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Bilateral Trade Between Canada And Us On Us’s Dairy Products

by Exim Trade Data Global Import Export Trade Data

Canada and the US share a strong bilateral relationship with each other to make sure the exchange of goods and services to both countries doesn’t interrupt. In 2020, as per the market intelligence reports and Canada trade data, the total imports of Canada from the US accounted for a total of $255.3 billion on the other hand the total imports of the US from Canada accounted for a total of $286.3 billion.

 

The US and Canada share a huge amount of import-export exchange of goods and services with each other. Recently a trade agreement was made among three countries in July 2020 which included Mexico, Canada, and the US. Recently Canada observed a violation of an agreement between these three countries regarding which the US has won the quarrel.

 

US Major Export Markets for its Dairy Products

 

Based on US Export Data given below data represent the statistics of US top export partner countries.

 

VALUE IN MILLION USD ($)

Country

2016

2017

2018

2019

2020

2019-2020 % change

2016-2020 Average

Mexico

1,218

1,312

1,398

1,546

1,416

-8%

1,378

Malaysia

87

90

101

109

157

45%

109

Vietnam

120

112

145

170

185

9%

146

Japan

206

291

269

282

322

14%

274

Indonesia

158

132

165

239

352

47%

209

China

386

576

498

373

539

45%

474

Canada

630

637

641

667

676

1%

650

South Korea

231

279

290

330

371

12%

300

Australia

109

185

153

148

170

15%

153

Philippines

227

243

246

273

410

50%

280


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Created on Feb 1st 2022 00:57. Viewed 242 times.

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