NAFTA surface trade increases in August
Trade using surface transportation between the United States and Canada and Mexico in August increased 25.3 percent over August 2009 to $68 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
The value of U.S. surface transportation trade with North American Free Trade Agreement partners Canada and Mexico in August remained 5.9 percent below the August 2008 level.
BTS reported the value of U.S. surface transportation trade with Canada and Mexico rose 10.9 percent in August from July. Month-to-month changes can be affected by seasonal variations and other factors.
U.S.-Canada surface transportation trade totaled $39.9 billion in August, up 21.1 percent from August 2009. U.S.-Mexico surface transportation trade hit $28.1 billion in August, 31.7 percent higher than August 2009.
In August, 86.3 percent of U.S. trade by value with Canada and Mexico moved on land.
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