NAFTA surface trade up in August
OTTAWA, Ont. — Surface trade between Canada, the US and Mexico increased 4.2% in August compared to 2006 levels, reaching US$69.2 billion.
The latest figures, released by the Bureau of Transportation Statistics, also said the August figures were 11.9% higher than this July. The value of surface trade between NAFTA nations is up 48% compared to August, 2002 and 96.2% compared to 10 years ago.
Canada-US surface trade totalled US$43.1 billion in August, up 2% compared to August, 2006. Michigan led the way among US states with US$6.5 billion in surface trade with Canada. The value of imports to Canada transported by truck was 3.8% higher than in August, 2006 while truck shipments into the US were 3.7% lower than the same time last year.
To view a more detailed analysis of the NAFTA surface trade statistics, visit www.bts.gov.
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