NAFTA by the numbers:
Where we stand as the renegotiation begins
In 1994, NAFTA was signed by Canada, the U.S. and Mexico. Now 23 years later, the three countries have a strong economic bond supporting hundreds of billions of dollars in trade every year. Our trade is so integrated with each other’s that any changes could have significant effect around the continent.
Take a look at the statistics and facts* below to see how well the agreement has been performing and better understand how changes could potentially affect the Canadian economy and your business.
* All data is from 2016 unless otherwise noted.
Trade: exports and imports
Canada, the U.S. and Mexico are among each other’s top trade partners.
$453.7 B in exports
The U.S. purchases 72.6% of Canada’s total exports
The U.S. is Canada’s largest trading partner
$348.5 B in imports
The U.S. supplies 52.6% of all imports to Canada
$8.8 B in exports
Mexico purchases 1.4% of Canada’s total exports
Mexico is Canada’s 3rd largest trading partner
$36.3 B in imports
Mexico supplies 5.5% of all imports to Canada
More than 15%
Total of all American goods and services exported to the world are bought by Canadians
#1 customer for the U.S.
Canada is top market for 32 of the 50 American states (and the #2 market in 9 other states)
Average annual growth rate of exports from Canada into Mexico between 1993 and 2016
More than 7x
Amount Canada/Mexico trade has increased since NAFTA was founded
Canadian dairy product imports from the U.S. in 2016
Direct investment flows
Cross-border investment across the three NAFTA partners is significant, supporting a highly integrated continental economy and hundreds of billions of dollars in annual trade flows.
Value of cross-border investment by Canadian companies in the U.S.
U.S. share of Canada’s total CDIA stock
U.S. Foreign Direct Investment in Canada
U.S. share of Canada’s total FDI-In stock
Value of cross-border investment by Canadian companies in Mexico
Mexican share of Canada’s total CDIA stock
Mexican Foreign Direct Investment in Canada
Mexican share in Canada’s total FDI-In stock
Over USD $5 billion
Canadian lumber companies’ investment in the U.S. forestry sector since 2005
Foreign affiliate sales
Foreign affiliate sales support over $1 trillion in business between the NAFTA partner countries.
Foreign affiliate sales data is as of 2014.
Goods and services sold by U.S.-based Canadian affiliates
U.S. share of Canada’s total foreign affiliate sales
U.S. foreign affiliate sales in Canada
U.S. share of foreign affiliate sales in Canada
Goods and services sold by Mexican-based Canadian affiliates
Mexican share of Canada’s total foreign affiliate sales
Mexican foreign affiliate sales in Canada
Mexican share of foreign affiliate sales in Canada
Mexico’s majority-owned affiliated firms provide a major boost to Canada’s economy
value of assets
Over $1 B
in annual sales
Canada and U.S. jobs supported by trade with each other
Foreign affiliate companies from Mexico and the U.S. help create jobs and support the economy — and we do the same for them.
American workers employed by Canadian foreign affiliates
Canadian workers employed by American foreign affiliates
Mexican workers employed by Canadian foreign affiliates
Canadian workers employed by Mexican foreign affiliates
NAFTA supports millions of jobs
Number of Canadian jobs supported by trade and investment with the U.S.
Number of US jobs supported by trade and investment with Canada
Number of Canadian jobs supported by trade and investment with Mexico
Number of people crossing the border
More than just merchandise and services travels between our borders. Like any good neighbours, Canadians, Americans and Mexicans check in on each other from time to time.
Top travel destinations for Canadians
#1 – United States
#2 – Mexico
#3 – United Kingdom
Visits to the U.S. were taken by Canadians in 2016
Visits to Canada were taken by Americans in 2016
Visits to Mexico were taken by Canadians in 2016
Visits to Canada were taken by Mexicans in 2016
U.S. content in Canadian exports to the U.S.
The U.S.-Canada trade relationship is deeply intertwined — so much so that 17.5% of Canadian exports to the U.S. are made of U.S. content.
Percentage of all products and services produced and sold between Canada and the U.S. that contain components, raw materials and support services sourced from each country
17¢ for every $1
Amount of American raw material or components in products and services that Canada sells to the United States
Average of American components contained in vehicles and auto parts manufactured in Canada and shipped to the U.S.
American parts in Canadian car exports to the U.S.
This webinar brings together a dynamic panel of trade experts and business leaders to explain what the agreement covers and provide answers on what your company can do to prepare.
Get it Now
Countries that share free trade agreements (FTAs) with Canada often make ideal new markets. Learn the basics of FTAs and how they can benefit your business.
Get it Now