NAFTA Surface Trade Rises 8.2% in April
Surface trade among the United States, Canada and Mexico rose 8.2% in April from a year ago, the Department of Transportation said Tuesday.
Trade among the North American Free Trade Agreement partners rose to $79.8 billion, DOT’s Bureau of Trade Statistics said in its monthly report.
Month-to-month trade, which is affected by seasonal factors, fell 7% from March, which had been a record, topping $85 billion for the first time.
U.S.-Canada trade rose 5.6% to $47.2 billion, while U.S.-Mexico trade jumped 12% to $32.6 billion, DOT said.
Truck imports to the United States rose 8.8% year-over-year to $28.9 billion. Exports rose 7.9% to $30.8 billion.
Rail imports rose 7.4% to $9.4 billion, while exports gained 13.9% to $5.3 billion. Pipeline imports increased 9.5% to $6.4 billion and exports fell 21.4% to $890 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.
