Opportunities and Benefits of CETA for Canada’s Fish and Seafood Exporters

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Why export to the EU?

How does CETA benefit Canadian fish and seafood exporters?

Under CETA, almost 96% of EU fish and seafood tariff lines have been eliminated, in particular:The remaining EU fish and seafood tariffs will be phased out over
3 Years: (January 1, 2020)
5 year: (January 1, 2020)
7 Years: (January 1, 2024)

CETA rules of origin matter

Other non-CETA related aspects to keep in mind when exporting fish and seafood products to the EU

Top 5 Suppliers of Fish and Seafood to the EU% of Import Market Share
Norway26.3%
China7.0%
Morocco5.0%
Ecuador5.0%
Iceland4.9%
Canada (16th)1.8%

Source: Eurostat (2018)

Under CETA, Canadian fish and seafood exporters can now 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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