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NAFTA partners break seven-month surface trade decline

WASHINGTON, D.C. -- Trade using surface transportation between Canada, the US and Mexico was 24.9% lower in Au...


WASHINGTON, D.C. — Trade using surface transportation between Canada, the US and Mexico was 24.9% lower in August 2009 than in August 2008, coming in at $54.3 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation. But that figure was still good enough to break a seven-month skid in surface trade numbers.

 

BTS, a part of the Research and Innovative Technology Administration, reported that the value of US surface transportation trade with Canada and Mexico rose 5.3% in August 2009 from July 2009. 

 

The value of US surface transportation trade with Canada and Mexico in August was up 1.3% compared to August 2004, and up 26.0% compared to August 1999. Imports in August were up 18.8% compared to August 1999, while exports were up 35.5%.

 

US–Canada surface transportation trade totalled $32.9 billion in August, down 29.6% compared to August 2008. The value of imports carried by truck was 26.1% lower in August 2009 compared to August 2008, while the value of exports carried by truck was 17.0% lower during this period.

 

And after briefly losing top spot to Illinois in July, Michigan once again led all states in surface trade with Canada in August with $3.8 billion.


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