In the first half of 2024, Canada imported over 207 million USD worth of rice, up 5% from the same period in 2023. Among the top five rice-exporting countries to Canada, Vietnam achieved impressive growth of nearly 55%, reaching an export value of approximately 6.5 million USD.
KD Trading, a logistic company run by two Vietnamese-Canadians, has become the sole partner to distribute ST25 rice (Mr. Cua's rice) in the Canadian market.
Two Vietnamese firms – Tufoco and Sapo DAKLAK - joined SIAL Canada 2024, the largest food innovation trade show in Canada and North America, which drew tens of thousands of exhibitors from more than 40 countries and over 20,000 visitors from around the world.
A workshop spotlighting Canada as a gateway for Vietnamese businesses to access the North American market took place in Ho Chi Minh City on November 22, aiming to provide the latest information, consumer trends, and export incentive policies for Vietnamese businesses to deepen their participation in the Canadian market.
Vietnamese and Canadian businesses have expressed their interest in establishing large supermarket chains in Canada to further promote bilateral trade and maximise the benefits of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
