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).
How much does Canada export to Mexico?
| Canada Exports to Mexico | Value | Year |
|---|---|---|
| Meat and edible meat offal | $466.83M | 2021 |
| Aluminum | $398.40M | 2021 |
| Mineral fuels, oils, distillation products | $397.34M | 2021 |
| Electrical, electronic equipment | $319.35M | 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 | $306.01M | 2021 |
What country trades the most with Mexico?
The United States
The United States is Mexico’s most important trading partner, and U.S.-based companies account for more than half of Mexico’s foreign investment. The United States is also the source of between two-fifths and one-half of Mexican imports and the destination for some four-fifths of the country’s exports.
What goods does Canada trade with Mexico?
Agri-food makes up 24% of Canada’s exports to Mexico. Canada’s experience in infrastructure and public-private partnership projects is key in generating business opportunities in transport, electricity, water and hydrocarbons.
What is Canada’s No 1 export?
List of exports of Canada
| # | Trade item | Value |
|---|---|---|
| 1 | Crude petroleum | 75,259 |
| 2 | Cars | 47,632 |
| 3 | Refined petroleum | 18,715 |
| 4 | Aircraft, helicopters and spacecraft | 7,322 |
Who is Canada’s largest export partner?
United States
Canada top 5 Export and Import partners
| Exporter | Trade (US$ 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 Mexico’s largest importer?
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 |
Who is Canada’s largest 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 |
What does Canada import the most from Mexico?
(C$112M), Cars (C$45M), Rapeseed Oil (C$39M), Pig Meat (C$37.9M), and Raw Aluminium (C$22.9M). In August 2022 the top imports of Canada from Mexico were Cars (C$405M), Delivery Trucks (C$401M), Motor vehicles; parts and accessories (8701… (C$183M), Computers (C$145M), and Insulated Wire (C$113M).
What is Mexico’s No 1 export?
Mexico’s main exports are manufactured products (89 percent of total shipments) and oil and oil products (6 percent). Among manufactured products, metallic, machinery and equipment is the major category (69 percent) and automobiles account for around 31 percent of total sales.
What is Mexico’s #1 import?
Electrical machinery
Currently, electrical machine importation makes up 40% of the country’s total imports annually.
Does Canada trade with Mexico?
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 Mexico sell to Canada?
| Mexico Exports to Canada | Value | Year |
|---|---|---|
| Meat and edible meat offal | $87.97M | 2021 |
| Edible vegetables and certain roots and tubers | $78.47M | 2021 |
| Cereal, flour, starch, milk preparations and products | $71.34M | 2021 |
| Glass and glassware | $68.17M | 2021 |
What countries should Canada not trade with?
Canada’s sanctions apply asset freeze provisions on the following countries:
- Belarus.
- Central African Republic.
- Democratic Republic of Congo.
- Eritrea.
- Haiti.
- Iran.
- Iraq.
- Libya.
Why do we trade with Canada and Mexico?
Trade with Canada and Mexico supports nearly 13 million American jobs. Sustaining and strengthening U.S. trade with these partners will support U.S. economic growth and job creation.
What does Canada sell to Russia?
Canada’s top imports from Russia are fertilizers, crude oil, and various metals and minerals. Canada’s top exports to Russia are industrial machinery and aircrafts.
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.
What is Canada the largest producer of?
Canada has the third-highest total estimated value of natural resources, valued at US$33.98 trillion in 2019. It has the world’s third-largest proven oil reserves and is the fourth-largest exporter of crude oil.
Economy of Canada.
| Statistics | |
|---|---|
| Human Development Index | 0.936 very high (2021) (15th) 0.860 very high IHDI (2021) |
Who are Canada’s top 3 trading partners?
Canada continues to have strong trading ties to the United States, the European Union and China, its top 3 trading partners. Goods exports to the United States and the European Union grew well, supported by free trade agreements with these partners.
What 3 countries does Canada trade with the most?
Canada’s Top 5 Trading Partners
- United States—$337 billion (USD) (75.4% of total Canadian exports)
- China—$18 billion (USD) (3.9% of total Canadian exports)
- United Kingdom—US $15 billion (3.3% of total Canadian exports)
- Japan—US$9 billion (2.1% of total Canadian exports)