Market Update for Canada – 3rd June 2020 (NZ Ministry of Foreign Affairs and Trade)


Considering the impact that COVID-19 has had on economies around the world – including in Canada – New Zealand goods exports to Canada did not perform too badly through March/April 2020 (the peak of the COVID-19 pandemic in New Zealand and Canada).

In April 2020, overall goods exports decreased by 5.75 percent compared to April 2019. But this impact was lessened given higher exports over previous months – in the year to April 2020 good exports to Canada were up by 7.35 percent compared to the year to April 2019.

Unsurprisingly there has been a significant impact on tourism and transportation service exports to Canada (which together made up 34.21 percent of New Zealand’s total exports to Canada in 2019). This will have an enduring impact on New Zealand’s total exports to Canada through 2020
and beyond.