Measuring Canadian export diversification

Articles and reports: 13-605-X201700154890

Description:

Canada exports over $500 billion worth of merchandise trade annually. This reliance on foreign markets contributes undeniably to Canadian economic activity. However, there are a number of ways of analyzing Canada’s international trade, beyond simply measuring dollar values. One way, that often receives little attention, is to look at the degree of export diversification. Simply put, does an economy have one large customer or multiple customers, or does a country export one product or multiple products?

Issue Number: 2017001
Author(s): Mutimukeye, Sandra
FormatRelease dateMore information
HTMLJanuary 31, 2018