Mexico-Canada Trade Report March 2014

Transcripción

1 Representación de la Secretaría de Economía de México en Canadá Representative Office of the Ministry of Economy of Mexico in Canada Mexico-Canada Trade Report Mexico-Canada Trade and Investment from Canada in Mexico - May / Mayo 2014 Informe Comercial México-Canadá Marzo 2014 Content Contenido REGION OF NORTH AMERICA Trade Among NAFTA Partners Comercio Entre los Países del TLCAN REGIÓN DE AMÉRICA DEL NORTE By the end of the first quarter of 2014, total trade in the NAFTA Region recorded a value of USD$264.4 billion, equivalent to a growth of 1.6% compared to the previous year's same period. Within the block of North America, Mexico's trade, along with its partner countries, went from 30.7% of the region's total back in March 1993 to 46.9% in the same month in 2013, reflecting the importance of Mexico as a trading partner of Canada and the United States. Mexico-Canada Trade Balance Exports from Canada to Mexico Exports from Mexico to Canada Main Export Products Balanza Comercial México-Canadá Canadá a México México a Canadá Principales Productos de Exportación Para el periodo enero-marzo de 2014 el valor del comercio total de la región TLCAN fue de US$264,449 mdd (millones de dólares estadounidenses), lo que representa un aumento de 1.6% comparado con el mismo período del año anterior. Dentro del bloque de Norteamérica, el comercio de México con sus países socios pasó del 30.7% del total de la región para el periodo enero-marzo de 1993 al 46.9% en el mismo periodo de 2014, lo que refleja la importancia de México como socio comercial de Canadá y EE.UU. As for the Mexico-Canada trade, trade flows decreased 3.9%, amounting USD$8.3 billion. This value represents a bilateral trade growth of 874% in the NAFTA era, which also translates as an average annual growth rate of 11.5% between 1993 and 2014, the highest within the region. Regarding Bilateral Trade between Mexico and the United States, the goods exchange growth 3.7%, resulting in USD$111.7 billion. En la relación México Canadá, los flujos comerciales decrecieron 3.9%, ubicándose en US$8,279 mdd. Este valor representa un crecimiento del comercio de 874% en la era del TLCAN, lo que además se traduce en una tasa de crecimiento anual promedio de 11.5% entre 1993 y 2014, la más alta para la región. En relación al comercio México - EE.UU., el intercambio de bienes creció 3.7%, para ubicarse en $115,699 mdd. Note: The information contained in this report was developed using importer s numbers shown in official sources such as BANXICO, Statistics Canada and USDOC (in the section of trade by province, only data from Statistics Canada was used). Figures shown are in USD in accordance to the average nominal exchange rate observed in the mentioned period Nota: Este reporte se elabora utilizando las cifras del país importador publicadas por las fuentes oficiales de cada país: BANXICO, Statistics Canada y USDOC (en la sección de comercio por Provincia se utilizan únicamente datos de Statistics Canada). Los datos se presentan en dólares estadounidenses (USD) al tipo de cambio promedio nominal observado en el periodo indicado. w w w. n a f t a - m e x i c o. o r g 1

2 Representación de la Secretaría de Economía de México en Canadá Representative Office of the Ministry of Economy of Mexico in Canada Mexico-Canada Trade Report Mexico-Canada Trade and Investment from Canada in Mexico - May / Mayo 2014 Informe Comercial México-Canadá Marzo 2014 Content Contenido Mexico's trade surplus dropped 1.8%, going from USD$3.8 billion in January-March's period 2014 to USD$3.7 billion in the same period of Mexico kept its position as Canada s 3rd greatest trade partner in the world, covering 3.8% of the Canadian market, only after the United States (63.9%) and China (7.2%). Trade Among NAFTA Partners Mexico-Canada Trade Balance Exports from Canada to Mexico Exports from Mexico to Canada Main Export Products Comercio Entre los Países del TLCAN Balanza Comercial México- Canadá Canadá a México México a Canadá Principales Productos de Exportación El superávit comercial de México disminuyó 1.8%, al pasar de US$3,801 mdd en el periodo enero-marzo de 2013 a US$3,735 mdd en el mismo periodo de A nivel mundial, México se mantuvo como el tercer socio comercial de Canadá con el 3.8% del mercado canadiense, por debajo de EE.UU. (63.9%) y China (7.2%). Investment from Canada in Mexico Inversión de Canadá en México Mexico ranked 4 th largest export market for Canadian products (2.0% from total). Mexico was only exceeded by imports from the United States, China and United Kingdom. In terms of value, sales from Canada to Mexico reached USD$2.3 billion, 860% higher than sales carried out in The average annual growth rate of exports from Canada into Mexico between 1993 and 2014 is 11.4%. México se ubicó como cuarto mercado de exportación para los productos canadienses (2.0% del total), por debajo de EE.UU, China y Reino Unido. En términos de valor, las ventas de Canadá a México se ubicaron en US$2,272 mdd, monto 860% superior al registrado en La tasa de crecimiento anual promedio de las exportaciones de Canadá a México entre 1993 y 2014 se ubica en 11.4%. w w w. n a f t a - m e x i c o. o r g 2

