CPTPP partner: Japan

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 Japan matters

Canada-Japan trade snapshot

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

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

  • Total value of exports to Japan: $10,600,000,000
  • Agricultural products (including canola seed, pork cuts and wheat): $3,900,000,000
  • Metals and minerals: $3,300,000,000
  • Forest products and value-added wood products: $1,500,000,000
  • Medical devices and pharmaceuticals: $454,000,000
  • Fish and seafood products: $307,000,000

Key facts and figures

Canada-Japan trade

Canada-Japan tourism

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

Canada’s top service imports from Japan (2016)

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

Canada’s top service exports to Japan (2016)

How the CPTPP helps Canada-Japan trade and investment

Sectoral opportunities in Japan

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