 68 | 68 | ||
| Construction | 829 | 901 | 945 | 1,132 | 1,209 | 1,286 | 1,356 | 1,365 | 1,425 | 1,401 | 1,282 | ||
| Manufacturing (total) | 17,847 | 18,746 | 19,342 | 19,998 | 20,596 | 20,884 | 21,450 | 21,647 | 21,685 | 21,640 | 21,004 | ||
| Wholesale trade | 9,555 | 10,008 | 10,050 | 10,337 | 10,454 | 10,640 | 10,785 | 10,938 | 10,938 | 10,865 | 10,297 | ||
| Retail trade | 1,639 | 1,625 | 1,807 | 2,153 | 2,241 | 2,372 | 2,585 | 2,326 | 2,358 | 2,252 | 1,961 | ||
| Transportation and warehousing | 1,182 | 1,229 | 1,452 | 1,437 | 1,549 | 1,544 | 1,533 | 1,468 | 1,644 | 1,641 | 1,514 | ||
| Information and cultural industries | 522 | 543 | 545 | 567 | 601 | 591 | 568 | 576 | 600 | 596 | 511 | ||
| Finance and insurance | 893 | 935 | 984 | 1,054 | 1,128 | 1,167 | 1,144 | 1,157 | 1,257 | 1,286 | 1,215 | ||
| Business service | 2,499 | 2,795 | 2,910 | 3,088 | 3,278 | 3,427 | 3,516 | 3,656 | 3,812 | 3,883 | 3,683 | ||
| Other1 | 998 | 1,076 | 1,130 | 1,285 | 1,372 | 1,456 | 1,493 | 1,559 | 1,721 | 1,776 | 1,639 | ||
| Exporter registry total | 38,445 | 40,456 | 41,864 | 43,769 | 45,403 | 46,436 | 47,498 | 47,573 | 48,258 | 48,067 | 45,641 | ||
|
|||||||||||||
Exports represented nearly half of the industrial emissions of greenhouse gases in Canada in 2002, the largest single share of emissions from a demand perspective, according to a new study called “A demand perspective on greenhouse gas emissions“, part of StatsCan’s EnviroStats (16-002-XWE)
Typically, emissions are reported from a supply perspective, showing how much pollutant is produced and by whom. While this supply perspective is important, it is also useful to look at emissions from a demand perspective. This shows how the consumption of goods and services for different purposes (household use, for example) drives the industrial production of greenhouse gas emissions.
The study found that between 1990 and 2002, total greenhouse gas emissions from industrial sources increased 18.4% to 573,843 kilotonnes. Exports accounted for the vast majority of this increase.
Recent Comments