Reinhold Lopatka· PPE

Nuanced

Since the provisional application of CETA, EU-Canada goods trade has increased by around 65%

Omissions

• The 65% figure appears to be an overestimate based on available data sources; the EUCCAN trade report indicates 56% growth in bilateral merchandise trade as of 2022
• CETA entered into force provisionally on 21 September 2017; calculations vary depending on baseline year used (2016 vs 2017)
• The claim combines growth percentage with absolute value (€80 billion), but the 65% growth figure does not align precisely with official trade statistics from Eurostat or EU sources
• EU sources cite 26% growth for EU exports to Canada specifically, while the 56% figure refers to total bilateral trade growth

Sources

• PrimaryEuropean Commission - Factsheet: EU-Canada trade agreement (CETA)CETA has helped increase EU goods exports to Canada by 26%
• PrimaryGovernment of Canada - CETA@5: Delivering trade benefitsCanadian exports to the EU reached $32.5 billion in 2021, an increase of 46.4% from 2016
• PrimaryEuropean Parliament - Ex post evaluation of the EU-Canada CETA AgreementEU's imports from Canada and exports to Canada saw annual average growth rates from 2018 to 2022 of 10.8% and 7.7% respectively
• SecondaryEUCCAN - Trade between Canada and the EU under CETA 2022Total bilateral merchandise trade increased by 56% since CETA implementation