The year-on-year percentage variations for the forecasted years are:
2025: 0.49%,
2026: 0.47%,
2027: 0.46%,
2028: 0.45%.
The Compound Annual Growth Rate (CAGR) over the next five years (2024-2028) is projected to be approximately 0.46%.
Future Trends to Watch: As demand for electrical equipment continues to grow in China, driven by technological advancements and infrastructural developments, Canada’s exports are expected to benefit. Monitoring technological innovations and shifts in global trade policies will be crucial in anticipating future export performance.
