Canadian Packaging Machinery Market Research Report - PMMI

1.3 INTERNATIONAL ECONOMIC COMPARISION
A comparison of GDP, and in particular GDP per capita, indicates that Canada has
one of the most highly developed market economies within the OECD group of
nations.
Table 1.2: International GDP Comparisons: 2001
Country GDP
(U.S.$ Billions)
GDP/Capita
(U.S.$
Thousands)
Canada $694.5 $22.3
Australia 368.8 18.9
France 1,309.8 21.5
Germany 1,853.4 22.5
Italy 1,091.8 18.8
Japan 4,141.4 32.6
Mexico 617.2 6.2
United Kingdom 1,426.5 24.3
United States $10,019.7 $35.2
Source: OECD
1.4 INTERNATIONAL TRADE
Canada is a major trading nation, and a key strength in its economy is its substantial
trade surplus. Its leading merchandise exports and imports are presented in the
following table.
Table 1.3: Canadian Merchandise Trade 2002: Exports and Imports
Category Exports Imports
(C$ Millions) (C$ Millions)
Agriculture and fishing products $30,541.6 $21,777.5
Energy products 50,419.3 16,456.4
Forestry products 36,650.3 3,134.0
Industrial goods and materials 69,434.7 68,827.8
Machinery and equipment 94,718.0 105,785.4
Automotive parts 97,081.1 81,446.2
Other consumer goods 17,341.0 46,416.2
Special transactions trade 7,909.8 5,873.9
Other 6,590.8 6,392.1
Total Merchandise Trade
Source: Statistics Canada
$410,686.5 $356,109.3
The destinations of Canada’s exports as well as the sources of Canada’s imports are
outlined below.
SMG/Columbia Consulting Group Page 6