Global trade flows are shifting, with North-South and South-South trade projected to increase significantly by 2030 while North-North trade falls behind. Diversifying exports into new foreign markets can improve competitiveness, extend the life of product sales, and reduce vulnerability by opening new supply and sales opportunities. When evaluating new markets, companies should consider risks like political instability, intellectual property compliance, financial crime, non-payment, and more. The Export Development Canada organization provides resources to help Canadian companies break into new markets and find new international customers.