Home Trade and Investment State Trade Fact Sheets 2005 Mississippi

Mississippi

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• 43,000 Mississippi jobs are supported by Canada-U.S. trade
• Total Canada–U.S. merchandise trade: $411 billion
• Canada–U.S. trade supported 5.2 million U.S. jobs
• Last year, Canada–Mississippi trade in transportation goods doubled from 2003
• A healthy relationship — Canada supplied the Magnolia State with $37 million in health care products

A step ahead…
Canada–Mississippi trade generated$1.4 billion in 2004, an increaseof 17% from the previous year. Thestate sales of $651 million in goodsto Canada accounted for 23% of itstotal foreign exports in 2004, makingCanada Mississippi’s largest tradingpartner. The state sold more to Canadathan it did to Mexico and all of SouthAmerica combined. In return, Canadasupplied Mississippi with goods worth$710 million.

Building blocks of trade…
Canada and Mississippi exchanged$209 million worth of chemicals.Plastics dominated trade, with salesto Canada that included $44 millionin unshaped plastics and $9 millionin plastic film and sheet. In return,Canada met the Magnolia State’s risingneed for chemicals with $55 million insynthetic rubber and plastics.

Cooking up a storm…
The Magnolia State looked to its northern neighbor for cookingequipment, purchasing $17 million worth in 2004. In addition, thestate purchased $7 million in Canadian heating and refrigerationequipment. Mississippi equipment sales to Canada were equallypractical and included $18 million in air conditioning and refrigerationequipment, and $11 million in electrical lighting and lamps.

Home sweet home…
Mississippi supplied Canadians with $89 million in household goods.$51 million in furniture and fixtures, and $5 million in house furnishingsheaded north in exchange for $33 million in Canadian householdgoods. Magnolia State homes were kept secure with purchases of $5million in Canadian firearms and ammunition last year.

Southern comfort…
For a little rest and relaxation, Canadians made 41,700 visits to theMagnolia State, generating $12 million in tourism revenue. In turn,Mississippians spent $7 million making 9,300 visits to their northernneighbors in 2004.

Mississippi's Leading Exports to Canada
2004, in millions of U.S. dollars

• Furniture & fixtures ($51)
• Automobiles ($51)
• Unshaped plastics ($44)
• Trucks ($30)
• Cotton ($21)
• Air conditioning & refrigeration equipment ($18)
• Computers ($11)
• Power shovels ($11)
• Pigments, lakes & toners ($11)
• Electrical lighting & lamps ($11)

Mississippi's Leading Imports from Canada
2004, in millions of U.S. dollars

• Motor vehicle parts, not including engines ($86)
• Synthetic rubber & plastics ($55)
• Basic metal products ($34)
• Basic plastic shapes & forms ($24)
• Medicine, in dosage ($23)
• Newsprint ($19)
• Wood pulp ($19)
• Cooking equipment ($17)
• Electrical lighting equipment ($16)
• Medical, ophthalmic & orthopaedic supplies ($14)

Canada-Mississippi Success Stories

Myriad World Resorts, based in Edmonton, Alberta, has been approved to build a $523 million development in Tunica, to include a large casino, an indoor golf course, a convention center, and a water park.

Mississippi-Canada Facts at a Glance:

• State jobs supported by Canada–U.S. trade: 43,000

August 2005

For more information on Canada's trade with Mississippi, please contact:
Consulate General of Canada
1175 Peachtree Street, NE
100 Colony Square, Suite 1700
Atlanta, GA 30361-6205
Phone:(404) 532-2000   •   Fax: (404) 532-2000
www.atlanta.gc.ca

Sources: Merchandise trade and tourism figures are from Statistics Canada, converted at the rate of US$1.00=C$1.3015. Job numbers are based on 2001 data from a 2003 study by Trade Partnership Worldwide 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.

• Read the 2004 state trade figures
• Read the 2003 state trade figures
• Read the 2002 state trade figures