Market Brief on Canada - Sri Lanka Business Portal...1 Market Brief on Canada March 2017 Total...

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1 Market Brief on Canada March 2017 Total Population (2016) 36.29 million Area 9.985 million km² Time Zone UTC -04.00 Capital City Ottawa International +1 Telephone Code Currency Canadian dollar Exchange Rate 1 US$ = 1.33 CAD (28/02/2017) GDP (2015) US$ 1550.54 Billion Source: http://atlas.media.mit.edu/en/ GDP per capita (2015) GDP Growth Rate (Apr 2016) Ease of Doing Business (World Bank 2017) Inflation Rate (Jan 2017) Official Language(s) US$ 50000.56 0.6 % 22/190 2.1 % English, French Other Languages Spanish, German, Italian Business Hours 0900hrs-1700hrs. Lunch 1300-1400 hrs. Banking Hours 0930-16000 hrs. (weekdays) Literacy Rate 99 % Measures Metric System Important International Participation Source: Wikipedia Source: Wikipedia IMF, WHO, WTO, UN, UNESCO, NATO Canada has the 10th (nominal) or 15th-largest (PPP) economy in the world. It is one of the world's wealthiest nations, and is a member of the Organization for Economic Co-operation and Development (OECD) and Group of Seven (G7). It has recorded a GDP of $1.6 trillion in 2016. Canadian economy is dominated by the service industry. Cities Population (million) Toronto, Ontario 5.58 Montréal, Quebec 3.82 Vancouver, British Columbia 2.31 Ottawa, Ontario - Gatineau, Quebec 1.24 Calgary, Alberta 1.21 Edmonton, Alberta 1.16 Québec City, Quebec 0.77 Winnipeg, Manitoba 0.73 Hamilton, Ontario 0.72 Kitchener - Cambridge - Waterloo, Ontario 0.48

Transcript of Market Brief on Canada - Sri Lanka Business Portal...1 Market Brief on Canada March 2017 Total...

Page 1: Market Brief on Canada - Sri Lanka Business Portal...1 Market Brief on Canada March 2017 Total Population (2016) 36.29 million Area 9.985 million km² Time Zone UTC -04.00 Capital

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Market Brief on Canada March 2017

Total Population (2016)

36.29 million

Area 9.985 million km²

Time Zone UTC -04.00

Capital City Ottawa

International +1 Telephone Code Currency Canadian dollar

Exchange Rate 1 US$ = 1.33 CAD

(28/02/2017)

GDP (2015) US$ 1550.54 Billion

Source: http://atlas.media.mit.edu/en/

GDP per capita

(2015)

GDP Growth Rate

(Apr 2016)

Ease of Doing

Business (World

Bank 2017)

Inflation Rate (Jan 2017) Official Language(s)

US$ 50000.56

0.6 %

22/190

2.1 %

English, French

Other Languages Spanish, German,

Italian

Business Hours 0900hrs-1700hrs. Lunch 1300-1400 hrs.

Banking Hours 0930-16000 hrs. (weekdays)

Literacy Rate 99 %

Measures Metric System

Important

International

Participation

Source: Wikipedia Source: Wikipedia

IMF, WHO, WTO, UN, UNESCO, NATO

Canada has the 10th (nominal) or 15th-largest (PPP)

economy in the world. It is one of the world's wealthiest

nations, and is a member of the Organization for Economic

Co-operation and Development (OECD) and Group of

Seven (G7). It has recorded a GDP of $1.6 trillion in 2016.

Canadian economy is dominated by the service industry.

