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Setting the Record Straight on Canada-U.S. Trade
In the first three quarters of 2024, roughly C$800 billion or (US$600 billion) of goods crossed the Canada-U.S. border. Including trade in services boosts these totals to C$910 (US$683 billion). • That is the equivalent to C$3.6 billion in total import and export flows each and every day. • Only Mexico edges out Canada (Chart 1). • But when it comes to which country dominates in buying American products, Canada is the single largest market by a large margin with nearly US$350 billion goods and services crossing Canada’s border over the first three quarters of 2024. (Chart 2). Some 34 U.S. states sell more ... (full story)
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- Posted: Jan 21, 2025 9:36pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,355
