Canada Ap­parel Im­ports

Jan­uary to Septem­ber 2018

Apparel Online - - Trade Statistics -

Canada gets into NAFTA 2.0 as NAFTA comes to an end in Septem­ber

Af­ter more than one year of ne­go­ti­a­tions, Canada fi­nally reached a new free trade agree­ment with Mex­ico and the United States. The US-Mex­ico-Canada Agree­ment (USMCA) will re­place the North Amer­i­can Free Trade Agree­ment (NAFTA) which came into force on 1 Jan­uary 1994, cre­at­ing what was at that time the world’s largest free trade re­gion. This new trade deal will cer­tainly af­fect the ap­parel sec­tor in Canada and the re­sults will be seen in up­com­ing months.

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