Entrepreneurship, Training and Trade
International Trade Strategy for Manitoba
Prepared by The Council on International Trade
Section II Current State of Trade and Exports in Manitoba
2) Key Trade Data 3 (part 1)
Several key statistics are useful in formulating Manitoba's international trade strategy for the future. Table 1 shows the top 10 export countries for all Manitoba products in 2006 and 2010.
Although no doubt affected by the world recession of 2008/09, Manitoba’s domestic exports to the world grew by only one per cent between 2006 and 2010, from $10.2 billion to $10.3 billion. However, this was higher than the decrease of 9.1 per cent in domestic exports for Canada for the same period and Manitoba ranked third of 10 provinces in export growth over this time.4 It is likely that Manitoba’s diverse economy was a major reason for its relative success.
The U.S. has historically been Manitoba’s largest trading partner. While this is still the case, exports to the U.S. have been declining and were down $1.1 billion from $7.7 billion to $6.6 billion (-13.9 per cent) from 2006 to 2010.
In 2006, Manitoba domestic exports to the United States accounted for 75.2 per cent of total exports; in 2010 it accounted for 64.1 per cent.5 Despite this decline, Table 2 indicates that the U.S. remains Manitoba’s dominant trading partner. On the import side, 80 per cent of Manitoba’s imports come from the U.S., followed by China at five per cent.6
3 The data presented in this report is only for imported and exported goods
4 Industry Canada Trade Data Online
5 Industry Canada Trade Data Online
6 Industry Canada Trade Data Online
