Home Trade and Investment State Trade Fact Sheets 2006 Mississippi

Mississippi

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• Canada–U.S. trade supported 5.2 million U.S. jobs
• Total Canada–U.S. merchandise trade: $461 billion
• Canada–Mississippi trade supported 43,000 U.S. jobs
• Canadians made more than 46,200 visits to Mississippi, spending $14 million
• Mississippi residents made 16,100 visits to Canada, spending $8 million

A top-notch partnership
Canada was Mississippi's principal trading partner in 2005, purchasing 22% of the Magnolia State's foreign-bound exports. Bilateral trade generated $1.5 billion — Mississippi gained $734 million, an increase of 13% from the previous year, while purchasing $751 million in merchandise from its northern NAFTA partner.

Trade keeps on trucking
Bilateral trade in transportation products — Mississippi's principal import and export sectors — exemplifies the integrated Canada–U.S. marketplace. Companies in Mississippi and Canada make cars and trucks together contributing to various stages of motor vehicle production with many parts crossing the border multiple times. Transportation products dominated the exchange in 2005. Mississippi's leading export commodity was trucks ($72 million) followed by automobiles ($58 million). The Magnolia State's leading import was motor vehicle parts (excluding engines), amounting to $92 million and 80% of total transportation imports. The integrated marketplace in transportation goods coupled with "just in time" inventories benefitted consumers and provided jobs on both sides of the border.

Essential goods, essential partnership
Equipment sales generated $213 million in bilateral revenue. Mississippi sold $108 million worth, including $19 million in air conditioning and refrigeration equipment. State imports grew by 38% to reach $105 million, with $33 million in cooking equipment leading the way.

The elements of trade
Chemical sales remained strong in 2005, with two-way trade totaling $209 million. The Magnolia State bought $107 million in chemical products, with synthetic rubber and plastics making up 44% of sales or $47 million. Mississippi also sold chemical products to Canada, for a total of $102 million. The leading Magnolia chemical sale was $49 million in unshaped plastics (includes PVCs, polycarbonates, urea and melamine resins, and silicones among others).

The Hospitality State
Tourism numbers grew in Mississippi in 2005. Canadians made 46,200 visits to the birthplace of Elvis Presley, the World Catfish Festival and Gulf Coast beaches and casinos, spending $14 million. Mississippians made 16,100 visits northward, a whopping increase of 73% from the previous year, generating $8 million in tourism revenue for its northern neighbor

Mississippi's Leading Exports to Canada
2005, in millions of U.S. dollars

• Trucks ($72)
• Automobiles ($58)
• Furniture & fixtures ($55)
• Unshaped plastics ($49)
• Air conditioning & refrigeration equipment ($19)
• Power shovels ($13)
• Electrical lighting & lamps ($11)
• Plastic film & sheet ($10)
• Paper & paperboard ($10)
• Meat ($10)

Mississippi's Leading Imports from Canada
2005, in millions of U.S. dollars

• Motor vehicle parts* ($92)
• Metal fabricated basic products ($49)
• Synthetic rubber & plastics ($47)
• Cooking equipment ($33)
• Basic plastic shapes & forms ($27)
• Steel plate, sheet & strip ($22)
• Electrical lighting equipment ($20)
• Newsprint ($19)
• Medical, ophthalmic & orthopaedic supplies ($18)
• Medicine, in dosage ($18)

*not including engines

Canada-Mississippi Success Stories

In the aftermath of Hurricane Katrina, which devastated the Mississippi Gulf Coast, Canadians — individuals, governments and the military, companies, and NGOs — reached into their hearts and wallets to assist in immediate relief efforts and in longer-term rebuilding and reconstruction. Just one example out of hundreds is Cover-All Building Systems, a firm based in Saskatoon, Saskatchewan, which donated a truckload of fabric and steel to build twelve shelters for displaced families within days of the storm. And post-disaster housing from DuraKit Inc., based in Bradford, Ontario, provided shelter for scores of displaced Mississippi families.

The Mississippi Department of Transportation is set to open a Tunica-to-Hernando leg of Interstate 69 in late 2006. Nicknamed the "NAFTA Corridor," I-69 when completed will span the country from Canada to Mexico, and is expected to play a vital role in just-in-time delivery of goods and the integrated North American supply chain

Mississippi-Canada Facts at a Glance:

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

July 2006

For more information on Canada's trade with Mississippi, please contact:

Consulate General of Canada
1175 Peachtree Street, N.E.
100 Colony Square, Suite 1700
Atlanta, GA 30361-6205
Phone: (404) 532-2000   •   Fax: (404) 532-2050
www.atlanta.gc.ca

Sources: Merchandise trade and tourism figures are from Statistics Canada, converted at the rate of US$1.00=C$1.2116. Merchandise trade data is customs-based for the year 2005. 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 2005 state trade figures
• Read the 2004 state trade figures
• Read the 2003 state trade figures
• Read the 2002 state trade figures