FLOSSI, MEXICO, CANADA and the USA
Trade between the United States, Mexico, and Canada is extensive and encompasses a variety of goods and services. The top five categories of trade among these countries include:
Automotive Products:
Vehicles and Parts: The automotive industry is highly integrated across the three countries, with significant trade in passenger vehicles, trucks, and auto parts. Canada and Mexico are both major sources of U.S. imports and destinations for U.S. exports in this sector.
Machinery and Equipment:
Industrial Machinery: This category includes machinery for various industries, such as manufacturing and agriculture. The U.S. exports substantial amounts of machinery to both Canada and Mexico.
Electrical and Electronic Equipment:
Electronics: Trade in electronics, including computers, smartphones, and other devices, is significant between these nations. The U.S. imports electronic products from Mexico and exports electrical equipment to Canada.
Mineral Fuels and Oils:
Energy Products: Crude oil and refined petroleum products are major components of trade, especially between the U.S. and Canada. Canada is a leading supplier of crude oil to the U.S., and there is also notable trade in natural gas and other energy products.
Agricultural Products:
Food and Beverages: Agricultural trade includes grains, meats, fruits, vegetables, and beverages. The U.S. exports grains and meats to Mexico while importing fruits, vegetables, and beverages like beer and tequila. Similarly, there is significant agricultural trade between the U.S. and Canada.