Located in Eastern Europe, Ukraine is geographically the largest country in Europe. Ukraine has a population of 45 million people and in 2014 had a Gross Domestic Product of $177 billion.
In 2014 Ukraine was Canada’s 74th agri-food export market with imports averaging $15.5 million. Top Canadian agri-food and agricultural exports to the region were: meat, animal products, animal fodder and oilseeds. Canadian suppliers currently incur tariffs of 8 to 14 percent on agri-food and agricultural products.
The Canada-Ukraine Free Trade Agreement (CUFTA) entered into force on August 1, 2017, eliminating tariffs on most bilateral merchandise trade. Free-trade agreements such as the agreement with Ukraine helped Canadians involved in our globally competitive agri-food export sector that exports half of our beef production, 65 percent of our malt barley, two-thirds of our pork, almost 75 percent of our wheat, and 90 percent of our canola.
On January 27, 2022, Canada and Ukraine announced the launch of negotiations for the modernization of CUFTA.
Last updated: December 2022