Flat Screen Exports to China Soar
Canadian Supplies for Flat Panel Monitors and Electric Batteries
Aug 25, 2009
From January to June 2009, Canadian shipments to China of equipment used to make flat-panel display monitors spiked to US$167.2 million from nil in the same period in 2008.
Total Canadian exports to the People’s Republic fell 13.7% to US$4.79 billion compared with $5.5 billion in the same period a year earlier.
Among the top 25 leading exports from Canada to China, 13 products showed percentage gains ranging from 20.6% for copper to 8,000% for refined copper cathodes.
Fastest Growing Canadian Exports to China in First Half of 2009
The introduction of Canadian equipment that Chinese now use to mass assemble flat panel TV displays tops the list of high-growth exports from Canada to China. Components used to produce electronic batteries including refined copper cathodes and zinc also showed significant gains.
In addition to the value of Canadian exports to China from January to June 2009 and the 6-digit tariff classification code within brackets, the following list presents the percentage change for each product compared with sales for the same 6-month period in 2008.
- Equipment to Make Flat Panel Displays (tariff item code 848630) … US$167.2 million (nil in 2008)
- Refined Copper Cathodes (740311) … $61.6 million (up 8,000%)
- Unamassed Iron Ores (260111) … $149.2 million (up 2,108%)
- Machines and Mechanical Appliances (847989) … $70.8 million (up 632.6%)
- Bituminous Coal (270112) … $256.3 million (up 592.3%)
- Zinc (260800) … $59.2 million (up 447%)
What these statistics show is that despite the global economic turmoil, Canadian exporters are focusing on competitive strengths by growing shipments of materials most in demand by the vast Chinese economy.
Businesses in China appear to be ramping up production of flat screen monitors for computers and television as well as electric batteries for mobility devices used by customers around the world.
Top 25 Canadian Exports to China in First Half of 2009
Shown below is each exported product’s 6-digit international tariff classification code used to assign custom duties.
- Vegetable Oil Seeds (tariff item code 120510) … US$553.3 million (up 95.3% from 2008)
- Chemical Wood Pulp from Evergreen Trees (470321) … $304.6 million (down 18.2%)
- Amassed Iron Ores (260112) … $295.6 million (up 176.5%)
- Bituminous Coal (270112) … $256.3 million (up 592.3%)
- Unalloyed Nickel (750210) … $229 million (down -47.2%)
- Crude Canola Oil and Colza Oil (151411) … $207.8 million (up 34.7%)
- Semi-Chemical Wood Pulp (470500) … $172.1 million (down 31.9%)
- Equipment for Making Flat Panel Displays (848630) … $167.2 million (up from nil)
- Unamassed Iron Ores (260111) … $149.2 million (up 2,108%)
- Ethylene Glycol (290531) … $131.9 million (down 76.7%)
- Evergreen Tree Lumber (440710) … $117.1 million (up 47.1%)
- Copper (260300) … $102.3 million (up 20.6%)
- Potassium Chloride (310420) … $97 million (up 33.4%)
- Primary Polymers of Ethylene (390190) … $75.8 million (down 30.7%)
- Barley (100300) … $75.4 million (up 67.4%)
- Machines and Mechanical Appliances (847989) … $70.8 million (up 632.6%)
- Copper Waste and Scrap (740400) … $70 million (down 51.1%)
- Refined Copper Cathodes (740311) … $61.6 million (up 8,000%)
- Zinc (260800) … $59.2 million (up 447%)
- Dried and Shelled Peas (071310) … $55.5 million (up 41.6%)
- Intermediate Nickel Products (750120) … $54.3 million (down 68.5%)
- Sulfur (250300) … $51.8 million (down 90.3%)
- Raw Mink Fur Skins (430110) … $46 million (down 10.2%)
- Frozen Crabs (030614) … $39.1 million (down 48.8%)
- Chemical Wood Pulp from Non-Evergreen Trees (470329) … $37.4 million (down 35%).
The biggest Canadian export into China is oil seeds including canola. Oil seeds are ingredients for making vegetable oil, animal feeds and biodiesel.
China also uses oil seeds to make “oil cake” fertilizer as well as Bonsai ornaments.
See also China Focuses on Internet TV Sales.
Source: Trade Data Online from Industry Canada, based on Statistics Canada reports as of August 24, 2009.
 |
