International trade in culture goods

03/11/2008 12:00 - 889 Views

Ottawa: Canada's exports of culture goods, such as printed works, declined for a fourth consecutive year in 2007.

Exports in 2007 were just under $2.0 billion, while imports were nearly $4.0 billion. The resulting trade deficit was about $2.0 billion.

The United States continued to be Canada's largest trading partner in culture goods, both in terms of exports and imports. In 2007, it was the destination of 90%of Canada's exports and the source of 75% of imports.

China was the second largest source of imports of culture goods to Canada in 2007, accounting for 8.3% of the total, up from 7.5% in 2006 and 4.5% in 2000.

Writing and printed works accounted for 72% of Canada's imports of culture goods and 36% of exports, the largest shares in each. This category of culture goods includes books, newspapers, periodicals, and other printed materials.

The second and third largest categories of culture goods imported to Canada were visual arts, accounting for 7.7% of the total, and film and video, which represented 7.5%.

The second largest category of culture goods exported from Canada was film and video products, accounting for 28%.

Note: This project is co-funded by the Department of Canadian Heritage and Statistics Canada.

Exports from Canada do not necessarily represent "Canadian content" and imports to Canada do not necessarily represent "Foreign content." This characteristic cannot be measured. The country of origin represents where the good was produced.

Exports and imports are valued in current Canadian dollars. Changes may be driven by changes in both prices and volume.

Source: worldtradereview.com

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