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International Trade
Goods-Producing Industries (NAICS 11-33)
Under this topic you will find information on imports, exports and trade balance for the Goods-Producing industries (NAICS 11-33). The data used for this topic were obtained through Trade Data Online. Trade Data Online provides the ability to generate customized reports on Canadian and U.S. trade in goods with over 200 countries.
Exports
In this section we examine total merchandise exports allocated to the goods-producing division of the Canadian economy. Total exports include all goods leaving the country (through customs) for a foreign destination. It consists of the sum of domestic exports (goods grown, produced, extracted or manufactured in Canada) and re-exports (goods that have previously entered Canada and are leaving in the same condition).
| NAICS Code |
Sector | Value in $ billions | CAGR* 2002-2011 |
% Change 2010-2011 |
|
|---|---|---|---|---|---|
| 2002 | 2011 | ||||
|
*Compound Annual Growth Rate Source: Statistics Canada, special tabulation, unpublished data, Canadian International Merchandise Trade, 2002 to 2011. |
|||||
| 11 | Agriculture, forestry, fishing and hunting | 13.0 | 22.1 | 6.0% | 13.7% |
| 21 | Mining and Oil and Gas Extraction | 47.4 | 126.1 | 11.5% | 23.5% |
| 22 | Utilities | 1.8 | 2.0 | 1.3% | -0.6% |
| 31-33 | Manufacturing | 305.4 | 280.4 | -0.9% | 7.9% |
| 11-33 | Goods-Producing Industries | 367.7 | 430.6 | 1.8% | 12.3% |
In 2011, total exports allocated to the goods-producing industries were $430.6 billion dollars. Over the past 10 years, the value of these exports had a growth rate of 1.8% per year on average. Over the course of the most recent year, total exports increased by 12.3%.
Total Exports: 2002-2011
Goods-Producing Sectors (NAICS 11, 21, 22, 31-33)
Source: Statistics Canada, special tabulation, unpublished data, Canadian International Merchandise Trade, 2002 to 2011.
The majority of Canadian merchandise trade is allocated to the Manufacturing sector (NAICS 31-33). Between 2002 and 2008, export values for this sector have hovered around the $300 billion mark. In 2002, manufacturing exports were valued at $305.4 billion, and declined at a rate of 0.9% per year on average, decreasing to a value of $280.4 billion in 2011. Over the course of the most recent year, manufacturing exports increased by 7.9%.
Mining and Oil and Gas Extraction (NAICS 21) represents the second largest export sector, increasing by 23.5% within the most recent year, to a value of $126.1 billion in 2011.
While exports allocated to the Agriculture, Forestry, Fishing and Hunting (NAICS 11) sector only represent a small portion of the exports for the Goods-Producing industries, values of these exports had been on the rise in recent years. Over the course of the most recent year, exports started showing an increased of 13.7%. Despite the economic downturn, exports in this sector have increased by 6.0% on average, reaching $22.1 billion in 2011.
Exports of products allocated to the Utilities (NAICS 22) sector is still demonstrating a small decrease in 2011. The value of the exports decreased by 0.6%, to $2.0 billion.
Imports
In this section we examine Canadian merchandise trade statistics for total imports allocated to the goods-producing industries. Total imports include all goods which have entered the country (Canada) by crossing territorial (customs) boundaries, whether for immediate domestic consumption or for storage in customs bonded warehouses.
| NAICS Code |
Sector | Value in $ billions | CAGR* 2002-2011 |
% Change 2010-2011 |
|
|---|---|---|---|---|---|
| 2002 | 2011 | ||||
|
*Compound Annual Growth Rate Source: Statistics Canada, special tabulation, unpublished data, Canadian International Merchandise Trade, 2002 to 2011. |
|||||
| 11 | Agriculture, forestry, fishing and hunting | 7.9 | 9.8 | 2.4% | 8.6% |
| 21 | Mining and Oil and Gas Extraction | 16.3 | 49.8 | 13.3% | 22.4% |
| 22 | Utilities | 0.5 | 0.4 | -3.2% | -42.3% |
| 31-33 | Manufacturing | 313.6 | 372.5 | 1.9% | 9.3% |
| 11-33 | Goods-Producing Industries | 338.3 | 432.5 | 2.8% | 10.5% |
Imports allocated to the goods-producing industries increased to $432.5 billion in 2011, up 10.5% from the 2010 level of imports. Over the past 10 years, import levels have averaged 2.8% annual growth.
Total Imports: 2002-2011
Goods-Producing Sectors (NAICS 11, 21, 22, 31-33)
Source: Statistics Canada, special tabulation, unpublished data, Canadian International Merchandise Trade, 2002 to 2011.
