• Canada–U.S. trade supported 7.1 million U.S. jobs
• Total Canada–U.S. merchandise trade: $535 billion
• 61,750 Mississippi jobs are supported by Canada–U.S. trade
• Canada is Mississippi’s largest foreign export market
• Canadians made more than 44,300 visits to Mississippi, spending $16 million
• Mississippi residents made 19,900 visits to Canada, spending $22 million

A Close Relationship

In 2007, Canada remained Mississippi’s most important trading partner, up significantly from the previous year. In the well-balanced two-way trade of nearly $1.8 billion, Mississippi imported $901 million in merchandise, and sold goods worth $887 million to Canada. To put it another way, the two entities exchanged nearly $5 million a day, every day of the year!

Equipping the partners

Mississippi and Canada exchanged $336 million in equipment, with Mississippi holding the edge at $203 million to Canada’s $133 million. This important sector increased sales by 17% from the previous year. The state supplied its northern partner with air conditioning and refrigeration equipment, electrical lighting and lamps, and electrical equipment for engines, while importing electrical lighting, cooking equipment, office machines and more.

Machinery was another sector with an almost equivalent volume of imports and exports. Mississippi purchased $107 million worth of machinery from Canada — including metalworking machinery, materials handling equipment, tractors, and other general purpose industrial machinery — and sold their northern neighbor $100 million in power shovels, industrial trucks and tractors, and other general purpose industrial machinery.

It’s personal…

…It must be good chemistry

At $245 million in two-way trade, the chemicals sector was nearly as significant as personal and household goods. Mississippi led the way in 2007 with $145 million in sales of unshaped plastics, pigments, lakes and toners, plastic film and sheet, fertilizers, and other chemical products. Canada sold Mississippi $100 million worth of synthetic rubber and plastics, basic plastic shapes and forms, and other chemical products.

Driving the economy

Transportation flows were mutually beneficial as companies in both Mississippi and Canada worked closely together in 2007, contributing to various stages of vehicle production with many parts crossing the border numerous times. This highly-integrated sector saw the Magnolia State sell Canada $114 million in trucks, automobiles, motor vehicle parts and other transportation equipment, while Canada sold Mississippi $100 million worth of motor vehicle parts (except engines), trucks, aircraft engines and parts, railway trains and rolling stock.

Presley and poker

Canada–Mississippi Success Stories

Tupelo, Mississippi (until now best known as the birthplace of Elvis Presley) will take on new lustre as the home of a new Toyota manufacturing facility — another Southern boon to Canada’s $30 billion automotive supply industry.

Mississippi is one of six states to partner with seven Canadian provinces in forming the Southeastern United States–Canadian Provinces Alliance, a public-private organization formed in 2007 to enhance and further economic development between the two regions.

June2008

Tourism

• 44,300 Mississippi visits by Canadians, $16 million spent
• 19,900 Mississippi visits to Canada, $22 million spent

Jobs

• Mississippi jobs supported by Canada–U.S. trade: 61,750

Merchandise Trade

• Exports to Canada: $887 million
• Imports from Canada: $901 million
• Bilateral trade: $1.8 billion
• Largest export market: Canada

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Merchandise trade and tourism figures are from Statistics Canada, converted at the rate of US$1.00=C$1.0749. Merchandise trade is based on total exports and imports for the year 2007. Job numbers are based on 2005 data from a 2006 study commissioned by the Canadian Embassy. Canada’s export ranking is from the World Institute for Strategic Economic Research (WISER). All figures are in U.S. dollars. Figures may not add up due to rounding.