(World Trade Interactive)
The Department of Transportation reports that U.S. surface transportation trade in goods with NAFTA partners Canada and Mexico rose 4.6% from May to June. The $69.9 billion total for June represented a 37.6% jump from a year earlier. Surface transportation consists largely of freight movements by truck, rail and pipeline and in June accounted for about 87% of U.S. trade by value with Canada and Mexico.
Surface trade between the U.S. and Canada totaled $42.0 billion in June, up $1.8 billion from May and 35.5% higher than a year earlier. Exports by truck increased 34.2% by value from the previous year while imports by truck rose 35.8%. U.S.-Mexico surface transportation trade totaled $27.8 billion, up $1.2 billion from the previous month and 41.0% from June 2009. Exports by truck rose 34.5% by value from a year before while imports by truck increased 37.9%.
According to the DOT, the value of U.S. surface transportation trade with Canada and Mexico in June was up 17.5% compared to June 2005 and 38.0% from June 2000, including a 43.4% jump for exports and a 33.7% gain for imports.
