speedy g wrote:
And for all you Canadians out there Your economy problems are coming also.
The Canadian economy will experience slower growth in 2009 due to reduction in imports by US. This scenario is most likely to occur since USA is Canada’s largest trading partner. In 2007, 76% of all exports totaling about $440B by Canada went to the USA (Source: Wikipedia). The main exports to the US are agricultural, forestry products and energy. For the month of November,2008 alone trade between US and Canada amounted to $41.77B, the highest among all the countries the US trades with. (Source:
http://www.Census.gov)
As the US residential and commercial real estate market continues to deteriorate the export of timber will grind to a halt.
Exports from Canada to America
With a population of 33.2 billion, Canada exported US$313.1 billion worth of merchandise to the United States in 2007, a 3.5% increase from 2006 and up by 41.3% in 4 years. The following product categories represent 50% of Canadian exports to America
Crude oil …US$38 billion – up 16.2% from 2006 (12.1% of Canada-to-U.S. exports)
New and used passenger cars … $36.8 billion – up 0.6% (11.8%)
Natural gas … $22.4 billion – down 6.7% (7.1%)
Other automotive parts and accessories … $15.3 billion – down 1.9% (4.9%)
Trucks, buses and special purpose vehicles … $11 billion – down 10.3% (3.5%)
Aluminum … $7.5 billion – down 2.1% (2.4%)
Other petroleum products … $7.4 billion – up 13% (2.4%)
Abrasives, belting, boxes and glass … $5.64 billion – down 3% (1.8%)
Plastic materials … $5.63 billion – down 3.3% (1.8%)
Fuel oil … $5.5 billion – up 23.9% (1.77%).
Burdened by slowing automotive industry sales, Canada’s top 10 export product categories experienced an overall gain of 1.7% in sales to the U.S. in 2007. This is less than half the 3.5% gain for the top 10 Canadian exports to the U.S. from 2005 to 2006.
Fastest-Growing Canadian Exports to America
Below are selected Canadian exports to America in 2007 with the highest percentage sales increases from 2006.
Nickel … US$2.1 billion (up 73.5% from 2006)
Food oils and oilseeds … $882.6 million (up 51.1%)
Computers … $689.3 million (up 48.4%)
Drilling and oil field equipment … $1.5 billion (up 44.9%)
Other military equipment … $492.2 million (up 44.8%).
Fastest-Declining Canadian Exports to America
Selected Canadian exports to America in 2007 with the highest percentage sales decreases from 2006 are listed below.
Cotton apparel and household goods … US$243.2 million (down 24.6% from 2006)
*Finished molding, shingles and wallboard … $4.5 billion (down 24.3%)
*Newsprint … $2.3 billion (down 21.5%)
Railway transportation equipment … $433.1 million (down 21.1%)
*Lumber and rough wood … $5.3 billion (down 20.3%).
Canadian Imports from America
Canadian imports from the U.S. rose by 7.7% to $248.4 million in 2007, up by 46.2% since 2003.
Of American exports to Canada in 2007, the following product categories had the highest values and in total represented 37% of all U.S. shipments into Canada.
Other vehicle parts and accessories … US$24.1 billion – up 1.1% from 2006 (9.7% of Canadian imports from America)
New and used passenger cars … $15 billion – up 14.6% (6.1%)
Trucks, buses and special purpose vehicles … $12.5 billion – up 6.2% (5%)
Other industrial machines … $7.3 billion – down 1.6% (3%)
Engines and engine parts … $6.7 billion – down 0.3% (2.7%)
Electric apparatus … $6.1 billion – up 5.1% (2.5%)
Plastic materials … $5.6 billion – down 1.1% (2.3%)
Other industrial supplies … $5 billion – up 1% (2%)
Iron and steel mill products … $4.9 billion – up 12.4% (2%)
Industrial engines … $4.8 billion – up 1.9% (1.9%).
Last year, Canada’s top 10 import product categories from the U.S. grew by 4.2% from 2006. From 2005 to 2006, the top 10 Canadian imports from the U.S. had gained about 6.6%.
Fastest-Growing Canadian Imports from U.S.
Below are selected American exports to Canada in 2007 with the highest percentage sales increases from 2006.
Complete military aircraft … US$187.7 million (up 284,323% from 2006)
Musical instruments … $428 million (up 171%)
Fuel oil … $1.1 billion (up 79.8%)
Business machines and equipment… $1.2 billion (up 73.8%)
Corn … $494.8 million (up 72.8%).
Fastest-Declining Canadian Imports from U.S.
Selected American exports to Canada in 2007 with the highest percentage sales decreases from 2006 are listed below.
Nonfarm tractors and parts … US$194.2 million (down 29.6% in 2006)
Drilling and oilfield equipment … $656 million (down 25.3%)
Semiconductors … $2.4 billion (down 23.5%)
Computer accessories … $4.1 billion (down 22.1%)
Railway transportation equipment … $931.3 million (down 18.9%).
Sources for this Article
This article presents independent calculations and insights based on data drawn from the CIA World Factbook and the U.S. Census Bureau – Foreign Trade Statistics.
The copyright of the article Canadian Trade Surplus with US Falls in Import/Export is owned by Daniel Workman. Permission to republish Canadian Trade Surplus with US Falls in print or online must be granted by the author in writing.
Lac Spruce - Sutton, Quebec
Read more:
http://import-export.suite101.com/artic ... z0VvbjgNGd 
Hey this cut & paste stuff is really easy!!

Soo what are you going to do without first... oil, gas, natural gas, heating oil, lumber, steel, aluminum