Portugal is a wealthy OECD country with a strong commercial relationship with Canada. Portugal’s economy continues to progress in its transition from traditional, resource-based industries to knowledge-intensive, high value-added industries. Canada has focused largely on exporting to the agri-food and seafood industries in Portugal, but also sees trade and investment potential across a range of sectors, including ICT and cleantech. Canadian exports to Portugal will continue to get a boost after the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) comes into effect.