Utilizations out-of CCoFTA

New preference usage rate (PUR) suggests this new the quantity to which imports which might be eligible for CCoFTA choices in reality allege these types of needs once they enter the FTA companion nations. The rate try computed given that value of imports one to reported preferential treatment split up by the value of imports which might be protected because of the CCoFTA otherwise eligible for CCoFTA choice. Imports would need to afford the typical MFN commitments if they don’t claim or be eligible for CCoFTA choice (such as for example, not fulfilling guidelines of source requirements). From exchange out-of customs study one to listing imports stating CCoFTA preference, PURs is going to be computed to have exchange between Canada and you will Colombia. Footnote 24

For the 2019, in the 68.5% out of Canadian gift suggestions exports in order to Colombia that have been entitled to CCoFTA choices in reality advertised CCoFTA tastes. At exactly the same time, use speed out-of CCoFTA choices of Colombian products exports in order to Canada try 80.2% during the 2019.

In the device height, extremely Canadian groups that exported so you’re able to Colombia utilized the benefits of CCoFTA really. Sectors particularly animal meat, cereals, delicious create and you will animal or veggie fats and you can oils, which can be better Canadian exports to help you Colombia, had full or near to full use of CCoFTA from inside the 2019. Although not, no PURs was in fact along with claimed Island bruder com in a number of groups like cocoa and preparations, rugs and knitted materials (Table 12).

Similarly to have Colombian exports in order to Canada, very circles joined high use of CCoFTA. Continuarea →