Crude oil, Cars, Gold, Automobile parts, Petroleum gases
BUSINESS OPPORTUNITIES IN CANADA
Canada saw its exports increase by 17.1% in June as compared to the last month, which brought the total exports to $39.7 billion and it also beat market expectations which were at $38.8 billion. On the other hand, imports of the country increased by 21.8% and were valued at $42.9 billion which was above the market expectations of $41.3 billion.
Canada mainly exported energy products which formed 19% of total exports followed by motor vehicles and parts and consumer goods among others. The main export partners for Canada are the USA, the EU, China, Japan and Mexico.
Canada’s main imports were consumer goods which formed 20% of total imports followed by motor vehicles and parts, electrical equipment, plastic and rubber products. Canada’s main import partners are the USA, the EU, China, Mexico and Japan.