Canadian Bilateral Trade Forecast
The trade forecast is a complimentary service that is provided to GCC members and can also be purchased separately through e-library. Contact us to learn about membership.
The Bilateral Trade Forecast, developed by Signal49 Research, is a five-year forecast for Canadian exports and imports for a selection of trading partners and products. It is available both in nominal and real (price-adjusted) terms, for which the base year is 2012. The interactive tool allows users to create customized charts and download data.
Forecast Content
The complete data set presented in the interactive charts can be accessed in the Trade Forecast database on our e-data portal. The forecast covers the following list of trading partners and products:
| Trading Partners | Goods | Services |
|---|---|---|
| World | Total Goods | Total Services |
| China | Aircraft, aircraft engines, and aircraft parts | Commercial services |
| European Union | Basic and industrial chemical, plastic, and rubber | Transport and government services |
| India | Crude metals and minerals | Travel |
| Japan | Electronic and electrical equipment | |
| Latin America (excl. Mexico) | Energy products | |
| Mexico | Farm, fishing, and intermediate food products | |
| Rest of the World | Food, beverage, and tobacco | |
| South Korea | Industrial machinery and equipment | |
| United Kingdom | Motor vehicles and parts | |
| United States | Other goods | |
| Asia (excl. Middle East, China, India, and South Korea) | Other transportation equipment | |
| Primary metals | ||
| Pulp and paper | ||
| Wood |
Methodology
The Bilateral Trade Forecast is based on the trade forecast in our Canadian Outlook. We first generate forecasts for total imports and exports between Canada and each of the selected trading partners, which we then combine with our Canadian Outlook trade forecast by commodity. This allows us to obtain trade forecasts that reflect the relative growth anticipated for each trading partner and product for the period of forecast.