Canada in 2022 were worth $ 725 million in the industry 1086- Chocolate & Food products containing Cocoa. Canada is a highly open and integrated market, thanks to The United States–Mexico–Canada Agreement (USMCA), which entered into force on July 1, 2020. In addition to their geographical proximity and shared cultures, the United States and Canada share many comparable business practices and standards. Both countries have a strong commitment to free market principles, intellectual property rights protection, and a competitive business environment. Moreover, proficiency in English helps facilitate communication and business operations better.
Canada has a widespread consumer goods market. The country is divided into distinct regional markets including, Quebec, Ontario, the West, Atlantic Canada, and Northern Canada. It is key to understand regional dynamics and tailor distribution strategies accordingly. Consumer goods are frequently purchased directly by Canadian wholesalers, department stores, mail-order houses, chain stores, purchasing cooperatives, and single-line merchants.
To establish a presence, US companies may set up representative or
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Canadian buyers are price sensitive and expect reasonable payment terms, competitive pricing, and superior quality. The quality of goods and services must correspond to the price charged for them. Other important factors such as on-time delivery, and after-sales services play a significant role in customer satisfaction. US SMEs looking to expand into this market should focus on developing a strong web presence, placing advertisements, and having independent purchase agents. Canadians spend more than 60% of their disposable income on goods and services from the United States. However, it is important to note that Canadian regulations such as product safety, labeling requirements, and industry-specific requirements differ slightly from the