Export Your Product. Grow Your Business
International trade is essential to a thriving economy. Trade – especially exports – enables Canada’s economy to grow despite the constraints of a small population and low domestic demand growth.
However, Canadian export activity is slowing down. Global exports increased at an average annual rate of 9.1% between 2000 and 2012. Over that same period, Canadian export growth only averaged 4.2% annually.
Exporting opens new markets, boosts top-line growth and improves performance and enterprise value. It has enabled struggling companies to turn their businesses around – and helped others build on domestic success to become global players
The Canadian economy depends on exports particularly in the agriculture sectors, duo to Canada’s vast natural resources and relatively small population. Renowned globally for producing safe, high-quality agriculture products, Canada’s love population density and strong trade partnerships with emerging Asian markets provide key competitive advantages.
Exports of consumer food products are growing three times faster than sales here in the Canada. They have soared in recent years in response to consumers’ growing purchasing power and lower trade barriers.95% of the world’s population and two-thirds of total world purchasing power are located outside of the Canada. Imagine the potential, as the world becomes more integrated, and develops similar likes for products.
In 2014, after a decade of phenomenal growth, domestic retail sales of consumer health products were valued at $5.6 billion, while exports were estimated at $1.5 billion. Between 2004 and 2014, exports of these products nearly doubled – an increase of almost three-and-a-half times the growth in overall exports. The relative performance of the sector is even more impressive compared to Canada’s total non-energy exports, which have managed almost no growth over the last decade.
