Strengthening Trade Relationships with Canada and Mexico

As the North American marketplace is expanding, manufacturers are working on getting the most from their trade relationships. For clear financial reasons, the U.S. relies on neighbors, Canada and Mexico for exporting goods, importing source materials and locating manufacturing facilities.

Just a few of the many benefits of trading with Canada and Mexico since the North American Free Trade Agreement (NAFTA) has resulted in lower tariff costs and trade growth. For manufacturers trading globally, it’s important to ask which markets are right for your products? Fortunately, the Deutsche Post DHL Group has creating an infographic to show which products manufacturers should exporting and to which countries.

Also, keep in mind that the U.S. manufacturing exports of computer and electronic products, furniture, paper and fabricated metals have tripled since the free trade agreement. Of course, when it comes to trading with our neighbors, it will be much less expensive then trading with Asia.

For a smoother flow of product from suppliers to customers, consider this informative infographic and taking part in the MEP Supply Chain Management program for a smarter approach to supply chain management.