AreaJapan
Commodity GroupOilseeds, oils and meals
CommodityRapeseed oil, rapeseed meal
Date01/12/2018
Policy CategoryTrade
Policy InstrumentBilateral trade initiatives
DescriptionExplored new opportunities for the importation of Canadian rapeseed oil and meal into Japan, based on the recent entry into force of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement.
NotesBased on the recent entry into force of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement, Canadian industry officials envisage new export opportunities for Canadian rapeseed oil and meal in Japan. Considering that, under CPTPP, Japans import tariffs on the named products will be eliminated over the next five years, the Canola Council of Canada intends to promote the replacement of rapeseed sales to Japan with exports of value-added oil and meal and expects new rapeseed crush facilities to be set up in Canada. Under the envisaged scenario, Canada would increasingly compete with Australia, which has enjoyed a free trade agreement with Japan since January 2015.
