A high share of exports and imports in total output suggest an outward looking, culturally aware community, open to the world. Taken together, imports and exports as a share of GDP are an accepted measure of the openness of the economy. Exports demonstrate the ability to compete globally and imports indicate specialization. Merchandise exports do not include service exports.
In 2014, Manitoba exported $13.4 billion worth of merchandise. From 2009 to 2014, Manitoba exports grew 26.4 per cent, the second-lowest rate when compared nationally. Canada’s exports were up by 47 per cent. Manitoba’s import activity at $20.4 billion increased by 56.5 per cent over the five-year period. Canada’s imports collectively increased by only 39.8 per cent, 16.7 per cent lower than that of Manitoba.
Merchandise Imports and Domestic Exports Per Cent Change by Province from 2009 to 2014
Source: Statistics Canada