NAFTA trade declines 12% in July from June

| September 30, 2010

Trade using surface transportation between the United States and Canada and Mexico in July increased 18.8 percent over July 2009 to $61.3 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

BTS reported the value of U.S. surface transportation trade with Canada and Mexico in July remained 14.5 percent below the July 2008 level despite the 2009-2010 increase. North American surface freight value fell 12.3 percent in July from June. Month-to-month changes can be affected by seasonal variations and other factors.

U.S.–Canada surface transportation trade totaled $36.3 billion in July, up 17.1 percent from July 2009. U.S.–Mexico surface transportation trade in July increased 21.5 percent year over year to $24.9 billion.

Surface transportation consists largely of freight movements by truck, rail and pipeline. In July, 84.6 percent of U.S. trade by value with Canada and Mexico moved on land.

There are no comments

Your email address will not be published. Required fields are marked *