3 Representación de la Secretaría de Economía de México en Canadá Representative Office of the Ministry of Economy of Mexico in Canada Mexico-Canada Trade Report Mexico-Canada Trade and Investment from Canada in Mexico - May / Mayo 2014 Informe Comercial México-Canadá Marzo 2014 Content Contenido On a provincial level, exports from Mexico to Ontario were 78.4% of the total followed by Quebec with 6.1%. The largest increases were Saskatchewan 29.9% and Manitoba 15.6%. In contrast, sales dropped 7.9% in British Columbia and 14.0% in Quebec. On, Mexico continued to keep its position as the 3 rd largest supplier for the Canadian market (5.5%), after purchases from Canada to United States and China. Exports of Mexican products to Canada in this month totalled USD$6.0 billion, amount over 10 times higher than the trade value registered in 1993 (USD$613 million). The average annual growth rate of exports from Mexico into Canada in the NAFTA era was 11.5%. Trade Among NAFTA Partners Mexico-Canada Trade Balance Exports from Canada to Mexico Exports from Mexico to Canada Main Export Products Investment from Canada in Mexico Imports from Mexico by Province Comercio Entre los Países del TLCAN Balanza Comercial México-Canadá Canadá a México México a Canadá Principales Productos de Exportación Inversión de Canadá en México Quebec, 6.1% A nivel provincia, las exportaciones mexicanas a Ontario ocuparon el 78.4% del total seguidas por Quebec con el 6.1%. Los mayores crecimientos fueron los de Saskatchewan 29.9% y Manitoba 15.6%. En contraste, las ventas cayeron en Columbia Británica 7.9% y Quebec 14.0%. México mantuvo su posición como tercer proveedor de Canadá (5.5% del total), participación superada por las compras de EE.UU. y China. Las exportaciones de productos mexicanos a Canadá sumaron US$6,007 mdd, monto equivalente a 10 veces el valor respecto a 1993 (US$613 mdd). La tasa de crecimiento anual promedio de las exportaciones mexicanas en la época del TLCAN se ubicó en 11.5%. British Columbia, 6.0% Ontario, 78.4% Newfounland, 0.2% Alberta, 5.4% Manitoba, 2.4% Saskatchewan, 1.2% Source: Statistics Canada w w w. n a f t a - m e x i c o. o r g 3

4 Representación de la Secretaría de Economía de México en Canadá Representative Office of the Ministry of Economy of Mexico in Canada Mexico-Canada Trade Report Mexico-Canada Trade and Investment from Canada in Mexico - May / Mayo 2014 Informe Comercial México-Canadá Marzo 2014 Content Contenido The fastest growing Mexican export goods in the first quarter of 2014 were: motors and its parts for automobiles, computers and machines for reception conversion and transmission or rage voice, images or data, including switchboards and routers. Trade Among NAFTA Partners Mexico-Canada Trade Balance Exports from Canada to Mexico Exports from Mexico to Canada Main Export Products Comercio Entre los Países del TLCAN Balanza Comercial México-Canadá Canadá a México México a Canadá Principales Productos de Exportación Los bienes de exportación de México con mayor crecimiento fueron: motores y sus partes para automóviles, computadoras y aparatos para la recepción, conversión y transmisión o regeneración de voz, imagen u otros datos, incluidos los de Investment from Canada in Mexico Inversión de Canadá en México conmutación y enrutamiento. w w w. n a f t a - m e x i c o. o r g 4

