Fast facts: Canada and U.S trade relations
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This interactive infographic gives you a quick overview of how the U.S. and Canada’s economies are closely tied and mutually beneficial.
In this article:
The U.S., Mexico and Canada are among each other’s top customers. This means our trade is so deeply integrated and co-dependent that any change in the way we do business with each other would have significant impacts on all three countries.
#1 customer for the U.S.
Canada is top market for 32 of the 50 American (and the #2 market in 9 other states).
USD $7.256B
Value of sales from Canada to Mexico in 2016 (908% higher than in 1993)
64%
Percentage of all products and services produced and sold between Canada and the U.S. that contain components or raw materials sourced from each country
17¢ for every $1
Amount of American raw material or components in products that Canada sells to the United States
41%
Average of American components contained in vehicles manufactured in Canada and shipped to the U.S.
#1 for U.S. investment
The U.S. is the first stop when Canadians want to establish operations outside of Canada.
#2 for Canadian investment
Canada is the second destination for American companies looking to invest outside their borders.
USD$14.8 B
Canada’s foreign direct investment (FDI) in Mexico (in stock) in 2015
#4 investor in Mexico
Canada is the fourth largest foreign investor in Mexico (after the USA, Spain and the Netherlands) between 2010 and March-2017
Part 3 of 3 in series
Part 1 of 3 in series
Worried about ‘Buy America’ policies? Why you shouldn’t be
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An EDC economist helps you understand the different country risks at play.
With EDC’s support, this chemical analysis and measurement company has taken on international contracts from all over the world.
See how the heavily integrated supply chain between the Canada-U.S. automotive industries benefit both sides of the border.
“Keep calm and trade on” appears to be the motto for these Canadian companies, as they reveal their strategies for dealing in the U.S. market.