Today, we're the fifth-largest exporter of agri-food products in the world, and we are well positioned to continue to supply high-quality and safe products to the world's markets.
Our members are very pleased with the CPTPP ratification. We're starting to see some positive uptake and results, in particular in the beef and pork sectors. There are some really positive stories on the canola side as well. Hopefully, that is a sign of what's to come. Our members really want to see more of these expansions in Asia, which is where our members see future growth coming from.
We also did mark the entry into force of the CETA; however, 18 months later, our exports to the EU have dropped by close to 10%. I want to be careful, because there are many reasons that explain that number, including prices and demand coming from other markets. Essentially, the problem right now with the CETA is that although there are huge opportunities, there are also outstanding issues with respect to meat products and biotech approvals in this part of the world.