The Minister of Agriculture and Agri-Food Marie-Claude Bibeau and the Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng, announced that the Government of Canada has gained market access to South Korea for British Columbia's high-quality fresh cherries.
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Canada has been working collaboratively with South Korea to gain access for fresh cherries since 2015. Increased exports into South Korea has been part of British Columbia's long-term strategy to grow international markets for cherries, while securing the best price.
British Columbia's cherry industry produces 95% of Canada's sweet cherries and has an opportunity to grow even more thanks in part to the premium new cherry varieties bred at Agriculture and Agri-Food Canada's Research Centre in Summerland, British Columbia.
With the recent expansion in acreage and production volume along with global demand, sweet cherries have now become Canada's second largest exported fruit crop behind blueberries.
As the region in North America with the latest-growing cherries, British Columbia exporters have a competitive advantage when the cherries are ready to go to market in August and September.
Bilateral trade with Korea continues to grow – the Canada-Korea Free Trade Agreement, implemented in 2015, has significantly facilitated the growth of bilateral trade through its tariff reductions and the predictable and transparent business environment it creates for respective industries.
South Korea remains a priority trading partner for Canadian agri-food products. This new access provides more opportunities for Canadian growers to diversify their exports in the Indo-Pacific region.
Under the Canada-Korea Free Trade Agreement, in force since 2015, tariffs on Canadian cherries have dropped from 24% to 4.8%, with full elimination by 2024.
In agricultural trade, South Korea was the sixth-largest export destination for Canadian agri-food and seafood products in 2021.
In 2021, South Korea imported over $208 million of fresh cherries from around the world. ■