The Trump administration announced a new round of trade restrictions: Imports from Turkey and India will no longer be given preferential duty free entry on thousands of goods under the US GSP rules.
Although shipments from Turkey and India will no longer benefit from preferential duty free entry to the USA, incredible e-commerce opportunities remain .
For many Quebec companies, the largest exports market - by far - is the United States. Quebec companies in general are largely focused on exports with exports to the US representing around 20% of Quebec’s GDP.
Quebec companies rely on low cost parcel shipping solutions from Quebec to the US.
The European e-commerce market is thriving - especially with cross-border online shopping. Non-EU companies formerly with a UK centric approach are urgently seeking border free EU delivery with Brexit.
Thailand is among Canada’s leading ASEAN trading partners with trade with Thailand totalling over $4 billion per year. Canada and Thailand’s cultural ties are strong with tourism., Thousands of Canadians live in Thailand. And many Thai students study at Canadian Universities. Low cost shipping to Thailand from Canada - and vice versa- develops trade.
Shopify and direct to consumer selling is a symbol of strength with increased opportunity via CTPP preferential duty free import for Canada origin goods. ASEAN and Asia Pacific countries are continuing their robust economic of over 5% per year with more shoppers visiting Canadian websites.
As a member of The European Union, The Croatian economy is gaining strength with average annual growth of GDP expected to remain around 2.5% to 3.0%. The Canadian - European Free Trade Pact (CETA) will strengthen the connection between Croatia and Canada. Canadian businesses depend on low cost shipping options to expand to Croatia.
E-commerce companies are facing new challenges and opportunities in the Euro-domestic delivery. They are exploring new logistics partnerships for low cost seamless delivery of online to European Union countries. Amidst the shifting dynamics of cross-border trade, companies are looking to establish direct access to the EU market. France, The Netherlands, and Germany are contenders for warehousing and logistics . Euro-domestic delivery from Canada enables the scaling of sales with minimal CAPEX.
The strong economic connection between France and Canada has strengthened with the implementation of the Canadian European Free Trade Agreement (CETA). Businesses rely on low cost solutions for shipping from France to Canada.
]For many American companies, their biggest international opportunity is just north of the border: Canada. Trade between Canada and The United States remains one of the strongest in the world with Canadians increasingly ordering direct online from American merchants.
