NAFTA Surface Trade Rises 37.6% in June

Surface transportation trade among the United States, Canada and Mexico rose 37.6% in June from a year earlier, the Department of Transportation said Tuesday.

Trade among the U.S. and North American Free Trade Agreement partners increased to $69.9 billion, DOT’s Bureau of Trade Statistics said in its monthly report.

The value of freight trade rose 4.6% from May, but was 5.8% below the level two years ago, in June 2008.

U.S.-Canada trade rose 35.5% to $42 billion in June year-over-year. The value of truck imports to the U.S. was 35.8% higher, while truck exports rose 34.2%.

U.S.-Mexico trade jumped 41% to $27.8 billion, with the value of truck imports 37.9% higher than a year ago. U.S. truck exports rose 34.5%.

Surface transportation consists largely of freight movements by truck, rail and pipeline. Almost 90% of U.S. trade among NAFTA partners moves by land.