Innovation activities and international trade in Canada, 2022

Release date: September 4, 2024
Infographic: Innovation activities and international trade in Canada, 2022
Description: Innovation activities and international trade in Canada, 2022

Innovation activities

Supply chain challenges caused by the COVID-19 pandemic contributed to a decline in innovation activitiesNote in 2022.


Table 1
Table summary
This table displays the results of Table 1 Percent (appearing as column headers).
Percent
Businesses that conducted innovation activities in 2022 47.2%
Businesses that conducted innovation activities in 2019 52.5%

BusinessesNote that conducted innovation activities were more likely to introduce new products to market or new business processes to their operations.

Percentage of businesses that introduced an innovation from 2020 to 2022


Table 2
Table summary
This table displays the results of Table 2 Percent (appearing as column headers).
Percent
Of businesses that conducted innovation activities in 2022 89.9%
Of businesses that did not conduct innovation activities in 2022 55.7%

International trade and innovation

In 2022, the proportion of Canadian businesses that engaged in international trade was lower than in 2019. Companies that traded internationally were more likely to be innovative.


Table 3
Table summary
This table displays the results of Table 3 All businesses, 2022, All businesses, 2019 and Innovative businesses, 2020 to 2022 (appearing as column headers).
All businesses, 2022 All businesses, 2019 Innovative businesses, 2020 to 2022
Businesses that imported or exported goods and services 50.1% 54.3% 79.9%
Businesses that did not import or export goods and services 49.9% 45.7% 63.8%

Top 3 obstacles to exporting goods and services


Table 4
Table summary
This table displays the results of Table 4 All businesses (appearing as column headers).
All businesses
Shipping costs 32.2%
Impacts of the COVID-19 pandemic 27.3%
Efficiency, capacity or reliability of the transportation infrastructure 16.4%

Source: Statistics Canada, Survey of Innovation and Business Strategy, 2022.

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