North America

North American trade is a significant supplier of manufacturing goods, technology and natural resources. In 2025, the region accounted for around 10.4% of world merchandise exports and 21.3% of world merchandise imports in volume, and for around 14.6% of world services exports and 12.3% of world services imports in volume. Moreover, the three countries, Canada, Mexico, and the United States, represent over 17% of the world’s foreign direct investment, registering over $385 billion in inflows and $327 billion in outflows in 2025.

 

Canada, Mexico, and the United States have established a partnership through the North American Free Trade Agreement (NAFTA) and its successor, the United States-Mexico-Canada Agreement (USMCA). The three countries have since minimized tariffs and other trade barriers on goods and services, creating an integrated production platform that enhances their competitiveness and innovation. Furthermore, the region has established additional global trade relationships with a variety of partners, including Australia, China, Germany, Japan, and the United Kingdom.

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Economies in North America

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