The Honourable Marie-Claude Bibeau has issued a statement on Agricultural Exports in 2020. She indicated that Canada is on track to surpass last year’s record of $67 billion in agriculture and agri-food exports, and that significant progress is being made towards the Government’s goal of $75 billion by 2025. Canada has continued to grow trade and be a reliable trading partner, while pivoting whenever necessary. Key results were noted, including:
- From January to October 2020, Canadian agri-food and seafood exports increased by 10%, reaching $61.0 billioncompared to $55.5 billion for the same period in 2019.
- Top destinations for agri-food and seafood exports continue to be the US, with nearly 52.7% of exports; Chinaat 12.5%; Japan at 6.9%; and the European Union (EU)1 at 5.4%. It is notable that the EU has shown a 42.7% value increase from the same period in 2019.
- Canada’sagri-food and seafood imports reached $44.5 billion in the first 10 months of 2020, an increase of 2.2% compared to the same period last year.
