Home > Home > Country Info > United States

United States

EDC Position-open all programs

EDC's Position

  • Key EDC Market
  • Actively pursuing business
  • Open under all programs, subject to regular approval criteria

Submit an online inquiry form

Country At A Glance

Flag of United States
Map of United States

Country Facts

Nominal GDP16,799.70 Billion USD
Population316.35 Million
Total Trade/GDP29.86%
CurrencyUS Dollar (USD)
Merchandise Imports from Canada358,189.89 Million CAD
Canadian direct investment318,346 Million CAD
Main importsConsumer and Capital Goods, Industrial Supplies, Auto & Light Motor-Vehicles

EDC in United States

Canadian companies assisted3,545
International buyers insured42,604
Business volume40,356.49 Million CAD

Business Environment

The United States is the world’s largest economy, accounting for 20 per cent of global GDP and is ranked the 4th best country in the world in terms of ease of doing business (World Bank). The economic recovery is gaining traction and the American private sector is in great shape with corporate profitability at an all-time high and record amount of cash. Consumers are also spending more now that the housing market is gaining strength and confidence is rising. Canada and the United States have the largest trading relationship in the world, with 70% of Canadian merchandise exports going to the United States.

Key Industries

  • Aerospace
  • Machinery - Packaging, Industrial & Analytical Instruments
  • Medical Technology & Devices
  • Oil and Gas
  • Plastics and Chemicals
  • Telecom

How we can support your business

Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in the United States. Our market experts have developed strategic relationships with major buyers in several sectors as well as a network of local contacts in the market.

  • We are well positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

Leverage EDC’s relationships with foreign companies

Related Information

Knowledge Centre






Investing Abroad

Looking to expand your operations abroad?

We can help finance and protect your investment.

Find out how