Priority Markets

Canada’s Global Markets Action Plan consists of comprehensive actions to advance the interests of Canadian businesses in a specific group of key foreign markets. Priority markets were identified through a multi-stage process that included:

  • economic modelling to identify markets with high-growth potential given Canadian industrial capabilities and competitive advantages;
  • analysis of potential sources of capital, technology and talent;
  • key regional trading blocs and Free Trade Agreement (FTA) partners for Canada;
  • core hubs in global value chains; and
  • guidance from key Canadian industry sectors.

Select Your Region

Specific Opportunities for Canadian Business
Flag of Benin
Benin
Specific Opportunities for Canadian Business
Flag of Burkina Faso
Burkina Faso
Specific Opportunities for Canadian Business
Flag of Cameroon
Cameroon
Specific Opportunities for Canadian Business
Flag of Côte d'Ivoire
Côte d'Ivoire
Specific Opportunities for Canadian Business
Flag of Ghana
Ghana
Specific Opportunities for Canadian Business
Flag of Madagascar
Madagascar
Specific Opportunities for Canadian Business
Flag of Mali
Mali
Specific Opportunities for Canadian Business
Flag of Morocco
Morocco
Specific Opportunities for Canadian Business
Flag of Nigeria
Nigeria
Specific Opportunities for Canadian Business
Flag of Senegal
Senegal
Broad Canadian Interests
Flag of South Africa
South Africa
Specific Opportunities for Canadian Business
Flag of Tanzania
Tanzania
Specific Opportunities for Canadian Business
Flag of Tunisia
Tunisia
Specific Opportunities for Canadian Business
Flag of Zambia
Zambia
Market Highlights and Support Services
Established Market
Flag of Australia
Australia
Specific Opportunities for Canadian Business
Flag of Brunei
Brunei
Specific Opportunities for Canadian Business
Flag of Burma
Burma
Broad Canadian Interests
Flag of China
China
Broad Canadian Interests
Flag of Hong Kong SAR
Hong Kong SAR
Broad Canadian Interests
Flag of India
India
Broad Canadian Interests
Flag of Indonesia
Indonesia
Established Market
Flag of Japan
Japan
Broad Canadian Interests
Flag of Malaysia
Malaysia
Specific Opportunities for Canadian Business
Flag of Mongolia
Mongolia
Established Market
Flag of New Zealand
New Zealand
Broad Canadian Interests
Flag of Philippines
Philippines
Broad Canadian Interests
Flag of Singapore
Singapore
Broad Canadian Interests
Flag of South Korea
South Korea
Broad Canadian Interests
Flag of Thailand
Thailand
Broad Canadian Interests
Flag of Vietnam
Vietnam
Market Highlights and Support Services
Specific Opportunities for Canadian Business
Flag of Kazakhstan
Kazakhstan
Broad Canadian Interests
Flag of Russia
Russian Federation*
Broad Canadian Interests
Flag of Turkey
Turkey
Specific Opportunities for Canadian Business
Flag of Ukraine
Ukraine
Established Market
European Free Trade Association
Established Market
Flag of European Union
European Union

Russia was removed as a priority market under the Global Markets Action Plan due to sanctions applied against it.

Specific Opportunities for Canadian Business
Flag of Bahrain
Bahrain
Broad Canadian Interests
Flag of Israel
Israel
Specific Opportunities for Canadian Business
Flag of Kuwait
Kuwait
Broad Canadian Interests
Flag of Saudi Arabia
Saudi Arabia
Broad Canadian Interests
Flag of the United Arab Emirates
The United Arab Emirates
Broad Canadian Interests
Flag of Mexico
Mexico
Established Market
Flag of the U.S.A.
U.S.A.
Market Highlights and Support Services*
Broad Canadian Interests
Flag of Brazil
Brazil
Broad Canadian Interests
Flag of Chile
Chile
Broad Canadian Interests
Flag of Colombia
Colombia
Specific Opportunities for Canadian Business
Flag of Costa Rica
Costa Rica
Specific Opportunities for Canadian Business
Flag of Panama
Panama
Specific Opportunities for Canadian Business
Flag of Paraguay
Paraguay
Broad Canadian Interests
Flag of Peru
Peru
Specific Opportunities for Canadian Business
Flag of Uruguay
Uruguay

Legend - Emerging & Established Markets

Broad Canadian Interests

Emerging markets with the best potential for broad Canadian commercial interests are defined as those:

  • that demonstrate high potential for economic growth;
  • where Canadian capabilities have the best potential for success;
  • where government support can have the greatest impact;
  • that are priorities for foreign direct investment, technology and/or talent; and/or
  • that are part of regional trading platforms.
Specific Opportunities for Canadian Business

Emerging markets with specific opportunities for Canadian business include those:

  • where Canada has investment links;
  • where Canada could hold a first-mover advantage;
  • where the corporate social responsibilities of Canadian companies gives them an advantage;
  • where Canada sees opportunities to develop
Established Markets

Although emerging markets are increasingly important, Canada needs to continue building on existing relationships with our traditional international partners. Business and industry leaders have been clear: a focus on emerging high-growth markets should not come at the expense of Canadian commercial interests in other strategic markets where Canada already has major trade interests and where Canadian companies still face the challenge of penetrating the lucrative global supply chains of multinational corporations.