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North American surface trade drops 15.5% in October

WASHINGTON, D.C. -- Surface trade between Canada, the US and Mexico was 15.5% lower in October 2009 than in Oc...


WASHINGTON, D.C. — Surface trade between Canada, the US and Mexico was 15.5% lower in October 2009 than in October 2008, dropping to $61.4 billion, according to the Bureau of Transportation Statistics (BTS) of the US Department of Transportation.

 

BTS reported that the value of US surface transportation trade with Canada and Mexico rose 7.2% in October 2009 from September 2009.

 

The value of US surface transportation trade with Canada and Mexico in October was up 7.9% compared to October 2004, and up 34.7% compared to October 1999. Imports in October were up 31.9% compared to October 1999, while exports were up 38.1%. 

 

US-Canada surface transportation trade totalled $36.3 billion in October, down 19.0% compared to October 2008. The value of imports carried by truck was 15.8% lower in October 2009 compared to October 2008, while the value of exports carried by truck was 9.5% lower during this period.

 

Michigan led all states in surface trade with Canada in October with $4.8 billion.


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