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NAFTA trade up in July
September 27, 2011
| by: Overdrive Staff
Surface transportation trade between the United States and Canada and Mexico increased 18.1 percent in July compared with a year earlier, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
BTS reported the value of the trade was $72.4 billion. In July, 85.2 percent of U.S. trade by value with North American Free Trade Agreement partners Canada and Mexico moved via land.
U.S.-Canada and U.S.-Mexico surface transportation trade both increased, with U.S.-Canada gaining 17 percent to $42.5 billion, and U.S.-Mexico up 19.7 percent to $29.9 billion.
