Apart from slowing global demand,
export growth is seen crimped by a strong dollar, which so far this year has strengthened by about 4 percent against the currencies of the country's main trading partners.
Not exact matches
(While the most recent
export data from StatsCan showed 6.3 %
growth in June 2015, the
export situation
is more complex, as we'll
see.)
This research identifies relatively untapped fast -
growth opportunities in Asia that
are also Canadian
export strengths (
see table below.)
Outside the energy sector, we
are beginning to
see the anticipated sequence of increased foreign demand, stronger
exports, improved business confidence and investment, and employment
growth.
The decision proved to
be a turning point for Cain Express, which, in the years since, has
seen a sharp increase in revenue
growth, especially
exports.
You
see,
growth in China's economy has
been juiced for years by
exports thanks all of that manufacturing.
«We
see a Chinese economy gradually shifting from construction to consumption, and so, we will transition,» said Mackenzie adding that «We imagine we will continue to creep our
exports of steelmaking materials like metallurgical coal and iron ore, but we
're much more likely to make major investments in what we feel
are the next phase of China's
growth in energy and in food.»
Natural Gas Natural gas futures
were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production
growth outweighed seasonal consumption and higher
exports of the fuel.1 Spot prices
saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and
growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas
exports and a supply deficit that
was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet
were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018
is projected to
be a record
growth year for gas supplies) and may have overlooked intensifying demand as US
exports increasingly helped drain supplies.
What we
see is that non-commodity
exports over the past couple of years have
been responding largely as expected to
growth in foreign activity and the Canadian dollar.
2014.12.12 Canada's economy to benefit from broader
export demand in 2015: RBC Economics Canada's economy
is expected to
see higher
export growth in 2015, despite the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...
Canada's economy
is expected to
see higher
export growth in 2015, despite the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...
Growth is seen being led by gains in ores and metals, aerospace, and forestry, according to
Export Development Canada
As you can
see from the chart below, CLSA had already assumed net
exports of goods and services out of China to
be negative this year because of slower
growth from Europe and the U.S.
The stronger euro has so far barely dented
export growth, and domestic demand conditions
were generally
seen to have improved.
Breaking the GDP report down, we
see that in addition to overall modest strength in the economy (
growth was still off from the fourth quarter's 2.9 %), the upturn
was helped individually by positive contributions from nonresidential fixed investment,
exports, private inventory investment, federal government spending, and state and local government spending.
With global demand slackening and faster economic
growth necessary to service an increased debt load, one can
see why China's leaders
are urgently trying to transition to an alternate
growth model not wholly reliant on
exports and internal infrastructure.
Over the past few years, manufactured
export volumes have performed more strongly than other categories, though
growth has
been well short of the rapid pace
seen in the 1990s.
However, volumes
are estimated to
be moderately higher in the September quarter than a year earlier and the pick - up in world
growth should
see a recovery in manufactured
exports.
The US» wine
exports to China
saw an impressive
growth of 44.09 % to US$ 75.6 million when its volume stayed relatively the same compared with last year, meaning there
's an increase of its average price for its bottled wines.
In 2015 Austrian wine
export reached nearly 49m L with a value of around $ 143m, and the trade body will
be targeting
growth in key Asian and American market as well as the US through the event, having
seen strong
growth in markets outside Europe, rising 7 % in 2015, versus a 2 %
growth in Europe.
North Carolina continues to
see growth in the
export market and now we
are preparing to begin shipping our
export crop as Egypt
is wrapping up.
Their emphasis to date on
export growth (to the developed markets)
is bound to cause some more bumps in the road along the way, but you'll now
see an increasing focus on domestic / consumer - led
growth and intra-emerging markets commerce as a counteracting force.
It
's an international ETF we just
see as a hold right now because sluggish
exports and low resource prices continue to slow Brazil
's economic
growth.
The economy
is muddling with flattish
growth as far as the average consumer
sees, even if some
export sectors
are doing well.
David Madani, an economist with Capital Economics in Toronto, doubts the
growth Canada has
seen in
exports recently will
be enough to offset the decline in consumer spending.
The unavailability of significant capacity limits
exports from the western United States, the country's largest coal producing region, although the Seattle customs district has
seen rapid
growth over the past several years
exporting steam coal via rail to Canada, where it
is then shipped to Asia.
Growth is seen being led by gains in ores and metals, aerospace, and forestry, according to
Export Development Canada