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The came into effect January 1, 1994, creating the foundation for economic growth and strengthening trade relations between , , and the . Now in 2014, it has been over 20 years since NAFTA has been in place. To better understand the , we have prepared a table showing trade statistics before and after NAFTA.
|
Before NAFTA (1993-1994) |
After NAFTA (2011- 2012) |
---|---|---|
U.S. Exports to Canada and Mexico |
$140 billion |
$500 billion |
U.S. Imports from Canada and Mexico |
$150 billion |
$600 billion |
U.S. Exports to Mexico |
$41.6 billion |
$216.3 billion |
U.S. Imports from Mexico |
$39.9 billion |
$277.7 billion |
U.S. Exports to Canada |
$100.2 billion |
$291.8 billion |
U.S. Imports from Canada |
$110.9 billion |
$324.2 billion |
Percentage of Mexico’s Exports Sent to U.S. |
83% |
79% |
Percentage of Mexico’s Imports from the U.S. |
69% |
50% |
U.S. Investment in Mexico |
$1.2 billion |
$13.8 billion |
U.S. Investment in Canada |
$69.9 billion |
$318.9 billion |
Canadian Investment in Mexico |
$530 million |
$5,600 million |
Source:
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