Overview In December 2022, Canada exported C$822M and imported C$3.23B from Mexico, resulting in a negative trade balance of C$2.41B. Between December 2021 and December 2022 the exports of Canada have increased by C$173M (26.6%) from C$650M to C$822M, while imports increased by C$42.8M (1.34%) from C$3.19B to C$3.23B.
Trade In December 2022, the top exports of Canada to Mexico were Rapeseed (C$102M), Motor vehicles; parts and accessories (8701... (C$94.2M), Refined Petroleum (C$71.4M), Raw Aluminium (C$35.7M), and Rapeseed Oil (C$32.6M). In December 2022 the top imports of Canada from Mexico were Delivery Trucks (C$261M), Cars (C$235M), Computers (C$165M), Motor vehicles; parts and accessories (8701... (C$128M), and Telephones (C$84.3M).
Origins In December 2022 the exports of Canada were mainly from Quebec (C$268M), Ontario (C$240M), Saskatchewan (C$114M), Alberta (C$113M), and Manitoba (C$69.9M), while imports destinations were mainly Ontario (C$2.49B), British Columbia (C$234M), Quebec (C$196M), Alberta (C$176M), and Manitoba (C$108M).
Growth In December 2022, the increase in Canada's year-by-year exports to Mexico was explained primarily by an increase in product exports in Refined Petroleum (C$49.1M or 221%), Rapeseed (C$22.1M or 27.5%), and Rapeseed Oil (C$13.9M or 74.3%). In December 2022, the increase in Canada's year-by-year imports from Mexico was explained primarily by an increase in product imports in Delivery Trucks (C$74.8M or 40.2%), Video Displays (C$35.1M or 74.6%), and Silver (C$26.1M or 1.06M%).
Canada / Mexico 
