Sectors in focus offers expert insights into key markets and sectors, as well as the assumptions behind our forecasts.

In this 37-page report, EDC Economics gives an overview of the risks and opportunities ahead for Canadian trade to help our exporters navigate the current environment.

We take a close look at nearshoring trends in North America, includ­ing what the data show and what it could mean for trade. We also offer a snapshot of the trends in Canadian foreign direct invest­ment (CDIA) and foreign affiliate sales (FAS) and insights into what’s driving the petrochemical sector. You’ll discover what seven years of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) has meant for Canadian trade, as well as what the impacts that the Red Sea crisis is having on shipping and global trade.

This report details Canadian agriculture exports in the Indo-Pacific—with a spotlight on Japan and Vietnam—as Export Development Canada will be opening new offices there in 2024. We provide additional context on how we handle interest rate assumptions in our trade and Global Economic Outlook (GEO) forecasts.

Finally, we provide an assessment of the global trade environment, as well as insights on Canadian trade over the next two years in our Global Export Forecast.

We hope you enjoy the latest issue of our insightful Sectors in focus report.

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Date modified: 2024-06-26