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British Columbia and European Union

The Canada-EU Comprehensive Economic and Trade Agreement (CETA) acts as a consistent support for business transactions between British Columbia and the European Union. The European Union (EU) is a critical economic hub with a population of approximately 448 million people across 27 member states. Three of these member states are involved in the G7, alongside Canada, further strengthening their global relationships.

Trade & Investment Highlights

In 2022, the European Union was B.C.’s 5th largest destination for exports.
With twenty EU members and seven non-EU members adopting the Euro as their official currency, trade and competition is facilitated between businesses in the region while concurrently providing price stability.
The Canada-EU Comprehensive Economic and Trade Agreement was established in 2017 and facilitates trade between Canada and the European Union.

Europe at a Glance

Monetary figures are in USD

Opportunity for Foreign Investors and B.C. Exporters

Aerospace

The European Union is a world leader in the production of civil aircraft. European aviation associations’ commitment to ‘Destination 2050 – A Route to NetZero European Aviation’ will ensure that all flights within and departing the EU, UK and EFTA will realize net zero CO2 emissions by 2050. Opportunities exist for B.C. companies operating in manufacturing, clean air fuel and products and services to support NetZero aviation. Additionally, there are opportunities for B.C. to attract investment from the E.U. in the original equipment manufacturing sector to stimulate the province’s aerospace sector.

Agrifood & Agritech

Trends in Europe are heavily oriented towards a plant-based diet, with the market for meat alternatives expected to continue to rise in coming years. This presents various opportunities for B.C. agritech companies. More specifically, there is opportunity in application technology for regenerative agriculture, vertical farming, food security and precision agriculture.

Cleantech

Europe aims to become the first climate-neutral continent by 2050, known as the European Green Deal with local, regional, and national levels of government taking action to support decarbonization. Trade and investment opportunities for B.C. exist in low carbon hydrogen and fuel cells, batteries, circular economy, and water and wastewater.

Digital & Interactive Media

B.C. offers experience and expertise in digital and interactive media which is well known and respected in Europe. Major video game markets in the EU are France, Germany, Spain, Poland, Sweden and Romania; with VRAR markets in France, Netherlands, Germany, and Poland. Trade and investment attraction opportunities exist in gaming, animation/VFX, and VR/AR for B.C.

Forestry

Europe is the largest global market for biomass. Along with biomass, there are also opportunities for wood fibre products ranging from engineered timber, through wood-based chemicals to biofuels.

Hydrogen

The European sector maintains a focus on green hydrogen and demand is anticipated to be led by the steel and cement industries. Due to its technical capacity and political positioning, Germany is a key market for hydrogen processes. Trade and investment opportunities exist for B.C. to trade into Europe and to attract investment into local hydrogen infrastructure.

Industrial Marine

There is opportunity for B.C. to expand its market reach in the E.U. for component and service providers. The integration of B.C. technologies into wider marine solutions by European partners also creates opportunities to encourage the further establishment of operations in British Columbia.

Life Sciences

In the E.U., Germany is the largest medical devices and pharmaceuticals market. This is a prominent market for Canadian exporters and a leading source for FDI and R&D partnerships. Germany’s growing digital economy offers excellent conditions for healthcare solutions. Additionally, France is the E.U.’s second largest medical device market. Manufacturers producing in-demand and innovative products will find their items well-received in these markets.

Europe Top Industries (2018-2023)

Industries for Outward Investment

Investment Opportunities in Canada: Renewable Energy

Investment Opportunities in Canada: Coal, Oil & Gas

Investment Opportunities in Canada: Transportation & Warehousing

_{Source: FDI Markets}

Import Industries
(by value)

Investment Opportunities in Canada: Machinery

Investment Opportunities in Canada - Electrical Machinery Equipment

Investment Opportunities in Canada: Mineral Fuels & Oils

_{Source: International Trade Centre}

Fastest Growing Import Opportunities

Investment Opportunities in Canada: Miscellaneous Chemical Products

Investment Opportunities in Canada: Copper

Investment Opportunities in Canada: Iron & Steel

_{Source: International Trade Centre}

BC Export Industries to Market

Investment Opportunities in Canada: Aluminum

Investment Opportunities in Canada: Wood Products

_{Source: BC Stats, data sourced from Statistics Canada}

Trade & Investment Resources

For B.C. Businesses

For International Businesses

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How We Help

Assist in commercial location identification and site selection.
Provide information on transportation infrastructure and logistics gateways.
Offer introductions to sector associations, industries and provide cluster insight.
Facilitate understanding and solutions for talent, skilled workforce and labour mobility
Facilitate engagement with professional advisors on legal, compliance and tax matters
Help navigating and offering referrals within government agencies on First Nations, business and regulatory processes.

Identify high potential investment opportunities and offer industry insight.
Introductions to sector associations and local industry contacts.
Introductions to companies seeking investments to expand.
Provide knowledge on local innovation hubs and connections to entrepreneurial opportunities.
Introductions to local venture capital networks.

Assist in navigating government export programs and financial supports.
Advice and coaching in international expansion and exporter development.
Support Team BC missions and trade events.
Match buyers and sellers in local and foreign markets.
Provide insight on trade agreements and barriers.
Introductions to trade representatives in foreign markets.
Market entry assistance in international markets.

Trade & Investment Office

Europe

Amsterdam

Europe’s multi-faceted economy continues to present many opportunities for trade and partnership in key sectors. These include resources, biomass and green technologies, information and communication technologies, life sciences, and education.

Rely on our Amsterdam representatives to help you network and capitalize on shared business opportunities.

Contact our Trade and Investment Representatives. Our team welcomes your inquiries

Rupert Potter
Managing Director

Maxime Guinchard
Trade and Investment Specialist, The Netherlands

London

British Columbia’s Trade and Investment Representative office in London is the centre for our programs throughout Europe.

Rely on our London office to help you network and capitalize on shared business opportunities.

London Office:
10 York Road
London, SE1 7ND
United Kingdom

Contact our Trade and Investment Representatives. Our team welcomes your inquiries

Rupert Potter
Managing Director

Melissa Arsenault
Operations Manager

Graham Hilton
Trade and Investment Specialist

Rhoda Campbell
Trade and Investment Specialist

Laetitia Macdougall
Trade and Investment Specialist

Trade & Investment Representative - Ximena Portugal

Ximena Portugal
Administrative Officer

Stuttgart

Rely on our Stuttgart representatives to help you network and capitalize on shared business opportunities.

Contact our Trade and Investment Representatives. Our team welcomes your inquiries

Rupert Potter
Managing Director

Lukas Josten
Trade and Investment Specialist, Germany

Connect With Our International Network

Our Trade and Investment Representatives can help you establish the right connections, participate in events and tradeshows, explore programs and initiatives, and more. Connect with an expert near you.

Connect

British Columbia and European Union

Trade & Investment Highlights

Europe at a Glance

Opportunity for Foreign Investors and B.C. Exporters

Europe Top Industries (2018-2023)

Industries for Outward Investment

Import Industries (by value)

Fastest Growing Import Opportunities

BC Export Industries to Market

Trade & Investment Resources

For B.C. Businesses

For International Businesses

Latest News And Stories

On Board with OSI Maritime Systems

B.C. Born – Quark® Improves Baby Products

Swiss IT Company Establishes Canadian HQ in B.C.

How We Help

Trade & Investment Office

Amsterdam

London

Stuttgart

Connect With Our International Network

Import Industries
(by value)