Brando Benifei· S&D

Nuanced

Trade between the EU and Canada increased by 65% in less than ten years

Omissions

• The 63-65% figure refers specifically to trade in goods, not total trade (goods + services). Total bilateral trade including services grew by over 70% according to some industry sources.
• The specific period is 2017-2024 (7 years since CETA provisional application), not a full ten-year period.
• The Consilium source was published in 2025, after the session date, though it contains data from 2017-2024 which the MEP could have known from earlier publications.
• The figure of 63% is from an official EU source (Consilium), while the 65% claimed may represent rounding or a different methodological calculation.

Sources

• PrimaryCouncil of the European Union - EU-Canada trade: facts and figuresBetween 2017 and 2024, bilateral trade in goods grew by more than 63%
• SecondaryPolicy Magazine - Canada and the EU: The Imperatives of CETA RatificationSince the signing of CETA in 2016, bilateral merchandise trade has increased significantly (citing growth since CETA implementation)
• SecondaryCustoms Support Group - EU-Canada Trade & CETAEU goods exports to Canada have increased by ~50% since 2017, and overall bilateral trade in goods and services has grown by more than 70%