NAFTA trade rises in January

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico, was 7.4 percent higher in January 2008 than in January 2007, reaching $65.2 billion, according to the Bureau of Transportation Statistics (BTS) of the Department of Transportation.

The value of US surface transportation trade with Canada and Mexico rose 7.0 percent in January from December. Month-to-month changes can be affected by seasonal variations and other factors.

Surface transportation consists largely of freight movements by truck, rail and pipeline. About 90 percent of US trade by value with Canada and Mexico moves on land.

The value of US surface transportation trade with Canada and Mexico in January was up 48.9 percent compared to January 2003, and up 89.2 percent compared to January 1998, a period of 10 years. Imports in January were up 99.7 percent compared to January 1998, while exports were up 77.2 percent.

US-Canada trade

United States–Canada surface transportation trade totaled $42.0 billion in January, up 8.6 percent compared to January 2007. The value of imports carried by truck was 1.7 percent lower in January 2008 than January 2007, while the value of exports carried by truck was 11.0 percent higher. Michigan led all states in surface trade with Canada in January with $5.3 billion.

US-Mexico trade

United States–Mexico surface transportation trade totaled $23.1 billion in January, up 5.4 percent compared to January 2007. The value of imports carried by truck was 3.7 percent higher in January 2008 than January 2007 while the value of exports carried by truck was 2.9 percent higher. Texas led all states in surface trade with Mexico in January with $7.5 billion.

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