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I heard (not verified) that every province of Canada trades more with USA than with any other province which I think is quite remarkable.
by nafey 3y ago
I heard (not verified) that every province of Canada trades more with USA than with any other province which I think is quite remarkable.
- HWR_14 3y agoIt's not really that remarkable. 98.6% of Canadas population lives in provinces that border the US. And provinces don't have much population. Outside Ontario, no province has more people than NYC. I would imagine more trade would happen with a land-bordering country with 90x the population than with a neighboring province. Or, to put it another way, I would not be shocked if every US state trades more with China than it does with any other state.
- TMWNN 3y ago> Or, to put it another way, I would not be shocked if every US state trades more with China than it does with any other state. No. No US state has trade with Canada at more than 15% of state GDP <https://www.reddit.com/r/canada/comments/6vism4/canadaus_trade_importsexports_as_a_percentage_of/ https://www.reddit.com/r/canada/comments/6vism4/canadaus_tra...>, and Canada is a bigger trade partner for the US than China.
- HWR_14 3y ago"No US state has trade with Canada as more than 15%" doesn't disprove that "every US state trades more with China than it does with any other state". GDP and interstate or international trade are pretty different concepts. And while Canada is a bigger trade partner in total than China, I'm willing to bet that China is more evenly distributed between the states as a trade partner.
- TMWNN 3y ago>I heard (not verified) that every province of Canada trades more with USA than with any other province which I think is quite remarkable. As of 2017, international trade was 65% of Canadian GDP, compared to 40% of GDP for interprovincial trade. <https://www.imf.org/-/media/Files/Publications/WP/2019/WPIEA2019158.ashx https://www.imf.org/-/media/Files/Publications/WP/2019/WPIEA...> Another way to think about this: <https://np.reddit.com/r/canada/comments/6vism4/canadaus_trade_importsexports_as_a_percentage_of/ https://np.reddit.com/r/canada/comments/6vism4/canadaus_trad...>