Trading between Canada and Mexico continues to flourish thanks to the new NAFTA ( CUSMA/USMCA) that preserves the fundamentals of the trading relationship between the two countries. Furthermore, Mexico has a world class supplier base to help Canadian companies. Canadian companies seek low cost delivery solutions from their Mexican suppliers and customers as do Mexican companies doing business in Canada.
Mexico is a manufacturing powerhouse and a vital partner for Canadian businesses. With nearly CAD 56 billion in two-way merchandise trade in 2024 (Global Affairs Canada), Mexico is Canada's third-largest single-country merchandise trading partner after the United States and China, so understanding the Canada-Mexico corridor is essential.
