Top 5 Imports from USA
In previous post, we have shown the top 10 importers to Canada. And United States, by far, was the largest importer with 206 Billion Dollars in 2007. As expected, latter one was China with 36 Billion Dollars. But I wonder what does the Canada import from USA?
In the graph above, I have taken the first 4 commodity class, and it comprises the half of its total import, 104 Billion Dollars.
Oddly enough, while Canada Exports 60 B Dollars of Vehicles other than railway or tramway, it also imports 64 B Dollars of Vehicles, according to United Nations Classification Code (HS2007 Code 87), so Canada definitely needed that bail-out in order to compete with foreign industries. We will investigate the autmotive industry of Canada subsequent posts.
The second category, nuclear reactors and mechanical appliances does not actually include nuclear reactors at all. It consists of spark ignition reciprocating piston engines of a kind used for the propulsion of vehicles of a cylinder capacity >1000cc. That might be a part of an excavator or an aircraft. That category also consists of automatic data processing machines, turbo-jets and turbo-propellers which might be used for Bombardier planes. Furthermore, the category includes taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves, that might be used for oil industry.
We will continue to dig deeper.
Source: United Nations Commodity Trade Database