Top North American Export Countries

New York harbor

New York harbor

Exports from North America were worth US$2.377 trillion for 2017, down by -8.2% since 2013 when comparable shipments totaled $2.414 trillion.

Year over year, the value of North American exports appreciated by 8.8% from 2016 to 2017.

North American exports represent an estimated 13.6% of overall world exports, down from 14% one year earlier in 2016.

Based on statistics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product from all North American nations grew to an estimated $23.618 as of June 2018. Therefore, exports drive about 10.1% of North America’s total economic output.

Given North America’s population of some 486.8 million people, the total $2.377 trillion in 2017 North American exports translates to roughly $4,900 for every person residing in the continent.

Top North American Export Countries

The listing below shows how North American export countries stacked up in international trade during 2017. Also shown is each country’s percentage share of continent-originating exports.

  1. United States: $1.547 trillion (65.1% of total North American exports)
  2. Canada: $420.6 billion (17.7%)
  3. Mexico: $409.5 billion (17.2%)

Only Mexico increased its exports from 2013 to 2017 via its 7.8% improvement.

The value of exports from the United States retreated by -2% over the same 5-year period, outpaced by a more severe -7.9% decline for Canada.

In contrast export totals from all three North American export countries gained from 2016 to 2017 again led by Mexico (up 9.5%) and trailed by Canada (up 8.1%) then the United States (up 6.6%).

America’s president Donald Trump is striving to rewrite the North American Free Trade Agreement (NAFTA), which previously had eliminated tariffs on most goods delivered among NAFTA trade partners. If Trump’s efforts are successful, it will be interesting to compare subsequent changes in the value of exports from each North American trade partner.

See also Highest Value US Export Products, Canada’s Top 10 Exports and Mexico’s Top Trading Partners

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on June 18, 2018

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on June 18, 2018

Trade Map, International Trade Centre, Accessed on June 18, 2018