Our second-largest trading partner, China offers immediate and significant economic opportunities for British Columbia companies, especially in forestry, mining, international education, technology, agrifoods, liquefied natural gas and transportation.
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British Columbia is well positioned to build on its long history of cultural and economic links with Japan. Opportunities to expand exports are particularly good in forestry, mining, natural gas, international education, technology, agrifoods and transportation.
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South Korea is British Columbia’s fourth largest trading partner and partner in the Canada-Korea Free Trade Agreement (CKFTA). An economy heavily dependent on trade, South Korea is a key market of opportunity for B.C. exports of agrifood and seafood, natural resources – forestry, mining and natural gas – and technology, including digital media, information and communications technology, clean technology and renewable energy.
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United States of America
The United States is British Columbia’s largest trading partner. Our close proximity and other factors contribute to continuing good potential for export growth, particularly in Green Technology and clean economy, digital media, and agrifoods.
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With the world’s third-largest economy and a fast-growing market, India offers significant opportunities for British Columbia exporters, particularly in forestry, mining, international education and technology.
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Europe is often the first or second international market for Canadian companies, based on ease of doing business and a common foundation of shared business practices and traditions. This results in strong potential to expand B.C. exports of both traditional resources – wood products and biomass, metallic minerals and agrifood – as well as technology goods and services such as biotech, medical devices, clean technology and information and communications technology solutions.
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The ASEAN (Association of Southeast Asian Nations) economic region comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. ASEAN forms Asia’s third largest economy after China and Japan, and is the fourth largest import market in the world, offering exporters from British Columbia significant opportunities in a variety of sectors.
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Opportunities in Trade Agreements