from Latin America's Moment and Latin America Studies Program

North America by the Numbers

Oil Pipelines

October 21, 2014

Oil Pipelines
Blog Post

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How much do Canada and Mexico matter for the United States? Here are a few snapshots illustrating the importance of our combined global heft and influence.

  • North American countries are joined by 7,500 miles of land borders, among the longest in the world.
  • Though comprising less than 7 percent of the world’s population, Canada, Mexico and the United States produce nearly a quarter of the world’s GDP—some 20 trillion dollars.

Energy

  • North America is the world’s largest biofuel producer, accounting for nearly half of global ethanol and biodiesel production.
  • The United States, Canada, and Mexico produce nearly 20 percent of the world’s oil and 27 percent of the world’s natural gas.
  • Forty-eight natural gas pipelines connect United States, Canada, and Mexico.
  • In 2012, the region invested more than $250 billion in exploration and production of oil and gas, and experts predict that number could grow to half a trillion dollars annually by 2016.
  • In 2013, Mexico sent 85 percent of its crude oil experts north—making Mexico the United States’ third-largest oil supplier, behind only Canada and Saudi Arabia.

Economic Competitiveness

  • Over the last 20 years, North American regional trade grew from $300 billion to $1.1 trillion.
  • Nearly half of all North America’s total exports traded between the three neighbors. Mexico and Canada, in fact, sell more than 75 percent of their exports within North America.
  • The value of U.S. exports to Mexico and Canada is twice the value of exports to the European Union, and five times the value of its exports to China.
  • Since NAFTA’s start, regional trade in services rose by nearly 200 percent—to well over $100 billion a year.

The People of North America

  • Some thirty-four million Mexicans and Mexican-Americans, and more than three million Canadians and Canadian-Americans live in the United States.
  • Mexicans and Canadians are the largest groups of tourists entering the United States: a combined 34 million visitors each year contribute an estimated $35 billion to the U.S. economy.
  • In recent years, net migration of Mexicans to the United States has dropped to zero.

If you would like to learn more, read CFR’s new Independent Task Force: North America: Time for a New Focus.

More on:

Trade

United States

Mexico

Energy and Environment

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