Focus On Mexico
Lake Chapala - Header Image
Mexico Topics
Text Size

NAFTA Mexico and Canada

 Bilateral Trade

Canada, Mexico and the USA are partners in NAFTA.The trade between Mexico and Canada has increased from $4 to over $12 billion dollars in nine years. Mexico has become Canada's main trading partner in Latin America and its fourth largest partner worldwide only after the United States, Japan and the United Kingdom. Bilateral trade with Canada has tripled, reaching more than $12 billion US dollars in 2001. Between 1993 and 2001, Mexican exports to Canada grew by 170%, reaching $7.8 billion US dollars in 2001.

Because of the high quality of its production, Mexico is Canada's first supplier after USA of items such as vehicles, electronic equipment and agricultural goods. In the meantime, Mexico has become one of the most important destinations for Canadian products. In fact, Mexico is ranked as Canada's fourth largest export market behind the United States, Japan and China. In 2001, Canadian exports to Mexico reached more than $4.2 billion US dollars, which is 260 percent more than those of 1993. As you can see, bilateral trade has been mutually beneficial.

Since NAFTA, Canada has become the 4th foreign investor in Mexico with $4 billion dollars, only behind the United States, the Netherlands and Spain. At the end of 2002, 1,259 companies with Canadian capital were registered in Mexico. The most important sectors for these investments are within the area of manufacturing, which represents nearly 59 percent of Canada's total investment in Mexico; financial services account for 25 percent and mining with 11%.
Source: http://www.usmcoc.org/ 

 

 

 

 


Comment on and Rate this Content

 Your Rating:
Your Review:
  
Navigate
Learning Adventures
Crash Course On Mexico

 

On your Journey of Discovery to retire in this land of enchantment, we cover topics that will be important to you…immigration, health options available in Mexico, legal and financial topics, and information that will guide you through the decision-making process of buying or renting a house, options for moving, bringing your pets, and a myriad of other details that we have collected during Focus on Mexico’s 15 years of experience guiding our participants through the Lake Chapala area.

Focus Health Insurance

Best Doctors Hdr
Annual Cost/Benefits in U.S.$
Worldwide Coverage $750,000
 $3900 Deductible
For 2017 Pricing & Forms, email Ray@FocusOnMexico.com
 

Senior Couple 

Pre-existing conditions covered after 12 months
Apply from anywhere in Mexico
InterConsulatation 2nd Opinion
 

Best Doctors helps you make medical decisions with confidence. Access to the best medical minds in the world so you can be sure you have the right diagnosis and treatment plan. Get help to find specialists and expert answers to medical questions.

New Full Coverage Program from WEA. For details, email Ray@FocusOnMexico.com

Currency Exchange
exchange money
 Focus On Mexico has teamed with two technology leaders in the money transfer industry to ensure clients enjoy a simple and efficient experience when transferring funds anywhere in the world.