NAFTA trade has more than tripled since its inception in 1994

NAFTA trade has more than tripled since its inception in 1994

Agricultural trade within the NAFTA region is recovering from the recent global economic downturn. The total value (exports and imports) of U.S. agricultural trade with Canada and Mexico reached about $61.3 billion in 2010, compared with $60.7 billion in 2008 and $54.7 billion in 2009. Prior to the downturn, regional agricultural trade had enjoyed a long period of sustained growth with few interruptions. Even when accounting for the effects of the recent downturn, U.S. agricultural trade with Canada and Mexico has more than tripled since NAFTA's implementation in 1994. This chart is from the ERS report, NAFTA at 17: Full Implementation Leads To Increased Trade and Integration, WRS-11-01, March 2011.


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