canada and wto

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Canada and WTO Zhakiyeva Shynar M1 50 600-05, WTO.

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Канада и ВТО

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Page 1: Canada and WTO

Canada and WTOZhakiyeva Shynar

M1 50 600-05, WTO.

Page 2: Canada and WTO

About Canada

• 10 provinces and• 3 territoriesPopulation – 35 158 thousands (2013)

Page 3: Canada and WTO

About Economy

• Canada is the world's eleventh-largest economy as of 2015, with a nominal GDP of approximately US$1.79 trillion• Since the early 20th century, the growth of Canada's manufacturing,

mining, and service sectors has transformed the nation from a largely rural economy to an urbanized, industrial one. Like many other developed nations, the Canadian economy is dominated by the service industry, which employs about three-quarters of the country's workforce.• However, Canada is unusual among developed countries in the

importance of its primary sector, in which the logging and petroleum industries are two of the most prominent components

Page 4: Canada and WTO

Canada and WTO (GATT)• The General Agreement on Tariffs and Trade (GATT) was established in 1948.

During World War II it became evident to the allies that after hostilities ceased it would be desirable to have a multilateral institutional framework within which world trade could be conducted and progressively liberalized, consultation on trade problems among member nations could take place and be resolved, and data on world trade characteristics and trends could be collected and disseminated. Accordingly, after several preparatory sessions, Canada and 22 other nations signed the General Agreement on Tariffs and Trade on 20 October 1947. The agreement came into effect on 1 January 1948.• Canada is a member of World Trade Organization since 1 January 1995.• Contribution to WTO budget (%, 2014) - 2,687

Page 5: Canada and WTO

Export

Share in world total exports 2,44Breakdown in economy's total exports

By main commodity group (ITS)Agricultural products 14,3

Fuels and mining products 33,1Manufactures 45,2

By main destination

1. United States 75,82. European Union (28) 7,0

3. China 4,4

4. Japan 2,3

5. Mexico 1,2

Page 6: Canada and WTO

Import

Share in world total imports 2,51

Breakdown in economy's total imports

By main commodity group (ITS)Agricultural products 8,4

Fuels and mining products 13,6Manufactures 73,8

By main origin

1. United States 52,12. European Union (28) 11,2

3. China 11,1

4. Mexico 5,6

5. Japan 2,9

Page 7: Canada and WTO

Imported goodsProduct groups AVG

Animal products 28.1Dairy products 246.9

Fruit, vegetables, plants 3.8Coffee, tea 9.8

Cereals & preparations 19.7Oilseeds, fats & oils 5.5

Sugars and confectionery 5.9Beverages & tobacco 6.9

Cotton 0.8Other agricultural products 3.1

Fish & fish products 1.0Minerals & metals 2.7

Petroleum 6.8Chemicals 4.5

Wood, paper, etc. 1.5Textiles 10.6Clothing 17.2

Leather, footwear, etc. 7.2Non-electrical machinery 3.5

Electrical machinery 4.4Transport equipment 5.6Manufactures, n.e.s. 4.4

Page 8: Canada and WTO

Source:

• Trade policy Profile (2013)• Tariff Profile (2013)• https://www.wto.org/english/thewto_e/countries_e/canada_e.htm