NAFTA surface trade up in July from 2006
Oct 1, 2007 2:49 PM
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 10.5 percent higher in July 2007 than in July 2006, reaching $61.8 billion, according to the Bureau of Transportation Statistics (BTS).
The value of US surface transportation trade with Canada and Mexico fell 11.1 percent in July from June.
Surface transportation consists largely of freight movements by truck, rail, and pipeline. About 90 percent of US trade by value with Canada and Mexico moves on land.
The value of U.S. surface transportation trade with Canada and Mexico in July was up 49.3 percent compared to July 2002, and up 91.7 percent compared to July 1997, a period of 10 years (Table 3). Imports in July were up 104.0 percent compared to July 1997, while exports were up 77.6 percent.
United States-Canada trade
United States–Canada surface transportation trade totaled $39.1 billion in July, up 11.0 percent compared to July 2006. The value of imports carried by truck was 5.2 percent higher in July 2007 than July 2006, while the value of exports carried by truck was 9.7 percent higher. Michigan led all states in surface trade with Canada in July with $4.5 billion.
United States-Mexico trade
United States-Mexico surface transportation trade totaled $22.7 billion in July, up 9.6 percent compared to July 2006. The value of imports carried by truck was 7.4 percent higher in July 2007 than July 2006 while the value of exports carried by truck was 6.1 percent higher. Texas led all states in surface trade with Mexico in July with $6.9 billion.
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