Business Canadian Trade: SWOT Analysis Term Paper

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Expansion of machinery and equipment exports was up $4.6 billion or 23.9$, industrial goods exports were up $3.6 billion, or 22.9%, forest up $1.0 billion, or 11.9% and consumer goods up $0.2 billion, or 5.9%. Agricultural exports only slightly with automotive exports falling by $0.5 billion, or 1.9%.

SWOT ANALYSIS for CANADIAN INTERNATIONAL TRADE (Table 1.0)

Conclusion:

The trade environment is stable in Canada and should remain so if there are no major disturbances on the world economical, environmental or security front to interrupt the status quo. Since 1999 Canada's trade has grown, decreased slightly and stabilized. In light of the growth being experienced by China and the fact that China is one of Canada's largest trade partners, sharing the spot with Japan, international trade should remain strong in Canada for the foreseeable future.

Bibliography

Monthly Trade Bulletin Canada (2004 Aug) Vol.6 No.6 [Online] available at http://strategis.ic.gc.ca/epic/internet/ineas-aes.nsf/vwapj/mtb200408e.pdf/$FILE/mtb200408e.pdf

Monthly Trade Bulletin Canada (2004 July) Vol.6 No.5 http://strategis.ic.gc.ca/epic/internet/ineas-aes.nsf/vwapj/mtb200408e.pdf/$FILE/mtb200408e.pdf

Trade Update 2004: Fifth Annual Report on Canada's State of Trade [Online] available...

...

86 (2004 July) [Online] available at http://webapps.dfait-maeci.gc.ca/minpub/Publication.asp?publication_id=381395 & Language=E)
Canadian Trade Review: "A Quarterly Review of Canada's Trade Performance" First Quarter 2004 [Online] available at http://www.dfait-maeci.gc.ca/eet/trade/TQ12004-en.asp

Minister Mitchell Canadian Trade Review (2004): "A Quarterly Review of Canada's Trade Performance"

Canadian Trade: SWOT Analysis

WEAKNESSES

Recent Beef Recall in Western Canada

Falling demand in automotive trade

Instability in energy resource trade

STRENGTHS

Recent relaxing of money stance by Canadian Bank & Lowered Interest Rate driving up Consumer Demands.

Skilled and educated Labor Force China one of Canada's largest trade partners.

Rising Comparative Advantage in aerospace, high-tech and pharmaceutical trade.

THREATS

Sharing of borders with United States

Instability of Canadian monetary unit

OPPORTUNITIES

China's growing market

Enhancements in Trade and Investment Agreement with EU

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