CPTPP partner: Chile

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 now has 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 Chile matters

Canada-Chile trade snapshot

Top Canadian Exports to Chile (2015-2017 average, $CAD)

Pie chart of Canada's top exports to Chile (2015-17 average)
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Canada's Top Exports to Chile (2015-2017 average, $CAD)

  • Total value of exports to Chile: $800,000,000
  • Agricultural products (fats and oils, wheat): $229,000,000
  • Industrial machinery: $130,000,000
  • Metals and minerals: $90,000,000
  • Medical goods and pharmaceutical: $61,000,000
  • Miscellaneous industrial products: $49,000,000

Key facts and figures

Canada-Chile trade

Canada-Chile tourism

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

Canada’s top service imports from Chile (2016)

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

Canada’s top service exports to Chile (2016)

How the CPTPP helps Canada-Chile trade and investment

Sectoral opportunities in Chile

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