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Economic index on north america
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Created on March 24, 2025
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Economic index on north america
Commercial exchange
In 2024, Mexico became the United States' largest trading partner, followed by Canada and China, highlighting the significant role of North American trade in the global economy. This emphasizes the critical importance of trade relations among the U.S., Canada, and Mexico on the world stage.
canada
U.S.A
Mexico
gdp
gdp
gdp
2,142 USD billionper capita 44,469 USD
27,721 USD billionper capita 65, 875 USD
1,789 USD billionper capita 10,242 USD
population territorial extension
population territorial extension
population territorial extension
Population: 129.7 million (2023)Extension: 1.973 million km²
Population: 340.1 million (2024)Extension: 9.867 million km²
Population: 40.1 million (2023) Extension: 9.985 million km²
Import and export
Import and export
Import and export
Import: 70,490 CAD millionExport: 74,464 CAD million
Import: 49,004 USD millionExport: 44,446 USD million
Import: 401 USD billion Export: 270 USD billion
Current controversies
In February 2025, President Donald Trump announced a 25%tariff on imports from Canada and Mexico, aiming to address issues such as undocumented migration and drug trafficking. These tariffs are anticipated to impact various goods, including automobiles, electronics, and consumer products, potentially increasing prices for American consumers. Both Canada and Mexico have indicated potential retaliatory measures, which could further affect the trade dynamics among the three countries.