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Prince Edward Island

Creating economic opportunities for Prince Edward Island

Prince Edward Island stands to benefit significantly from preferential access to the EU market. The EU is already Prince Edward Island’s second-largest export destination and second-largest trading partner. Once in force, CETA will eliminate tariffs on almost all of Prince Edward Island’s exports and provide access to new market opportunities in the EU. Exporters will also benefit from improved conditions for export. For example, CETA includes provisions that ease regulatory barriers, reinforce intellectual property rights and ensure more transparent rules for market access. CETA will provide Prince Edward Island exporters with a competitive advantage over exporters from other countries that do not have a free trade agreement with the EU.

Merchandise exports from Prince Edward Island to the EU (2011-2015) (value in millions of Canadian dollars)
Value in millions of Canadian dollars67.681.082.5150.9150.1
Principal merchandise exports from Prince Edward Island to the EU, by sector (annual average, 2013-2015) (value in millions of Canadian dollars)
Advanced manufacturingFishing and fish productsChemicals and plasticsOther (including agriculture and agri-food, forest products, information and communications technologies, metals and mineral products)
Value in millions of Canadian dollars25.420.214.98.0

Eliminating tariffs on exports

Opening new markets for service suppliers

Improving certainty for investments

Securing access to EU procurement opportunities

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