The largest share of Canadian trade with Asian countries passes through the ports of Vancouver, Prince Rupert, and Halifax.
Here are the reasons why:
- Geographic location: Vancouver is located on the west coast of Canada, making it a natural gateway for trade between Canada and Asia. It is closer to major Asian ports such as Shanghai, Hong Kong, and Tokyo, compared to other Canadian ports on the east coast.
- Established trade infrastructure: Vancouver has a well-established trade infrastructure, including deep-sea ports, rail lines, and highways. This makes it easier for businesses to import and export goods to and from Asia.
- Diverse economy: Vancouver is home to a diverse economy with a strong presence in industries such as technology, finance, tourism, and natural resources. This diversity makes it an attractive destination for businesses from Asian countries looking to invest in Canada.