{"id":6169,"date":"2022-12-20T15:02:19","date_gmt":"2022-12-20T15:02:19","guid":{"rendered":"https:\/\/axxessintl.com\/?p=6169"},"modified":"2022-12-20T15:02:19","modified_gmt":"2022-12-20T15:02:19","slug":"supply-chain-challenges-are-a-top-concern-for-canadian-exporters","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/supply-chain-challenges-are-a-top-concern-for-canadian-exporters\/","title":{"rendered":"Supply chain challenges are a top concern for Canadian exporters"},"content":{"rendered":"<p>According to the latest Trade Confidence Index (TCI) results from Export Development Canada (EDC), close to one-third (29%) of exporters surveyed cited supply chain challenges as their top concern for growing or maintaining a business outside of Canada.<!--more--><\/p>\n<p>More than half (57%) said it is impacting their production. Other key challenges facing respondents include rising business expenses (28%), global economic conditions (26%) and hiring skilled talent (25%).<\/p>\n<p>Nearly one-third (31%) of survey participants indicated the ongoing Russia-Ukraine conflict is creating challenges, while more than two-thirds (74%) said rising inflation is negatively affecting their business, and more than half (51%) expressed that a global economic slowdown would negatively impact them in the next six months.<\/p>\n<p>Despite these challenges, exporters said they remain optimistic about diversifying into new markets, including reaching the Asian export destinations of Japan and South Korea. The survey saw a slight increase to 38% from 34% in the spring in businesses that started exporting. The U.S. is still the top new market at 26%, followed by Brazil (12%), Australia (11%), Mexico (11%), and the United Kingdom (9%).<\/p>\n<p>Source: EDC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the latest Trade Confidence Index (TCI) results from Export Development Canada (EDC), close to one-third (29%) of exporters surveyed cited supply chain challenges as their top concern for growing or maintaining a business outside of Canada.<\/p>\n","protected":false},"author":5,"featured_media":2151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[604],"types-de-nouvelles":[],"class_list":["post-6169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-export-development-canada"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=6169"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6169\/revisions"}],"predecessor-version":[{"id":6170,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6169\/revisions\/6170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/2151"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=6169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=6169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=6169"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=6169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}