STATISTICS CANADA



CANADA AND ITS TRADING PARTNERS ACTIVITY

STATISTICS CANADA

Using the Statistics Canada website as a resource you are going to further investigate the relationship between Canada and its trading partners.

RESOURCES:

EXPORTS BY PRODUCT OVER PAST 5 YEARS



IMPORTS BY PRODUCT OVER PAST 5 YEARS



.

EXPORTS AND IMPORTS BY COUNTRY OVER PAST 5 YEARS



A: Starter Questions:

1. Describe the trend in Canada's total exports to the United States over the last five years?

2. Of Canada's total exports, approximately what percentage did the United States purchase in the most recent year shown?

3. Which is larger — our total exports or total imports with the United States in the most recent year shown?

4. As a result, did Canada have a trade surplus or a trade deficit with the United States in the most recent year shown? How much was that surplus or deficit?

B. Analyzing Canada's major exports

Canada's major export products have changed over time.

1. Use this information to rank the list of products in the order you expect, from highest (1) to lowest (6) value of exports (in $) in the first column.

2. Looking at the data over the last five years, fill in the second column in the table below, indicating whether it has been increasing, decreasing or remaining stable over time.

|Product |Actual ranking value of exports for the most recent|Trend in exports of this product over the last five |

| |year |years |

| |(highest to lowest) |(increasing, decreasing, or stable) |

|Farm and fishing products | | |

|Crude oil and crude bitumen | | |

|Intermediate metal products | | |

|Basic chemicals and industrial chemical | | |

|products | | |

|Aircraft and other transportation | | |

|equipment and parts | | |

|Motor vehicles and parts | | |

3. Explain possible reason(s) for the trend in exports for any one of these products.

C. Identifying Canada's major imports

1. What is a general trend with total Canadian imports over the past 5 years?

2. Which countries do we import the most from in the most recent year shown?

3. What are the top 5 product categories that Canada imported in the most recent year shown?

4. Why do you think we import energy products like crude oil if Canada is a major producer of crude oil as well?

5. Why do you think we import farm and fishing products?

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