Opportunities and Benefits of CETA for Canada’s Aerospace Exporters

Why export to the EU?

How will CETA benefit Canadian aerospace product exporters?

At a glance: EU tariff elimination under CETA
 Current EU TariffTariff upon CETA’s provisional application
Suborbital and spacecraft launch vehicles4.2%0%
Parachutes2.7%0%
Aircraft launching gear and parts thereof2.7%0%
Air combat simulators1.7%0%

Note:

Other non-CETA related aspects to keep in mind when exporting aerospace products to the EU

Temporary entry

Government procurement

Regulatory cooperation and conformity assessment

Top 5 Suppliers of Aerospace Products to the EU% of Import Market Share
Source: Eurostat (2016)
United States68.7%
Canada (2nd)5.5%
Japan1.9%
Brazil1.8%
China1.7%

Once CETA is provisionally applied, Canadian exporters of aerospace products will enjoy the advantages created from the agreement over competitors based in countries that do not have a preferential trade agreement in force with the EU.

For more detail on how CETA benefits your company, contact a Trade Commissioner today.

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