U.S.-NAFTA Trade up 6.6 Percent in June. With Biggest Increase With Mexico
Trade using surface transportation between the U.S. and Canada and Mexico was up 6.6 percent in June 2012 than in June 2011, to $82.6 billion, said the Bureau of Transportation Statistics. Adjusted for inflation and exchange rates, the June 2012…
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total was $61 billion in 2004 dollars, up 11 percent from June 2011, BTS said. Surface transportation includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones, and other modes of transport. But the value of U.S. surface transportation trade with Canada and Mexico decreased 1.4 percent in June from May, possibly due to seasonal variations and other factors. U.S. surface trade with Mexico has increased at a faster pace than with Canada, according to BTS figures. U.S.-Canada trade reached $48.4 billion in June, up 5 percent, and U.S.-Mexico trade was $34.2 billion, up 8.8 percent. The top commodity category transported between the U.S. and Canada by surface modes of transportation in June was vehicles, valued at $9.9 billion.