What percent of Mexico’s exports go to Canada?

Mexico exports to Canada worth US$ 14,259 million, with a partner share of 3.10 percent.

How much does Mexico export to Canada?

In 2019, Mexico exported $21.3B to Canada. The main products exported from Mexico to Canada were Cars ($3.4B), Vehicle Parts ($1.83B), and Spark-Ignition Engines ($1.3B). During the last 24 years the exports of Mexico to Canada have increased at an annualized rate of 8.65%, from $2.91B in 1995 to $21.3B in 2019.

Where do 80% of Mexico’s exports go?

4 Mexico’s economy relies heavily on the United States as an export market. The value of exports equaled 39% of Mexico’s GDP in 2019, as shown in Table 1, and approximately 80% of Mexico’s exports were headed to the United States.

How much does Canada import from Mexico?

In 2020, imports into Canada from Mexico amounted to a trade value of around 16.47 billion Canadian dollars, a decrease from approximately 19.92 billion the previous year.

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How much of the Mexican exports go to the US and Canada?

Canada and Mexico send at least 85 percent of their exports to the United States and approximately 60 percent of both countries’ imports come from the United States.

Why is Mexican trade important to Canada?

Our trade and investment relationship has seen strong growth since the entry into force of the North America Free Trade Agreement (NAFTA) in 1994. … Mexico’s stability, growing consumer class and competitive labour continue to make it an attractive market for Canadian exports and investments.

What is Mexico’s main export?

Among Mexico’s major exports are machinery and transport equipment, steel, electrical equipment, chemicals, food products, and petroleum and petroleum products. About four-fifths of Mexico’s petroleum is exported to the United States, which relies heavily on Mexico as one of its principal sources of oil.

What are Mexico’s top 3 exports?

Searchable List of Mexico’s Most Valuable Export Products

Rank Mexico’s Export Product 2020 Value (US$)
1 Cars $39,476,275,000
2 Computers, optical readers $31,823,594,000
3 Automobile parts/accessories $26,701,510,000
4 Trucks $24,336,274,000

Who is Mexico’s largest export partner?

Mexico top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
United States 206,142 45.28
China 83,052 18.24
Japan 17,958 3.94
Germany 17,690 3.89

What goods do we import from Canada?

Canada’s Top Imports

  • 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 do Mexico and Canada have in common?

Both Canada and Mexico have a very skilled labor force as well as high-quality education in the areas of engineering that is needed for production and manufacturing, so if your business is just getting into the global game, these two countries are a good place to start.

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What are Canada’s biggest exports?

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

What percent of Mexico’s exports go to the United States?

Mexico top 5 Export and Import partners 2019

Top five countries to which Mexico exported in 2019 are below, along with the percent of total exports that went to that country: Mexico exports to United States worth US$ 358,661 million, with a partner share of 77.85 percent.

What percentage of Mexico’s exports go to Nafta partners?

This statistic depicts the share of exports of goods and services for NAFTA (North American Free Trade Agreement) countries in 1994 and 2018, as percent of GDP. In 2018, 39 percent of Mexico’s GDP was from exports of goods and services, compared to 14 percent of its GDP in 1994, when NAFTA came into effect.

How much money does Mexico make off of exports?

Mexico is currently our largest goods trading partner with $614.5 billion in total (two way) goods trade during 2019. Goods exports totaled $256.6 billion; goods imports totaled $358.0 billion.