NAFTA Surface Trade Rises 12.7%
Surface trade among the United States, Canada and Mexico rose 12.7% in November from a year ago, the Department of Transportation said Tuesday.
Trade among the North American Free Trade Agreement partners rose to $76.7 billion, DOT’s Bureau of Trade Statistics said in its monthly report.
Month-to-month trade, which is affected by seasonal factors, slipped 3% from October, BTS said.
U.S.-Canada trade rose 12.2% to $44.3 billion, while U.S.-Mexico trade improved 13.3% to $32.4 billion.
Truck imports to the United States rose 10.7% year-over-year to $26.3 billion. Exports rose 10.9% to $27.3 billion.
Rail imports rose 12.6% to $8.1 billion, while exports increased 23.6% to $4.8 billion. Pipeline imports increased 26.5% to $5.6 billion and exports jumped 48.2% to $714 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.
