Trade using surface transportation between the United States andits North American Free Trade Agreement (NAFTA) partners Canada andMexico was 3.1 percent higher in December 2007 than in December2006, reaching $60.9 billion, according to the Bureau ofTransportation Statistics (BTS) of the US Department ofTransportation.
The value of US surface transportation trade with Canada andMexico fell 13.4 percent in December from November. Month-to-monthchanges can be affected by seasonal variations and otherfactors.
Surface transportation consists largely of freight movements bytruck, rail, and pipeline. About 90 percent of US trade by valuewith Canada and Mexico moves on land.
The value of US surface transportation trade with Canada andMexico in December was up 49.3 percent compared to December 2002,and up 73.5 percent compared to December 1997, a period of 10years. Imports in December were up 82.0 percent compared toDecember 1997, while exports were up 63.6 percent.
US-Canada trade
United States?Canada surface transportation trade $39totaled.6 billion in December, up 3.7 percent compared to December2006. The value of imports carried by truck was 6.7 percent lowerin December 2007 than December 2006, while the value of exportscarried by truck was 5.0 percent higher. Michigan led all states insurface trade with Canada in December with $5.7 billion.
US-Mexico trade
United States?Mexico surface transportation trade $21totaled.3 billion in December, up 2.1 percent compared to December2006. The value of imports carried by truck was 6.9 percent higherin December 2007 than December 2006 while the value of exportscarried by truck was 3.3 percent lower. Texas led all states insurface trade with Mexico in December with $6.5 billion.Prism Insight