The vast majority of Canadian imports are allocated to the Manufacturing (NAICS 31-33) sector of the economy. Imports for this sector have increased by 1.9% on average since 2002, reaching $372.5 billion in 2011. Over the course of the most recent year, import values increased by 9.3%.
Imports allocated to the Mining and Oil and Gas Extraction (NAICS 21) sector increased to $49.8 billion in 2011, up 22.4% from the 2010 level of imports, and have risen 13.3% per year on average since 2002.
Imports allocated to the Agriculture, Forestry, Fishing and Hunting (NAICS 11) sector reached $9.8 billion in 2011 following a 2.4% increase over 2010. Since 2002, imports averaged 8.6% growth per year.
The value of imports for the Utilities (NAICS 22) sector was $0.4 billion in 2011, a decrease of 3.2% from the 2010 level.
Trade Balance
In this section we examine Canada's total trade balance which is the difference between exports and imports of goods between the Canada and its international trading partners. It is calculated by subtracting total imports from total exports.
In general, if a country imports more goods than it exports, its trade balance is negative (trade deficit). If the country exports more goods than it imports, the trade balance is positive (trade surplus).
Exports, Imports and Trade Balance: 2002-2011
Goods-Producing Industries (NAICS 11-33)
Source: Statistics Canada, special tabulation, unpublished data, Canadian International Merchandise Trade, 2002 to 2011.
During the ten years preceding 2010, the export and import values allocated to the Goods-producing division followed similar patterns, resulting in a fairly stable trade surplus. However, in 2011 Canada recorded a trade deficit of $7.9 billion, up 29.8% from a trade deficit of $11.3 billion in 2010.
| NAICS Code |
Sector | Value in $ billions | CAGR* 2002-2011 |
% Change 2010-2011 |
|
|---|---|---|---|---|---|
| 2002 | 2011 | ||||
|
*Compound Annual Growth Rate Source: Statistics Canada, special tabulation, unpublished data, Canadian International Merchandise Trade, 2002 to 2011. |
|||||
| 11 | Agriculture, forestry, fishing and hunting | 5.1 | 12.3 | 10.3% | 18.1% |
| 21 | Mining and Oil and Gas Extraction | 31.2 | 76.2 | 10.3% | 24.3% |
| 22 | Utilities | 1.3 | 1.7 | 2.6% | 19.4% |
| 31-33 | Manufacturing | -8.2 | -92.1 | N/A | -13.6% |
| 11-33 | Goods-Producing Industries | 29.4 | -1.9 | N/A | 76.0% |
Trade Balance: 2002-2011
Goods Producing Sectors (NAICS 11, 21, 22, 31-33)
Source: Statistics Canada, special tabulation, unpublished data, Canadian International Merchandise Trade, 2002 to 2011.
The Manufacturing sector (NAICS 31-33) was the only goods-producing sector to post a deficit in 2011. This deficit was 92.1 billion, and was 11.0% larger than the deficit observed in 2010.
The Mining and Oil and Gas Extraction sector (NAICS 21) posted a surplus of $76.2 billion in 2011, which was 24.3% larger than that observed in 2010. Since 2002, the surplus has grown 10.4% per year on average.
The Agriculture, Forestry, Fishing and Hunting sector (NAICS 11) has also posted a stable surplus throughout the past 10 years, with a $12.3 billion surplus posted in 2011. This was a increase of 10.3% from the size of the 2010 surplus. Over a ten year span, the surplus averaged 18.1% growth per year.
Little trade is allocated to the Utilities sector (NAICS 22), which posted a trade surplus of $1.7 billion in 2011. Since 2002 the trade balance increased at a rate of 2.6% per year on average, and in the most recent year the trade surplus decreased by 19.4%.
Important Notes on International Trade Data
The data in this section come from Statistics Canada's Canadian International Merchandise Trade Database via Industry Canada's Trade Data Online website. Data are presented on a customs basis. All dollar amounts are presented in current Canadian dollars, meaning the effects of price inflation/deflation are not factored in.
International trade statistics are disseminated by Statistics Canada on a monthly basis. Complete data for 2011 were first made available in February and are scheduled to be revised in March, April and May as well as on the quarterly release dates in August, November and February. Data for the previous three years are also revised in February.
Industry-based trade data is derived from product-based trade data. While the majority of merchandise trade data is allocated to goods-producing industries, some is allocated to a small number of primarily services-producing industries or cannot be allocated to a particular industry. As a result, trade totals for the goods-producing division of the economy will not equal totals found in the international trade section at the Canadian Economy level of Canadian Industry Statistics.
Although the Construction sector (NAICS 23) is within the Goods-Producing division of the Canadian economy, no trade data is allocated to this sector.
