EDC’s Country Risk Quarterly: Your essential tool for navigating global markets
In today’s rapidly evolving global risk landscape, Canadian exporters face numerous changes—from political economy and geopolitics to trade, financial markets, the environment and technology. These shifts bring both costs and opportunities.
Why read the Country Risk Quarterly?
Canadian exporters are making critical investment decisions in an increasingly complex global risk environment. Escalating geopolitical tensions—with the ongoing Russia-Ukraine war and conflict in the Middle East—and the rise in nationalism and restrictive trade policies are top concerns, fuelling a potential global trade war.
Understanding specific country risks is crucial, especially in fast-growing regions, including the Indo-Pacific. The 2024 elections in major markets, including the United States, United Kingdom, Mexico, Indonesia and India, will clarify policy directions this year. Despite pressure to cut public spending, governments will prioritize health care, defence and climate change adaptation.
Global economic trends and opportunities
While global inflation has been high, it’s now trending down. Central banks are cutting interest rates, providing relief for consumers and companies. However, potential changes in U.S. trade policies could add a layer of complexity for exporters.
What does the tool offer?
EDC’s Country Risk Quarterly is an interactive tool with historical data and trends on Canada’s Top 75 trading partners. It includes economic indicators, like gross domestic product (GDP), population, employment rates, Canadian exports, investments and inflation. Insights from our country risk experts help exporters stay on top of market opportunities and make informed decisions.
Highlights of the EDC report:
- Coverage of 75 markets: Insights into key markets, including major economies and smaller markets
- Comprehensive economic metrics: Detailed economic metrics such as nominal GDP, unemployment rates and population data
- Risk ratings and export data: Risk ratings, commercial country ceilings and top commodity exports by province, helping exporters assess and plan for market diversification
Why use the Country Risk Quarterly?
- Stay informed: Keep up with the latest economic and risk information for key markets.
- Plan for diversification: Use the data to identify potential new markets and mitigate risks.
- Support decision-making: Leverage comprehensive economic and risk data to make informed business decisions.