5 Representación de la Secretaría de Economía de México en Canadá Representative Office of the Ministry of Economy of Mexico in Canada Mexico-Canada Trade Report Mexico-Canada Trade and Investment from Canada in Mexico - May / Mayo 2014 Informe Comercial México-Canadá Marzo 2014 Content Contenido During the last fourteen years, Canadian foreign direct investment (FDI) has been a key factor for the integration of our productive sectors. From January 2000 to December 2013, Canada s cumulative FDI in Mexico reached USD$17.6 billion, becoming the fourth largest foreign investor in Mexico after USA, Netherlands and Spain. According to the Ministry of Economy, on December 2013, 3,355 firms were registered in Mexico as having Canadian capital. These results demonstrate the high confidence that the NAFTA s legal framework has granted to Canadian investors to operate in Mexico. Trade Among NAFTA Partners Mexico-Canada Trade Balance Exports from Canada to Mexico Exports from Mexico to Canada Main Export Products Investment from Canada in Mexico Canada s FDI in Mexico December 2013 Millions of US dollars 680 1,047 Annual FDI Cumulative FDI Comercio Entre los Países del TLCAN Balanza Comercial México-Canadá Canadá a México México a Canadá Principales Productos de Exportación 3,433 Inversión de Canadá en México 1,8391,820 1,340 1,755 1, Source: Ministry of Economy 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Durante los últimos catorce años la inversión extranjera directa (IED) de Canadá ha sido un elemento clave para la integración de los sectores productivos de ambos países. En el período de enero 2000 Diciembre 2013, la IED acumulada de Canadá en México alcanzó los US$17,649 mdd, lo que lo ubicó como el cuarto país inversionista en México después de EE.UU., Países Bajos y España. En diciembre 2013, 3,355 empresas se encontraban operando en México con participación de capital canadiense. Estos indicadores comprueban el alto grado de confianza que el marco legal del TLCAN ofrece a los inversionistas canadienses para operar en México. w w w. n a f t a - m e x i c o. o r g 5

6 The NAFTA Office of Mexico in Canada Embassy of Mexico Mexico - Canada Trade Statistics Table of Contents 1. Trade Between NAFTA Partners 1.1 Trilateral trade 1 2. Mexico - Canada Trade 2.1 Monthly trends Main products imported by Canada from Mexico 3 3. Canada's Total Trade 3.1 Trade by country Canada - Mexico trade by province 5 May 2014

7 1993 (US$288,554 md) Trade among NAFTA partners ( ) 2001 (US$622,384 md) Trilateral Trade between the NAFTA Partners NAFTA partners January - (millions of US dollars) Annual Growth rate *AAGR January - March Growth rate *AAGR 13/93 13/12 13/93 14/93 14/13 14/ % % % % % % Total trilateral trade 288,742 1,056,451 1,076, , , , US imports from NAFTA partners Mexico 39, , , ,260 66,708 69, Canada 111, , , ,461 81,995 81, Mexico's imports from NAFTA partners US 45, , , ,988 44,837 46, Canada 1,175 9,890 9, ,408 2, Canada's imports from NAFTA partners Mexico 2,876 25,536 25, ,209 6, US 88, , , ,191 58,078 58, Mexico-Canada trade Mexico's imports from Canada 1,175 9,890 9, ,408 2, Canada's imports from Mexico 2,876 25,536 25, ,209 6, Total 4,052 35,426 35, ,617 8, Mexico-US trade Mexico's imports from US 45, , , ,988 44,837 46, US imports from Mexico 39, , , ,260 66,708 69, Total 85, , , , , , Canada-US trade Canada's imports from US 88, , , ,191 58,078 58, US imports from Canada 111, , , ,461 81,995 81, Total 199, , , , , , *Annual average growth rate. Trade Between NAFTA Partners (NAFTA trilateral trade growth March (14/93 = 278.5%) 2014 (Total trilateral trade of US$264.5 billion) Billions of US Dollars Canada- US trade 53.1% Mexico- Canada trade 3.1% Mexico- US trade 43.8% (Total trilateral trade of US$68.8 bllion) Canada- US trade 69.3% Mexico- Canada trade 1.2% Mexico- US trade 29.5% Source: The Ministry of the Economy with import data from Statistics Canada, BANXICO and USDOC The NAFTA Office of Mexico in Canada 1

