There are currently several free trade agreements that serve North, South and Central America. Below is a brief excerpt about the countries particpating in each agreement, as well as the products in high demand for those countries. More information about each agreement can be found by clicking the link following the excerpt.
North American Free Trade Agreement (NAFTA)
Countries: Canada, Mexico, US
Population: 137,467,468
Imports: $930 B exported annually between the three
partners (2007)
Leading Trade Sectors: Export manufacturing sector, electronic components, after-market auto parts, low income and pre-fabricated housing, franchising, building and construction materials, plastics/resins, oil and gas field equipment and services, medical devices, water resources equipment and services, internet and e-commerce, intermodal transportation equipment, pollution control equipment, security and safety equipment and services, electrical power systems, food processing and packaging, education and training, building products, computer software, Aircraft and parts, computer hardware and peripherals, drugs and pharmaceuticals, oil and gas field machinery, agricultural, and sporting goods and recreational equipment
For more information, click here
Andean Free Trade Agreement (in negotiation)
Countries: Colombia, Ecuador, Peru, US
Population: 83,067,822
Imports: $27.524 B worldwide (2003)
Leading Trade Sectors: Mining, agriculture, forestry, textiles, computer software, pollution control equipment, automotive parts and accessories, construction equipment and building supplies, and medical equipment
For more information, click here
Chile Free Trade Agreement
Countries: Chile, US
Population:16,454,143 (2008)
Imports: $43.99 B (2007)
Leading Trade Sectors: Agriculture, construction, mining equipment and supplies, environmental technologies and services, plastic production machinery and resins, electric power equipment, telecommunications equipment and services, construction equipment, computers and peripherals, franchising, food processing and packaging equipment, air conditioning and refrigeration, safety and security equipment, medical equipment, and travel and tourism services
For more information, click here
Panama Free Trade Agreement (in negotiation)
Countries: Panama, US
Population: 3,309,679 (2008)
Imports: $12.63 B (2007)
Leading Trade Sectors: Financial services, travel and tourism, electrical and power systems, water and waste-water equipment, hotel and restaurant equipment, air-conditioning and refrigeration equipment, building products, food processing and packaging, security and safety equipment, computers and peripherals, and telecommunication equipment and services
For more information, click here
Central America and Dominican Republic Free Trade Agreement (CAFTA-DR)
Countries: Dominican Republic, Costa Rica, El Salvador,
Guatemala, Honduras, Nicaragua, US
Population:47,196,829 (2008)
Imports: $19.6 B (2006)
Leading Trade Sectors: information technology products, agricultural and construction equipment, paper products, chemicals, and medical and scientific equipment
For more information, click here
Information concerning populations for each of the countries was obtained from the CIA World Factbook. Information regarding the imports of each country was taken from the FTA fact sheet for each country respectively. If not listed in the fact sheet, the information was obtained from the CIA World Factbook. Import amounts are from the United States unless otherwise noted. For more information contact your local trade specialist.