NAFTA surface trade soars in February (June 01, 2008)

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WASHINGTON, D. C. – Amid speculation about the future of NAFTA, the latest surface trade figures were released in May, showing a 16.3% jump in Ferbruary compared to the same month last year.

February’s figures were also up 6.5% compared to January.

The final NAFTA surface trade figures totaled US$69.4 billion, according to the US Department of Transportation’s Bureau of Transportation Statistics.

US-Canada surface trade totaled US$45 billion in February, up 18.1% compared to February 07. The value of exports trucked from Canada to the US was up 7.1% while the value of goods moving by truck from the US to Canada increased 10.2% compared to last year.

Most trade occurred between Canada and the state of Michigan – about US$6.5 billion, to be exact.

To view all the figures, visit: www. dot.gov/affairs/bts2008.htm.

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