Cities Population (million)

Toronto, Ontario 5.58

Montréal, Quebec 3.82

Vancouver, British Columbia 2.31

Ottawa, Ontario - Gatineau, Quebec 1.24

Calgary, Alberta 1.21

Edmonton, Alberta 1.16

Québec City, Quebec 0.77

Winnipeg, Manitoba 0.73

Hamilton, Ontario 0.72

Kitchener - Cambridge - Waterloo, Ontario 0.48

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Canada Trade with the World (2012-2016)

(US $ million)

Year 2012 2013 2014 2015 2016

Import 462,366 461,785 462,984 419,152 402,971

Export 454,099 456,598 473,603 408,804 389,963

Source: Trade map

Major Import Sources of

Canada 2016

Major Export Destinations of

Canada 2016

Mexico Korea, 1% Republic of

Japan 1% 2%

Germany

1%India

1%

United

Kingdom

3%

France

1%

Belgium

1%

Others China 9%

4%

United

States of

America

76%

Korea, United Japan

3%

Germany

3%

Republic of Kingdom 2% 2%

Italy France 2% 1%

Taipei,

Chinese

1%

Mexico

6% Others

16%

China

12%

United

States of

America

52%

MARKET BRIEF ON CANADA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD©

Import Export

500,000

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0 2012 2013 2014 2015 2016

US

$ M

ILL

ION

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Major Import Products from Canada

2016

Major Export Products to Canada

2016

Sri Lanka- Canada Trade (2012-2016)

Others

57%

Balloons,

dirigibles,

non-

powered

aircraft nes

2%

Oils

petroleum,

bituminous,

distillates,

except

crude

2%

Medicament

s nes,

formulated,

in bulk

2%

Buses

except

diesel

powered

12%

Ties,

railway or

tramway,

impregnated

wood

2%

Pitch coke

10%

Petroleum

oils, oils

from

bituminous

minerals,

crude

2%

Bodies for Base metals

tractors,

buses,

trucks etc

3%

clad with

silver, semi-

manufacture

d

3%

Antiques

older than

one hundred

years

5%

Others

70%

Buses

except

diesel

powered

7%

Base metals

clad with

silver, semi-

manufacture

d

1%

Pitch coke

3% Bodies for

tractors,

buses, trucks

etc

5%

Medicament

s nes,

formulated,

in bulk

2%

Other

Vehicles

Including

Gas Turbine

Powered

3%

Postage

franking,

ticket-

issuing

machines,

etc

2%

Antiques

older than

Parts of

electro-

thermic

one hundred apparatus,

years

2%

domestic,

etc

2%

Petroleum

oils, oils

from

bituminous

minerals,

crude

3%

MARKET BRIEF ON CANADA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD©

400

313 310

300 287 293

252

200 181 179

143 151 171

100

0

2012 2013 2014 2015 2016

(73) -100 (112)

(136) (139) (170)

-200

Export Import Trade Balance

US

$ m

illi

on

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(US $ million)

2012 2013 2014 2015 2016

Exports to Canada 143 151 171 181 179

Imports to SL 313 287 310 293 252

Trade balance -170 -136 -139 -112 -73

Source: Trade map

Sri Lankan products with export potential to Canada

Mens, boys trousers & shorts, material nes,

not knit

Womens, girls bathrobe, dressing gowns,

nes, knit

Mens, boys trousers & shorts, of material

nes, knit

Womens, girls anoraks etc of material nes,

not knit

Mens, boys bathrobes, dressing gown etc

fibre nes knit

Womens, girls garments nes, material nes,

not knit

Womens, girls trousers, shorts, material

nes, not knit

T-shirts, singlets etc, of material nes, knit

Petroleum oils, oils from bituminous

minerals, crude

Pullovers, cardigans etc of material nes knit

Mens, boys shirts, of material nes, not knit

Conveyor, transmission belts and belting,

rubber nes

Rubber hygienic, pharmacy items except

contraceptives

Womens, girls blouses & shirts, of material

nes, knit

Pearls cultured worked, not mounted or set

Tea, whether or not flavored

Hosiery nes, of materials nes, knit

Arrowroot, salep, etc fresh or dried and

sago pith

Babies garments, accessories of material

nes, knit

Mate

Clothing and accessories except gloves, of

rubber

Womens, girls overcoats, etc, material nes,

knit

Pneumatic tyres new of rubber nes

Graphite based products nes

Coconut "copra", palm kernel or babassu

oil and fractions thereof, whether or not

refined, ...

