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9/27/2012 11:15:00 AM Write a Letter to the Editor Write a letter to the Editor

NAFTA Surface Trade Rose 4.6% in July


Tom Biery/Trans Pixs

Surface trade among the United States, Canada and Mexico was 4.6% higher in July than the same month a year ago, the Department of Transportation said Thursday.

Trade among the North American Free Trade Agreement partners rose to $75.7 billion, DOT’s Bureau of Trade Statistics said in its monthly report.

Month-to-month trade, which is affected by seasonal factors, fell 8.4% from June, BTS said.

The 4.6% year-over-year gain is the smallest upturn since increases resumed in December 2009 and reflected lower energy costs.

U.S.-Canada trade rose 1% to $42.9 billion, while U.S.-Mexico trade rose 9.7% to $32.7 billion.

Truck imports to the United States from the two countries rose 5.9% year-over-year to $25.1 billion. Exports rose 5.5% to $27.3 billion.

Rail imports rose 7% to $8.2 billion and exports gained 9.6% to $4.8 billion. Pipeline imports fell 14.2% to $5.4 billion, while exports fell 5.7% to $750 million.

Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90% of U.S. trade among NAFTA partners moves by land.

By Transport Topics

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