Number of Canadian exporting enterprises rises in November

OTTAWA, Jan. 27 (Xinhua) -- The number of exporting enterprises in Canada increased 0.4 percent in November 2020 to reach 19,399, the highest level since February 2020, according to Statistics Canada on Wednesday.

The increase was led by manufacturing exporters, a sector generally less affected by official COVID-19 restrictions than the services sector.

Compared with the low in April 2020, the total number of exporters in November recovered by over 3,000 enterprises. Nonetheless, Canada still had nearly 1,000 fewer exporting enterprises than those recorded in February before the COVID-19 pandemic.

Among all exporters, enterprises with fewer than 50 employees (small enterprises) were most affected by economic disruptions caused by the COVID-19 pandemic. The number of small enterprises decreased 774, or 5.3 percent from February, compared with a drop of 196, or 3.4 percent among medium and large enterprises.

However, in each month from May to September, small enterprises recovered faster than medium and large enterprises.

On a geographical basis, much of November's increase in exporters was from more enterprises selling to the United States, up 0.8 percent to 15,991 while the number of enterprises exporting to China was down 3.8 percent, its largest decrease since February 2020.

In the context of several major European trading partners implementing the second round of lockdowns in November, the number of enterprises exporting to Britain, France, Italy and Germany fell between 6.1 percent and 2.1 percent.

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