Mexico is Canada's 3rd most important trading partner and top export destination in Latin America. With a growing consumer class, educated labor force, and proximity to the U.S., Mexico offers many opportunities for Canadian businesses. Canadian investors and exporters can access over 50 markets globally through Mexico's 15 trade agreements. Since NAFTA began in 1994, bilateral trade has increased over tenfold. The current CUSMA (2020) and CPTPP (2018) further strengthen bilateral ties. Canada's main exports to Mexico are vehicles, machinery, agri-food products, and minerals. In 2024, Canada was the third-largest foreign investor in Mexico, with USD 51B, mainly in mining, transport, manufact