{"id":7137,"date":"2023-05-23T17:21:38","date_gmt":"2023-05-23T17:21:38","guid":{"rendered":"https:\/\/axxessintl.com\/?p=7137"},"modified":"2023-05-23T18:40:43","modified_gmt":"2023-05-23T18:40:43","slug":"trade-by-exporter-and-importer-characteristics-goods-2022","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/trade-by-exporter-and-importer-characteristics-goods-2022\/","title":{"rendered":"Trade by exporter and importer characteristics: Goods, 2022"},"content":{"rendered":"

Both the value of exports and imports of goods rose substantially in\u00a02022. However, the rise in the value of trade was not reflected in the number of traders. The number of exporting enterprises (+0.7%) edged up to reach\u00a048,036\u00a0in\u00a02022, while the number of importing enterprises remained stable at\u00a0160,238.<\/p>\n

Most of the growth in merchandise trade value in\u00a02022\u00a0was attributed to medium- and large-sized enterprises, defined as those with\u00a0100\u00a0or more employees. The number of these exporting and importing enterprises went up by\u00a05.9% and\u00a07.2%, respectively.<\/p>\n

Small enterprises, which comprised the lion’s share (94.6%) of all traders in\u00a02022, did not experience a similar rise in the number of traders year over year. The number of small-sized exporters was relatively unchanged, while the number of small-sized importers went down slightly, concentrated among those with one to nine employees (-4<\/span>.0%).<\/p>\n

\n

Chart 1\u00a0<\/strong>
\nYear-over-year percentage change in the number of traders and value of trade, by exporters and importers, by enterprise size,\u00a02021\u00a0to\u00a02022<\/h2>\n<\/div>\n
\"Chart<\/a><\/div>\n
\n

Number of Canadian exporters to the United States reaches\u00a020-year high<\/h2>\n

Overall, the number of exporters to the United States rose by\u00a0686\u00a0to reach\u00a040,787\u00a0in\u00a02022, the highest level since\u00a02003.<\/p>\n

In contrast, the number of exporters to Asia and Europe both declined for a third consecutive year in\u00a02022, with the decrease concentrated among small exporters. The number of exporters to the Russian Federation (-5<\/span>58) and Ukraine (-1<\/span>43) declined, against the backdrop of the conflict between the two countries. Meanwhile, the number of exporters to China (-2<\/span>98) and Hong Kong (-1<\/span>60) also went down, as public health measures impacted their local economics.<\/p>\n

\n

Chart 2\u00a0<\/strong>
\nNumber of Canadian exporting enterprises, by trading relationship with the United States,\u00a02000\u00a0to\u00a02022<\/h2>\n<\/div>\n
\"Chart<\/a><\/div>\n
<\/div>\n
Among importers, the trend was reversed. The number of enterprises importing goods from the United States (-8<\/span>0) edged down in\u00a02022, while those importing goods from Asia (+1,198) showed an increase, led by Vietnam and India. The number of enterprises importing from Europe (+161) edged up, although the increase was moderated by a large decline in the number of enterprises importing from the Russian Federation (-4<\/span>87).<\/div>\n<\/div>\n
\n
\n

Chart 3\u00a0<\/strong>
\nYear-over-year change in the number of exporting and importing enterprises, by selected regions,\u00a02021\u00a0to\u00a02022<\/h2>\n<\/div>\n
\"Chart<\/a><\/div>\n<\/div>\n
\n

Related party trade makes up more than two-fifths of Canada’s international merchandise trade value<\/h2>\n

Related party trade, also known as intra-firm trade, is a common global goods production and distribution arrangement between a parent corporation and its affiliate in another country.<\/p>\n

One-quarter of Canadian exporting enterprises traded with a related party in\u00a02022, while less than\u00a01\u00a0in\u00a010\u00a0importing enterprises did so. By value, related party transactions had an outsized impact on Canada’s international merchandise trade, totalling $611.4\u00a0billion in\u00a02022\u00a0and representing significant shares of the value of both exports (45.1%) and imports (41.4%).<\/p>\n

Related party trade varied between regions. In\u00a02022, a smaller share of exporters to the United States traded with a related party (21.7%) than did exporters to non-US<\/a>\u00a0destinations (31.3%). However, by value, more than half of all goods exports to the United States were sold to a related party, as opposed to less than a quarter of non-US<\/a>\u00a0exports.<\/p>\n

Among non-US<\/a>\u00a0countries, the related party share of export value varied depending on the country of destination and industry involved. More than two-thirds of the value of exports to the United Kingdom was between related parties, primarily tied to primary metal manufacturing. Conversely, the related party share of exports to major trading partners in Asia, such as India (14.2%), China (10.8%) and Japan (5.8%), tended to be much lower.<\/p>\n

\n

Chart 4\u00a0<\/strong>
\nShare of goods export value, by related party, selected principal trading partners,\u00a02022<\/h2>\n<\/div>\n
\"Chart<\/a><\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Both the value of exports and imports of goods rose substantially in\u00a02022. However, the rise in the value of trade was not reflected in the number of traders. The number of exporting enterprises (+0.7%) edged up to reach\u00a048,036\u00a0in\u00a02022, while the number of importing enterprises remained stable at\u00a0160,238.<\/p>\n","protected":false},"author":15,"featured_media":4172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[147,658],"types-de-nouvelles":[],"class_list":["post-7137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-statistics-canada","tag-statistique-canada-en"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/7137","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\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=7137"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/7137\/revisions"}],"predecessor-version":[{"id":7138,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/7137\/revisions\/7138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/4172"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=7137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=7137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=7137"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=7137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}