The decline in surface transportation trade among the United States, Canada and Mexico slowed in November from a year ago compared with October figures, the Department of Transportation said Thursday.
Trade among the North American Free Trade Agreement partners fell 2.9% year-to-year, to $58.9 billion. That compared with October’s 15.5% year-to-year decline, DOT said.
Truck imports to the United States rose 2.6% to $20.2 billion from a year earlier, while exports dipped 0.5% to $21.2 billion.
Rail imports fell 9.4% to $6.1 billion, while exports fell 11.9% to $3.5 billion. Pipeline imports plunged 18.5% to $4.2 billion, while exports declined 18.3% to $281 million.
U.S.-Canada trade fell 7.2% to $35 billion, while the value of truck imports to the U.S. fell 6.1% and the value of truck exports slipped 1.8%.
U.S.-Mexico trade fell 4.4% to $23.9 billion. The value of truck imports rose 11.5% and the value of truck exports rose 1.7%.
Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90% of U.S. trade among NAFTA partners moves by land.
