That dollar amount reflects a 26.2% increase since 2018 when North American shipments totaled $2.57 trillion.
Year over year, the value of North America’s exported products accelerated by 17.7% compared to $2.75 trillion for 2021.
Exports from North America represent about 13.2% of all products exported worldwide (based on global export total for all countries).
Based on metrics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product from all North American nations grew to an estimated $30.8 trillion as of October 2022 up about 9.5% from $28.1 trillion in 2021.
Compared to 2022 GDP, exports drive almost 10.5% of North America’s total economic output.
Given North America’s population of 502.5 million people at July 2022, the total $2.752 trillion in 2022 North American exports translates to roughly $6,450 in international products sales for every person residing in North America. That dollar metric exceeds an average 5,500 per person one year earlier in 2021.
North American Export Countries Ranked
The listing below shows how the top North American export countries stacked up in international trade during 2022. Also shown is each country’s percentage share of the continent’s overall exports.
- United States: US$2.063 trillion (63.7% of total North American exports)
- Canada: $598.6 billion (18.5%)
- Mexico: $578.3 billion (17.8%)
Canada enjoyed the strongest growth in export revenues via a 32.7% rise from 2018 to 2022.
The value of exports from Mexico increased by 28.2% over the same 5-year period, also eclipsing the 23.8% increase for number one exporter the United States of America.
Partly due to expanding international energy sales, Canada also grew its exports at the fastest pace year over year via its 18.8% advance compared to 2021.
Year over year, export totals for both the United States (up 17.6% from 2021) and Mexico (up 16.9%) also improved at a healthy double-digit rate.
In terms of population as of July 2022, the United States had 333.5 million residents while there were about 130.1 million Mexicans and 38.8 million Canadians.
Top 5 Exports in 2022 for North American Countries
In order of sales revenues, the top 5 exported products from the United States were refined petroleum oils, crude petroleum oil, petroleum gas, cars and electronic integrated circuits including parts.
Mexico’s 5 most valuable exports were cars, computers, automotive parts or accessories, trucks and crude petroleum oil.
Canada’s top 5 exported goods were crude petroleum oils, cars, petroleum gas, refined petroleum oils and gold.
See also United States Top 10 Exports, Canada’s Top 10 Exports and Mexico’s Top 10 Exports
Research Sources:
Central Intelligence Agency, The World Factbook: Field Listing: Exports and World Population. Accessed on October 31, 2023
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on October 31, 2023
International Trade Centre, Trade Map. Accessed on October 31, 2023