As the world’s 12th largest export economy, Canada relies on trade to drive productivity and boost national economic growth. From 2008 to 2013, the value of Canadian exports increased at an annual rate of 0.3%, or $7 billion. This growth is set to continue throughout 2016, with new figures projecting Canadian exports to rise by 7%.Container ships are vital in the global distribution of Canadian products to markets in Asia, America and Europe. In order to ensure Canada has the infrastructure in place to handle future exports, government bodies are directing large volumes of public funds into the upgrade and expansion of existing port facilities. This edition of the Trade Focus Report comments on Canada’s future export prospects, and the invaluable role of container ships in linking Canada to the world’s leading consumer markets.
Download this latest version of the Trade Focus Report, here.