EDC and EXIM Thailand Forge Pact to Boost Canada-Thailand Trade Ties
Event summary
- Export Development Canada (EDC) and EXIM Thailand signed a Memorandum of Understanding (MOU) on July 2, 2026, to strengthen bilateral trade and investment ties.
- The agreement focuses on sectors including agri-food, clean technologies, digital industries, advanced manufacturing, and critical minerals.
- Bilateral merchandise trade between Canada and Thailand reached approximately CAD$7.4 billion in 2025, with Canadian exports growing at a CAGR of over 7% from 2020 to 2025.
The big picture
This partnership supports Canada's efforts to diversify its trade and deepen economic engagement in the Asia-Pacific region, a key area for Canadian exporters and investors. The agreement reflects a shared commitment by EDC and EXIM Thailand to strengthen cooperation and promote sustainable economic growth in markets of mutual interest across the region.
What we're watching
- Trade Diversification
- How EDC's partnership with EXIM Thailand will affect Canada's trade diversification efforts in the Asia-Pacific region.
- Sector Growth
- Whether the focus on clean technologies and digital industries can drive sustainable growth in both countries.
- Free Trade Agreement
- The pace at which negotiations toward a Canada-Thailand free trade agreement will progress this year.