CPTPP partner: Peru

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 Peru matters

Canada-Peru trade snapshot

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

Pie chart of Canada's top exports to Peru (2015-17 average)
Text version

Canada's Top Exports to Peru (2015-2017 average, $CAD)

  • Total value of exports to Peru: $772,000,000
  • Agricultural products (including wheat, pulses): $456,000,000
  • Industrial machinery: $82,000,000
  • Chemicals and plastics: $37,000,000
  • Autos: $36,000,000
  • Forest products and value-added wood products: $21,000,000

Key facts and figures

Canada-Peru trade

Canada-Peru tourism

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

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

How the CPTPP helps Canada-Peru trade and investment

Sectoral opportunities in Peru

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