Women in international trade
 
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Women entrepreneurs are one of the fastest growing segments of the Canadian economy and represent a growing economic force. In fact:

  • 47% of all small and medium-sized enterprises (SMEs) in Canada have at least one female owner.
  • 6.9% of women entrepreneurs in Canada are exporters.
  • Active Canadian women exporters generate close to 40% of their sales in foreign markets.
  • Women-owned firms do business with Canada's most important trading partners. The U.S. is the dominant market where 74% of exporters are making sales. Sixty percent of exporters report activity in Asia and 58% sell in Europe.
  • Active women exporters have an average 15 years of industry experience. Over 70% have a college or university degree. Close to 30% speak more than one language.
  • Thirty percent of women exporters began to export at business start-up and 55% made their first foreign sale within two years of launching the business.
  • Sixty-two percent of women service exporters export more than one service and 48% export training services.
  • On average, women export services to 7 markets, with the U.S. representing the first export market for 83% of women.
  • Eighty-three percent of women service exporters contract regularly with partners.
  • Fifty-five percent of women service exporters have annual revenues of less than $0.5 million.

Sources: Beyond Borders - Canadian Businesswomen in International Trade report, Services to Global Markets: A Profile of Women Who Export Services report and Key Small Business Statistics, Industry Canada, January 2005.


Check out our What's New section for news of interest to women exporters and about our dynamic members.

Be sure as well to check out OWIT-Toronto's Getting Connected newsletter to learn more about our organization.

Media inquiries are welcome.
Please contact: Amanda de Vogel, President, at amandad@owit-toronto.ca



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