Title | Trade Elements |
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Author | Chris E-Bay |
Course | Introduction to International Business |
Institution | Southern New Hampshire University |
Pages | 2 |
File Size | 79.9 KB |
File Type | |
Total Downloads | 99 |
Total Views | 135 |
Trade Elements...
Trade Elements (World Trade Organization Country Profile): Major Trading Partners
Major Imports/Exports
Regional Trade Agreements and Member Countries
Exporters: United States of America China Japan EU United Kingdom Importers: United States of America EU Japan China Mexico Top exported products (Million US$) - Wheat and meslin 5.378 - Rape or colza seeds: 3.217 - Bread, pastry, other bakers’ wares: 3.089 - Rape, colza, or mustard oil: 2.601 - Swine meat. Fresh, chilled, frozen: 2.593 Top imported products (Million US$) - Wine of fresh grapes: 1.949 - Bread, pastry, other bakers’ wares: 1.634 - Other food preparations: 1.614 - Coffee: 1.196 - Preparations of a kind used in animal feeding: 1.084 CPTPP Canada-Chile Canada-Colombia Canada-Costa Rica Canada-Honduras Canada-Jordan Canada- Korea, Republic of Canada- Panama Canada- Peru Canada- Ukraine EFTA EU USMCA
Business Observation: -
With wheat and meslin being the top exported product, this would be promising for anyone who would like to go in business in those products.
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Having the regional trade agreements and member countries does create more opportunities for trade in the country. This country would best the company because of its diverse member trading countries and the ties it have in those countries. With the United States being the top importer and exporter of the country, this would be exciting with doing trade in the country.
Reference:
WORLD TRADE ORGANIZATION. (n.d.). Retrieved December 04, 2020, from https://www.wto.org/english/thewto_e/countries_e/canada_e.htm Regional Trade Agreements Database. (n.d.). Retrieved December 04, 2020, from http://rtais.wto.org/UI/PublicSearchByMemberResult.aspx?MemberCode=124...