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
2
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
3
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
4
(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
MARKET BRIEF ON CANADA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD©
5
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%
MARKET BRIEF ON CANADA 2017 SRI LANKA EXPORT DEVELOPMENT BOARD©
6
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