Canada vs Mexico: 2023 Trade Comparison
Side-by-side stats from CEPII BACI. Bold values mark the larger figure.
| Canada | Metric | Mexico |
|---|---|---|
| $566.23B | Total exports | $605.37B |
| $548.63B | Total imports | $538.39B |
| $17.60B | Trade balance | $66.98B |
| $1.11T | Total trade volume | $1.14T |
| #10 | Global export rank | #9 |
| #11 | Global import rank | #12 |
Direct trade between Canada and Mexico
Canada → Mexico
$6.94B
Mexico → Canada
$33.37B
Canada top exports
- petroleum oils and oils obtained from bituminous minerals, crude$106.16B
- gold, non-monetary, unwrought (but not powder)$21.35B
- with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$17.90B
- preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$14.77B
- in gaseous state, natural gas$10.48B
Mexico top exports
- petroleum oils and oils obtained from bituminous minerals, crude$32.19B
- with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$32.04B
- processing units other than those of item no. 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit$28.00B
- spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), n.e.c. in item no 8704.1$24.07B
- with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc$14.36B
Shared top trade partners
Both countries appear as major export destinations for 6 of the same partners:
USAChinaGermanyUnited KingdomJapanIndia