CPTPP partner: Mexico

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a trading block that represents 495 million people with a combined gross domestic product of CAD $13.5 trillion – a full 13.5% of global GDP.  Through the CPTPP, Canada now has preferential access to some of the world’s most dynamic and fast-growing markets, which will strengthen Canadian businesses, grow the economy, and create more well-paying jobs for middle class Canadians.

The CPTPP entered into force for the first six countries to ratify the Agreement – Australia, Canada, Japan, Mexico, New Zealand, and Singapore – on December 30, 2018, and for Vietnam on January 14, 2019. For the remaining signatories (Brunei, Chile, Malaysia, and Peru), the CPTPP will enter into force 60 days after that country ratifies the Agreement.

Why Mexico matters

Canada-Mexico trade snapshot

Top Canadian Exports to Mexico (2015-2017 average, $CAD)

Pie chart of Canada's top exports to Mexico (2015-17 average)
Text version

Canada's Top Exports to Mexico (2015-2017 average, $CAD)

  • Total value of exports to Mexico: $7,300,000,000
  • Agricultural products (canola, wheat): $1,800,000,000
  • Autos: $1,700,000,000
  • Metals and minerals: $1,100,000,000
  • Industrial machinery: $654,000,000
  • Chemicals and plastics: $576,000,000

Key facts and figures

Canada-Mexico trade

Canada-Mexico tourism

Canada’s top merchandise imports from Mexico (2015-2017 average)

Canada’s imports of services from Mexico (2016)

Canada’s top merchandise exports to Mexico (2015-2017 average)

Canada’s exports of services to Mexico (2016)

How the CPTPP helps Canada-Mexico trade and investment

Sectoral opportunities in Mexico

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