Other nuts, fresh or dried, whether or not

shelled or peeled (excluding coconuts,

Brazil nuts ...

Fruits, nuts and other edible parts of plants,

prepared or preserved, whether or not

containing ...

Womens, girls trousers & shorts, material

nes, knit

Flight simulators, parts thereof

Footwear, nes

Frozen fish (excluding fish fillets and other

fish meat of heading 0304)

Preparations of a kind used in animal

feeding

Knit or crochet fabric of other materials,

nes

Construction equipment, not self-propelled

nes

Parts of electrical machines and apparatus

nes

Bathroom wares nes, of plastics

Balloons, dirigibles, non-powered aircraft

nes

Parts for electric motors and generators

Electrical control and distribution boards, >

1kV

Spacecraft, satellites and spacecraft launch

vehicles

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Sri Lanka’s Imports from

Canada (2016)

Sri Lanka’s Exports to Canada

(2016)

Trade Fairs/Solo Exhibitions and Trade Missions

Event Latest Date Category

Creative Stitches & Crafting

Alive

24-25 Mar 2017 Gifts & Handicrafts Textile,

Fabrics & Yarns

The Outdoor Adventure &

Travel Show - Calgary

25-26 Mar 2017 Apparel & Clothing

Ottawa Vintage Clothing Show 26 Mar 2017 Apparel & Clothing

Fish Fresh

or Chilled

4%

Coconut Oil

4%

Gaskets, Industrial & Washers, Surgical Seals etc. of Gloves of

Hard Rubber Rubber 3%

3%

Coco Peat

& Fiber Pith

3%

Desiccated

Coconut

2%

Tea Packets

2%

Pneumatic

& Retreated

Rubber Frozen Fish

Tyres & 2%

Tubes

9% Others

15%

Apparel

53%

Other

Products of

Plastics nes

2%

Other

Vegetables

nes

1%

Inorganic

Chemicals

1%

Tools,

Implements

, Cutlery &

Parts

1%

Motor

Vehicles &

Parts

1%

Other

Export

Crops nes

0%

Other

Electrical &

Other Paper Electronic

Others

5%

Products Products

nes nes

1% 1%

Lentils

39%

Rice &

Cereals

48%

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Vancouver Gem & Mineral Show

24-26 Mar 2017 Gems & Jewelry

Apex 26-27 Mar 2017 Food & Beverage industry

Moncton Boat Show 31 Mar-02 Apr 2017 Boat industry

SIAL Canada 02 – 04 May 2017 Food and Beverage

PLAST-EX 16 – 18 May 2017 Plastics, Rubber

Source: http://10times.com

Useful Addresses Preferential Trade Agreements

MARKET BRIEF ON CANADA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD©

High Commission of Canada in Colombo, Sri

Lanka

33A, 5th Lane, Colpetty, Colombo 03, Sri Lanka

Telephone: 011 522 62 32

Email: -

Fax: 011 522 62 96

Website:

www.canadainternational.gc.ca/sri_lanka/

Sri Lanka High Commission

Office Address : 333 Laurier Avenue West, Suite

1204, Ottawa, Ontario K1P 1C1

(From Sri Lanka): +32

Telephone: 613 233 8449

Fax : 613 238 8448

Email : [email protected]

Website: www.torontoslcg.org

Source:https://www.embassypages.com/

Trans-Pacific Partnership (TPP)

Canada-Chile Free Trade Agreement

Canada-European Free Trade Association

(EFTA) Free Trade Agreement

Canada-Hong Kong Foreign

Investment Promotion and Protection

Agreement

The North American Free Trade Agreement

(NAFTA)

Comprehensive Economic and Trade

Agreement (CETA)

Source: Wikipedia