An Integrated and Decentralized Range of Trade Promotion Services and Tools
Major Features of the Canadian Foreign Trade
The foreign trade structure in Canada is characterized by unusual patterns. First, the close links between the U.S. and Canadian economies and the continental economic integration resulting from the North American Free Trade Agreement (NAFTA) is illustrated by trade statistics: More than 80% of Canada’s exports are for the U.S. market. Most trade represents the amount of intercompany transfers and flows between multinational enterprises, which counts for an average of US$1.5 billion per day. Second, the distribution of trade flows is illustrated by a rather narrow distribution: 4% of exporters are responsible ...