CPTPP partner: Singapore

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 Singapore matters

Canada-Singapore trade snapshot

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

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

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

  • Total value of exports to Singapore: $1,400,000,000
  • Aerospace: $421,000,000
  • Industrial machinery: $198,000,000
  • Electrical and electronic machinery and equipment: $165,000,000
  • Metals and minerals: $155,000,000
  • Agricultural products (fats and oils, soybeans): $109,000,000

Key facts and figures

Canada-Singapore trade

Canada’s top merchandise imports from Singapore (2015-17 average)

Canada’s imports of services from Singapore (2016)

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

Canada’s exports of services to Singapore (2016)

How the CPTPP helps Canada-Singapore trade and investment

Sectoral opportunities in Singapore

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