CPTPP partner: Brunei

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a trading block that represents 495 million people with a combined gross domestic product of CAD $13.5 trillion – a full 13.5% of global GDP. Through the CPTPP, Canada has gained preferential access to some of the world’s most dynamic and fast-growing markets,which will strengthen Canadian businesses, grow the economy, and create more well-paying jobs for middle class Canadians.

The CPTPP entered into force for the first six countries to ratify the Agreement – Australia, Canada, Japan, Mexico, New Zealand, and Singapore – on December 30, 2018, and for Vietnam on January 14, 2019. For the remaining signatories (Brunei, Chile, Malaysia, and Peru), the CPTPP will enter into force 60 days after that country ratifies the Agreement.

Why Brunei matters

Canada-Brunei trade snapshot

Top Canadian Exports to Brunei (2016-2018 average, $CAD)

Pie chart of Canada's top exports to Brunei (2015-17 average)
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Canada's Top Exports to Brunei (2016-2018 average$CAD)

  • Total value of exports to Brunei: $6,000,000
  • Aerospace: $3,100,000
  • Industrial machinery: $886,000
  • Electronic and electrical machinery and equipment: $816,000
  • Agricultural products (soybeans): $563,000
  • Chemicals and plastics: $173,000

Key facts and figures

Canada-Brunei trade

Canada-Brunei tourism

Canada’s top merchandise imports from Brunei (2015-2017 average)

Canada’s top merchandise exports to Brunei (2015-2017 average)

How the CPTPP helps Canada-Brunei trade and investment

Sectoral opportunities in Brunei

 

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