| Mexico Exports to Canada | Value | Year |
|---|---|---|
| Residues, wastes of food industry, animal fodder | $23.61M | 2021 |
| Aircraft, spacecraft | $22.56M | 2021 |
| Coffee, tea, mate and spices | $22.29M | 2021 |
| Vegetable, fruit, nut food preparations | $18.85M | 2021 |
How much does Canada import from Mexico?
| Canada Imports from Mexico | Value | Year |
|---|---|---|
| Aircraft, spacecraft | $397.27M | 2021 |
| Plastics | $373.45M | 2021 |
| Articles of iron or steel | $366.70M | 2021 |
| Pearls, precious stones, metals, coins | $306.01M | 2021 |
How much does Mexico trade with Canada?
Canadian trade and investment with Mexico is steadily growing, with over $41.7 billion in two-way merchandise trade in 2021. Mexico is Canada’s third largest single-country merchandise trading partner (after U.S. and China). Canada was Mexico’s sixth-largest merchandise trading partner in 2021.
What does Canada imports from Mexico?
Bilateral Trade by Products
In 2020, Mexico exported $16.1B to Canada. The main products exported from Mexico to Canada were Cars ($2.59B), Motor vehicles; parts and accessories (8701 to 8705) ($1.17B), and Delivery Trucks ($1.09B).
Which country does Mexico export to the most?
The United States is Mexico’s most important trading partner, and U.S.-based companies account for more than half of Mexico’s foreign investment. The United States is also the source of between two-fifths and one-half of Mexican imports and the destination for some four-fifths of the country’s exports.
What is Canada’s main export to Mexico?
Agri-food makes up 24% of Canada’s exports to Mexico. Canada’s experience in infrastructure and public-private partnership projects is key in generating business opportunities in transport, electricity, water and hydrocarbons.
Who is Canada’s biggest importer?
United States
List of the largest trading partners of Canada
| Rank | Territory | Imports |
|---|---|---|
| – | World | 601,303.7 |
| 1 | United States | 304,845.3 |
| – | European Union | 77,197.9 |
| 2 | China | 74,992.7 |
Who is Mexico’s #1 trading partner?
United States
Mexico top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 330,434 | 79.24 |
| Unspecified | 12,264 | 2.94 |
| Canada | 11,139 | 2.67 |
| China | 7,788 | 1.87 |
Which country trades the most with Canada?
The United States
The United States is Canada’s chief trading partner, constituting more than two-thirds of all Canadian trade; exports account for a larger share of trade than imports.
Why is Mexican trade now important to Canada?
Mexico has been identified as a priority market for Export Development Canada, which has operated a regional office in Mexico since 2000, providing extensive financial services related to Canadian exports and investments in the country.
What is Mexico’s #1 import?
Electrical machinery
Currently, electrical machine importation makes up 40% of the country’s total imports annually.
What food does Mexico export to Canada?
Although Canada is Mexico’s number one trading partner for commodities such as canola products, maple sugar and syrup, oat and lobster products, active yeast, and mustard and canary seed. Canada also has opportunity to compete with top suppliers within the beef, wheat, pulses, and bakery product sectors.
What are the top 3 imports for Canada?
Canada Imports – Top Categories
- Cars—$28 billion (USD)
- Car parts and accessories—$20 billion (USD)
- Trucks—$15 billion (USD)
- Crude oil—$14 billion (USD)
- Processed petroleum oil—$14 billion (USD)
- Phones—$11 billion (USD)
- Computers—$9 billion (USD)
- Medications—$8 billion (USD)
What is Mexico’s biggest industry?
The most well-known and developed industries in Mexico are the automotive, electronics, and oil industries.
Who owns the oil in Mexico?
Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; Spanish pronunciation: [ˈpemeks]) is the Mexican state-owned petroleum company managed and operated by the Mexican government.
Why is Mexico important to the world?
Mexico is among the world’s largest producers of oil, silver, copper, gold, lead, zinc, natural gas and wood. Other minerals, such as mercury, cadmium, antimony, manganese, iron and coal are also found. Mexico borders the Pacific Ocean, the Caribbean Sea, and the Gulf of Mexico.
What is Canada’s No 1 export?
List of exports of Canada
| # | Trade item | Value |
|---|---|---|
| 1 | Crude petroleum | 75,259 |
| 2 | Cars | 47,632 |
| 3 | Refined petroleum | 18,715 |
| 4 | Aircraft, helicopters and spacecraft | 7,322 |
How many Canadians go to Mexico?
More than 1.9 million Canadians travel to Mexico every year, according to the Global Affairs website, and the “vast majority” do not have any safety problems.
Who are Canada’s top 5 export partners?
Canada top 5 Export and Import partners
| Exporter | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 197,728 | 48.84 |
| China | 57,055 | 14.09 |
| Mexico | 22,333 | 5.52 |
| Germany | 12,882 | 3.18 |
Who is the number 1 importer in the world?
UNITED STATES
World’s 10 Largest Importers
| NO. | COUNTRY | DATE OF INFORMATION |
|---|---|---|
| 1 | UNITED STATES | 2020 |
| 2 | CHINA | 2020 |
| 3 | GERMANY | 2020 |
| 4 | FRANCE | 2019 |
What is Canada’s main source of income?
Its largest industries are real estate, mining, and manufacturing, and it is home to some of the largest mining companies in the world. A large portion of its GDP comes from international trade, with its largest trading partners being the U.S., China, and the U.K.