Canadian exports of precious stones and metals increased from just under $200 million in 1995 to a staggering $3.3 billion by 2004. Diamonds accounted for half of this total.
Provincially, Nova Scotia's exports to the EU accounted for 11% of their total exports in 2004, the largest share among the provinces.
In terms of dollar value, however, Quebec and Ontario were the biggest sources of exports to the EU. The EU accounted for more than one-half of total international exports for both provinces each year from 1995 to 2004.
Exports from Ontario to the EU increased at an annual rate of 6% during the decade, the fastest growth among the provinces. However, nationally, it was not the largest growth. Exports from the Northwest Territories, on the strength of the burgeoning diamond trade, surged at an annual rate of 26%.
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