Coherent Identifier About this item: 20.500.12592/357f29

2002-2012 : 2002-2012 : une décennie de changements dans les exportations manufacturières canadiennes

2014

Premium

Summary

The codified conversion used in the analysis is based on the 1997 version of the NAICS classification, while the version used today for manufacturing sales is the 2012 NAICS.7 For this reason, a new conversion was created to compare the data. [...] The latter statistic shows that the importance of the United States for the Canadian manufacturing sector underwent a transformation during this period, especially during the financial crisis of 2008-2009, when exports of manufactured goods to the United States declined substantially. [...] The widening gap between the US share of total manufacturing exports and the evolution of manufacturing exports to the United States indicates a restructuring of Canadian manufacturing exports (Chart 2).13 Chart 2 Manufacturing exports to the United States and US share of total manufacturing exports millions of dollars percent 300,000 91 89 250,000 87 85 200,000 83 150,000 81 79 100,000 77 75 50,0 [...] There were few changes from 2002 to 2008 in the relationship between the dollar increase and the share of manufacturing exports going to countries other than the United States, whereas the period 2009-2012 shows a divergence between the two trends, reinforcing the idea that the 2008-2009 economic crisis had a restructuring affect on Canadian manufacturing exports (see Chart 3).14 Chart 3 Manufactu [...] Of the industries that had the highest export levels in 2002, the industries that manufactured wood products, machines and transportation equipment greatly contributed to the change in the composition of manufacturers’ sales, with sizable decreases in their export intensity.

Creators/Authors

Tags

china european union economics economy coal export canada business chemical industry chemicals consumer goods economic growth exports imports manufactures prices transport economic sector canadian economy manufacturing industries harmonized system artificial objects car industies

Topics