8 (Canadian exports to Mexico) Mexico-Canada trade: Monthly trends Mexico's trade surplus with Canada Total Growth % Mexico Growth % Total Growth % Mexico 1/ Growth % Total Growth % Mexico Growth % Total Growth % Mexico Growth % , , , , , , , , , , , , , , , , , , , , , , , , *AAGR 13/93 Canada's Imports Canada's Exports 6.5% 11.6% 5.9% 11.2% Canada's Total Trade , , , , , , , , Jan 37, , , , , , , Feb 35, , , , , , Mar 39, , , , , , Apr 40, , , , , , , May 39, , , , , , Jun 38, , , , , , Jul 37, , , , , , , Aug 39, , , , , , , Sep 39, , , , , , Oct 40, , , , , , Nov 38, , , , , , Dec 36, , , , , , , , , , , , , , , Jan 34, , , , , , , Feb 34, , , , , , Mar 38, , , , , , , *Annual average growth rate, / Due to export transhipment or indirect trade between Mexico and Canada through the US, the use of each country s import data from official sources Banxico and Statistics Canada yields the most accurate trade figures. In this particular case, Canada s exports to Mexico are based on the value of goods imported by Mexico from Canada as reported by BANXICO. Mexico - Canada Trade ( ) (millions of US dollars) Canada's Trade Balance 6.2% 11.5% NC 11.9% Mexico-Canada Trade: Monthly trends from January 1993 to (millions of US dollars) 2,400 2,100 1,800 Mexican imports from Canada (MIC) Canadian imports from Mexico (CIM) CIMSA seasonally adjusted MICSA seasonally adjusted 1,500 1, Source: The Ministry of the Economy with data from Statistics Canada and BANXICO The NAFTA Office of Mexico in Canada 2

9 Canada's Top 25 Imports from Mexico by HTS Subheading January - (millions of US dollars) Canada's imports from Mexico Growth rate Canada's total imports Growth rate Mexico's share HTS Descriptions January - March 14/13 January - March 14/13 Total imports 2013 % 2014 % % 2013 % 2014 % % 2013 % 2014 % Motor Vehicles - Spark Ignition - Cylinder Capacity Cc , , Trucks - Spark Ignition - Load Not Exceeding 5 Tonnes , , Process Units O/T /.49, W/N Cntg In Same Hsng: Storage/Input/Output Units Ignition Wiring Sets And Other Wiring Sets Used For Vehicles, Aircraft Or Ships Parts For Seats Machines F R/C/T Or Rege Of Voice,Images Or Data, Incl Switching And Routing App Motor Vehicles - Spark Ignition - Cylinder Capacity More Than 3000 Cc , , O Television Receivers,Colour,W/N Incorp Radio-Broad Rece/Sound/Vid Rec/Repro App Parts Solely For Spark-Ignition Internal Combustion Type Engines Nes Gold In Unwrought Form (Non-Monetary) , , Trucks - Compression Ignition - Load 5-20 Tonnes Tomatoes - Fresh Or Chilled Boards And Panels (Including Numerical Control Panels) - For Voltage Not Exceeding 1,000 V Reciprocating Piston Engines For Road Or Off-Highway Motor Vehicles , Displacing Over 1,000 Cc Motor Vehicles - Spark Ignition - Cylinder Capacity Cc Peppers Of The Genus Capsicum Or Of The Genus Pimenta - Fresh Or Chilled Parts Of Airplanes Or Helicopters Nes Telephones For Cellular Networks Or For Other Wireless Networks Motor Vehicles - Compression Ignition - Cylinder Capacity Cc Parts And Accessories Of Motor Vehicle Bodies Nes , , Safety Airbags With Inflater System, For Motor Vehicles; Parts Thereof Gear Boxes (Transmissions), For Motor Vehicles And Parts Thereof Road Tractors For Semi-Trailers (Truck Tractors) Crude Petroleum Oils And Oils Obtained From Bituminous Minerals , , Light Oils And Preparations , , Sub-total 3, , , , Others 2, , , , Total 6, , , , Source: The Ministry of the Economy with data from Statistics Canada Ranked by Canada's imports from Mexico in 2014 Canada's top From 5 From HTS all Mexico countries chapters imports in Canadian imports from Mexico: from Canada's top 5 HTS chapter imports in 2001 Value in US NAFTA Office of Mexico in Canada 3

