When the U.S., Canada and Mexico implemented the North American Free Trade Agreement in 1994, it opened the door for open trade by ending tariffs on various goods and services and creating an even playing field for the three markets. Today, agricultural goods such as eggs, corn and meats; manufactured products such as auto parts; and raw materials such as steel and lumber flow freely across the borders, primarily by truck and rail.

The U.S. exported more than $280 billion in goods to Canada in 2011, making its northern neighbor the largest source for outgoing products.  U.S. imports, at more than $315 billion, make Canada the second-largest source of inbound goods after China.

Exports to and imports from Mexico set record highs in 2011, with exports reaching $198.4 billion and imports hitting $262.9 billion.

The combined $1.1 trillion in combined trade among the three partners make NAFTA the second-largest trade bloc in the world, second only to the 27-member European Union.

Special Coverage

 
The Department of Agriculture puts dairy products, beef and pork as the top U.S.

News & Analysis

 
24 Apr 2013
Steel imports in March were 2.475 million tons, dropping 1.3 percent from 2.508 million tons in February and plummeting 19.3 percent from March 2012, according to preliminary government reporting...
truck traffic, US-Mexico border crossing
 
18 Apr 2013
More than 5 million commercial trucks crossed the U.S.-Mexican border in 2012, a 4.8 percent increase from 2011 that set a new record. Unfortunately, Troy Ryley says, too many tractor-trailers were headed in one direction — north.
 
18 Apr 2013
U.S. steel exports reached 1.036 million tons in February, dropping 3.8 percent from 1.077 million tons in the previous month and 14.4 percent year-over-year, according to government data...
 
12 Apr 2013
As many as 2,700 employees, with the help of two dozen robot arms, produce hundreds of thousands of refrigerators in Ciudad Juarez, Mexico, each year for consumers in the U.S. Brazil, Europe and Venezuela, reflecting growing Mexican manufacturing capacity.
 
11 Apr 2013
The U.S. and Mexico must boost their ability to manufacturer products together by speeding up the movement of goods at the border, and the latter must increase certain manufacturing capabilities.
 
08 Apr 2013
The U.S. has become equally attractive as Mexico to shippers looking to near-shore production, or shift manufacturing closer to the American consumption market, according to a global consulting firm.

Commentary

 
When Mexico this month announced an initiative to boost security on its highways, it was the latest step on the country’s road to becoming a world-class manufacturer. But it also served as the latest acknowledgement that to do so, it must raise security where it is so sorely lacking.

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