The general public has been awakened to a fact that parcel logistics professionals have known for decades: Cross border e-commerce parcels are delivered for far less than local businesses pay for domestic delivery. The economies of cross border e-commerce has been largely made possible by “subsidized / below cost postal deliveries” but this has changed since new Universal Postal Union rules.
Trade between Canada and South Korea (ROK) will continue to grow as Canadian and Korean firms benefit from the Korean-Canadian Free Trade Agreement (CKFTA). This free trade agreement eliminates virtually all duty on Canadian goods sent to Korea. Canadian companies rely on low options for shipping to South Korea from Canada. The Republic of Korea (ROK) is a promising country for Canadian exporters with an economy focusing more on technology-intensive industries to drive growth.
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.