10 Trade Total USA 1/ China Mexico 1/ Japan UK Germany , , , , , , , , , , , , , , , , , , ,993.2 Growth rates % 0.3% -3.5% -3.9% -15.5% -26.5% -8.4% % 194.8% % 874.3% 36.9% 254.1% 229.8% *AAGR % 5.3% 14.9% 11.5% 1.5% 6.2% 5.8% Imports , , , , , , , , , , , , , , , , ,307.3 Growth rates % 1.5% 3.0% -3.3% -16.2% -1.5% -3.7% % 178.1% % 880.0% 31.1% 109.3% 420.3% *AAGR % 5.0% 15.9% 11.5% 1.3% 3.6% 8.2% Exports January - March , , , , , , , , , , , , , , , Growth rates % -0.6% -18.3% -5.6% -14.5% -35.6% -25.7% % 208.1% % 859.6% 45.2% 474.2% 19.3% *AAGR % 5.5% 12.7% 11.4% 1.8% 8.7% 0.8% *Annual average growth rate, / Trade values between Mexico, United States and Canada have been calculated using import data from official sources in each country. Source: The Ministry of the Economy with data from Statistics Canada, BANXICO and USDOC Canada's Trade by Country: Top 10 Trading Partners, ( ) (millions of US dollars) USA 63.9% Canada's Main Trading Partners (Total Trade January-: $219.9 billions of US dollars) Others 20.7% China 7.2% Mexico 3.8% Japan 2.4% UK 2.2% Canada's Top Foreign Suppliers (Total Imports January-: $108.3 billions of US dollars) Canada's Main Export Markets (Total Exports January-: $111.7 billions of US dollars) USA 50.2% China 10.8% Mexico 5.5% USA 73.0% China 3.7% UK 2.7% Mexico 2.0% Germany 1.6% Others 16.5% Japan 2.0% Others 24.9% Japan 2.7% The NAFTA Office of Mexico in Canada 4

11 Provinces and Territories January - March Growth rates % 1993 % 2013 % 2014 % *AAGR Total Trade , , Ontario , , Quebec Alberta , British Columbia Manitoba , Saskatchewan New Brunswick Nova Scotia Newfoundland , Prince Edward Island N.C. N.C. N.C. Territories 1/ N.C. N.C. N.C. Imports , , Ontario , , Quebec Alberta , British Columbia Manitoba , Saskatchewan , New Brunswick Nova Scotia Newfoundland ,212.8 N.C Prince Edward Island N.C. N.C. N.C. Territories 1/ N.C. N.C. N.C. Exports , , Ontario Quebec , Alberta , British Columbia Manitoba Saskatchewan New Brunswick N.C. N.C. Nova Scotia , Newfoundland Prince Edward Island N.C. N.C. N.C. Territories 1/ N.C. N.C. N.C. Note: Canada's export values by province are based on data from Statistics Canada. Therefore, this information is not comparable with the other set of data (from BANXICO) used on this report to calculate Canada's total exports to Mexico. 1/ Northwest Territories, Nunavut and Yukon. Source: The Ministry of the Economy with data from Statistics Canada Canada - Mexico Trade by Province, ( ) Mexico-Canada Trade by Province January - (millions of US dollars) Yukon 0.1% Northwest Territories 0.1% Nunavut 0.1% SHARE %: Population Trade Exports to Mexico Imports from Mexico British Columbia 13.3% 4.8% 1.6% 5.4% Newfoundland 1.5% Alberta 11.1% 7.9% 18.2% 6.0% Altogether represent 0.7% of total trade Saskatchewan 3.1% 2.7% 10.5% 1.2% Source: Ministry of the Economy with data from Statistics Canada Manitoba 3.6% 2.9% 5.3% 2.4% Ontario 38.8% 72.5% 40.9 % 78.4% Quebec 23.2% 8.6% 22.1% 6.1% Prince Edward Island 0.4% Nova Scotia 2.7% New Brunswick 2.3% 5 The NAFTA Office of Mexico in Canada