Your Opinion Matters!   Take Our Website Survey

The 2017 NAFTA Medal Count

Market Intel / February 15, 2018

Credit: CC0 1.0 

Every two years the world gathers to watch athletes perform amazing feats. In the spirit of the 2018 Olympic Winter Games and recently released trade data by USDA, we present the medal count of Mexico and Canada as it relates to U.S. agricultural exports. By that we mean, for how many product categories were Mexico and Canada our top export destination (gold), second largest market (silver) and third largest market (bronze) in the 2017 calendar year.

The results are impressive. Mexico led the overall medal count with 32, which was comprised of 9 golds, 17 silvers and 6 bronzes. Canada was right on Mexico’s heels with an impressive 28 medals overall, and several more golds. Canada finished 2017 with 20 golds, 6 silvers and 2 bronzes. It is impressive showings like this that once again lead Canada and Mexico to be our largest and third largest markets, respectively, in 2017. Exports to our NAFTA partners topped $39.1 billion in 2017, nearly $1 billion higher than 2016. Now, here are the individual commodity results.

   Credit: Pyfisch/(CC BY-SA 2.5)   
   Credit: Sarang/(CC BY-SA 2.5)   
   Credit: Sarang/(CC BY-SA 2.5)   

Contact:
Veronica Nigh
Senior Economist
(202) 406-3622
veronican@fb.org
 

Share This Article

Credit: 12019/ CCO 

After months of negotiation, the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Framework (BIF), passed both chambers of Congress and was signed into law by President Biden on Nov. 15. Designed to target investments to a slew of infrastructure shortfalls across the nation, the law provides approximately $1.2 trillion in funds. Today’s article provides a summary of the funding outlays, with a focus on allotments intended to support farm and ranch families and their rural communities.

Full Article
Credit: United Soybean Board 

In recent months, we’ve been sharing stories about crowded West Coast ports. These stories could leave the impression that port traffic is stopped dead. That is, one might think the ports are so crowded that nothing is moving. To the contrary, trade volume through these ports is breaking records. U.S. agricultural exports were projected to be a record $173.5 billion in the fiscal year that ended with September, and on the other side, U.S. imports of manufactured goods were worth $1.24 trillion (with a “t”) in the six months ending with September, 24% above a year ago and 13% above the same period in 2019, our last “normal” year. But the ports are struggling to keep this pace up, and the unevenness of deliveries is causing problems across our economy.

Full Article