Mambo Italiano - Canada-Italy culture goods trade - ARCHIVED

When it comes to cultural or artistic products such as sculptures and paintings, Italy has centuries of rich cultural heritage to draw upon. Thus, it comes as no small surprise that Italy is a major source for culture goods imports to Canada. From 1996 to 2002, Italy was ranked sixth in terms of Canada's suppliers of culture goods.

Imports from Italy had previously been flat or declining until 2001, but jumped 72% year-to-year in 2002. The increase came despite a sizable appreciation of the Euro against the Canadian dollar. Since spending on culture goods tends to increase with income, it is possible that Canada's growth in disposable income and consumer spending since 2001 contributed to this jump.