The North American Free Trade Agreement (NAFTA) was signed on December 17, 1992 between the U.S., Canada, and Mexico with the goal of liberalizing trade in goods and services between each member states through the elimination tariffs and non-tariffs. In 2020, North America experienced the largest cargo traffic at airports, with about 20.5 million tons handled, followed by the Asia-Pacific region. In 2020, the overall export value of U.S.-NAFTA air freight flows stood at around 26.1 billion U.S. dollars, while import values amounted to 20.3 billion U.S. dollars. I
U.S.-Canada air trade flow
The main commodities transported by air between the U.S. and Canada were pearls, stones, metals and imitation jewelry, electrical machinery equipment and parts, and computer-related machinery and parts. They accounted for a combined 55 percent of the value of commodities traded between both nations in 2020. In that same year, the total commodities imported into the U.S from Canada amounted to over 13.8 billion U.S. dollars.
U.S.-Mexico air trade flow
Between the U.S. and Mexico, the leading commodities transported by air between both nations were electrical machinery equipment and parts, pearl, stones, metals and imitation jewelry as well as computer-related machinery and parts, . These commodities accounted for a combined total of 65 percent of the air trade value between the U.S. and Mexico in that year. The total value of commodities exported to Mexico from the U.S. in 2020 stood at approximately 7.8 billion U.S. dollars.
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In the following 4 chapters, you will quickly find the 25 most important statistics relating to "U.S. air trade with NAFTA members".