North American Ag Trade Has Skyrocketed Since 1994
Over the last quarter-century, the United States has become one of the largest agricultural importers in the world.
NAFTA
Export Success Story Hides in Original NAFTA Agreement
The elimination of agricultural trade barriers as a result of the 1994 North American Free Trade Agreement (NAFTA) nearly quadrupled exports (by value) to Canada and Mexico
North American Trade Continues Growth Under New USMCA
According to the Economic Research Service, the total value of intraregional agricultural trade among all three NAFTA countries reached more than $95 billion last year, compared with $16.6 billion in 1993 – one year before NAFTA’s implementation.