How the continued trade tensions between China-U.S. could create a stronger demand for Canadian commodities.
CPTPP will provide new and exciting opportunities for Canadian beef and pork exports in both high value and fast-growing markets.
Malaysia has lots to offer its CPTPP partners, including a fast-growing stable economy, an ever-increasingly wealthy population and established trade flows.
Canada recently signed the CPTPP, along with 10 other agri-food trading nations. It will enhance our agri-food trade in three ways.
Imports of the top commodities grew over the decade
Canada’s role as a world exporter is much smaller than our role as a major importer of beverages and that’s not an indication of our weakness in the market. It signals our growing population with higher incomes, who have specific preferences for luxury goods.
Canada’s export revealed comparative advantage shows growth opportunities.
Canadian exports of agricultural commodities and food products have opportunities for growth.
FCC Ag Economics Canadian Agriculture's Productivity and Trade says Canadian agriculture will need productivity gains to remain a global leader.
Canada was ranked as the world's fifth largest agriculture trader in 2015. That standing will help as the global economic and trade landscapes change.