Expansion of machinery and equipment exports was up $4.6 billion or 23.9$, industrial goods exports were up $3.6 billion, or 22.9%, forest up $1.0 billion, or 11.9% and consumer goods up $0.2 billion, or 5.9%. Agricultural exports only slightly with automotive exports falling by $0.5 billion, or 1.9%.
SWOT ANALYSIS for CANADIAN INTERNATIONAL TRADE (Table 1.0)
Conclusion:
The trade environment is stable in Canada and should remain so if there are no major disturbances on the world economical, environmental or security front to interrupt the status quo. Since 1999 Canada's trade has grown, decreased slightly and stabilized. In light of the growth being experienced by China and the fact that China is one of Canada's largest trade partners, sharing the spot with Japan, international trade should remain strong in Canada for the foreseeable future.
Bibliography
Monthly Trade Bulletin Canada (2004 Aug) Vol.6 No.6 [Online] available at http://strategis.ic.gc.ca/epic/internet/ineas-aes.nsf/vwapj/mtb200408e.pdf/$FILE/mtb200408e.pdf
Monthly Trade Bulletin Canada (2004 July) Vol.6 No.5 http://strategis.ic.gc.ca/epic/internet/ineas-aes.nsf/vwapj/mtb200408e.pdf/$FILE/mtb200408e.pdf
Trade Update 2004: Fifth Annual Report on Canada's State of Trade [Online] available...
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