NAFTA Surface Trade Jumps 15.9%
Surface trade among the United States, Canada and Mexico jumped 15.9% in July from the same month a year ago, the Department of Transportation said Tuesday.
Trade among the North American Free Trade Agreement partners rose to $71.6 billion, DOT’s Bureau of Trade Statistics said in its monthly report.
Truck imports to the United States rose 4.8% year-over-year to $23 billion, while exports rose 15.3% to $23.8 billion.
Rail imports rose 1% to $7 billion, while exports jumped 42.5% to $4.6 billion, DOT said.
Pipeline imports jumped 79.9% to $8.6 billion, while exports soared 112.8% to $612 million.
Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90% of U.S. trade among NAFTA partners moves by land.
