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NAFTA surface trade soars in February (April 30, 2008)

WASHINGTON, D.C. -- Amid speculation about the future of NAFTA, the latest surface trade figures were released toda...


WASHINGTON, D.C. — Amid speculation about the future of NAFTA, the latest surface trade figures were released today, showing a 16.3% jump 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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