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€53.3 billion
- The value of trade in goods between the EU and Canada was €53.3 billion in 2020. In 2020, the EU had a positive trade balance with Canada of €13.3 billion in trade of goods and €3.7 billion in services.
policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/canada_en
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Sep 21, 2017 · In 2020, the EU had a positive trade balance with Canada of €13.3 billion in trade of goods and €3.7 billion in services. The EU is Canada's third largest trading partner after the United States and China, accounting for 8.2% of its trade in goods with the world in 2020.
Comparing 2016 and 2019, total Canada-EU services trade has increased by 39.0%; specifically, Canadian services exports to EU increased by 36.6% and EU services exports to Canada increased by 40.6%. Annex B includes more details on annual trade performance in services between Canada and the EU.
This report reviews the two partners’ trade performance three years after CETA provisionally came into effect. In particular, it compares trade performance in year 2016 (pre-CETA provisional application) with year 2019 (post-CETA provisional application and pre-COVID 19 pandemic).
The EU-Canada Comprehensive Economic and Trade Agreement (CETA) is a progressive trade agreement between the EU and Canada. It entered into force provisionally in 2017, meaning that most of the agreement now applies. All national (and in some cases regional) parliaments in EU countries need to approve CETA before it can take full effect.
General overview. CETA has helped increase EU goods exports to Canada by 26%. EU exports to Canada support 700,000 European jobs, 70,000 more than before CETA*. 44% more small- and medium-sized enterprises export to Canada now than they did before CETA. CETA has improved security of supply in raw materials, energy and food.
This article is part of an online publication providing recent statistics on international trade in goods, covering information on the EU’s main partners, main goods traded, specific characteristics of trade as well as background information. Recent developments. imports between the EU and Canada to fall in 2020, as sho.
Jul 20, 2023 · provides information on Canada's trade and investment relationship with selected countries and regions; and describes the trade relationship of each of Canada's 10 provinces and three territories with the world.
