This analysis of HS IV examines its two contributing sectors or subsectors: food products and beverages. Certain items are not included in our analysis and were deemed out of scope. While an important sector, fish and seafood processing was removed from our analysis. Canola meal used in animal feed and citrus juices, a non-Canadian sourced ingredient, are also not included. As well, the HS classification normally includes tobacco (chapter 24) but CAPI has excluded it from its analysis. Within the beverages sectors or subsectors, ethanol was deemed out of scope as it is a primary processed product.
After these adjustments, the analysis focuses on food products representing
$2.32 billion in activity (and 41% of the total trade deficit in HS IV) and beverages represents $3.34 billion in trade activity (or 59% of the total). Some
$0.8 billion of combined activity was deemed out of scope. The total for food and beverages in this analysis: a trade deficit of $5.66 billion.
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