North American surface trade continues to improve in June

Wednesday, 29 August 2012 01:13:52 (GMT+3)   |  
       

The Bureau of Transportation Statistics (BTS) said Tuesday that trade using surface transportation between the US and its NAFTA partners Canada and Mexico was 6.6 percent higher in June 2012 than in June 2011, totaling $82.6 billion, unadjusted for inflation. Adjusted for inflation and exchange rates, the June 2012 total was $61.0 billion in 2004 dollars, up 11 percent from June 2011. The value of U.S. surface transportation trade with Canada and Mexico decreased 1.4 percent in June 2012 from May 2012.

US trade by surface transportation with Mexico has increased at a faster pace than trade with Canada. US-Canada and US-Mexico surface transportation trade in June 2012 both increased compared to June 2011 with US-Canada trade reaching $48.4 billion, a 5 percent increase, and US-Mexico trade reaching $34.2 billion, an 8.8 percent increase.


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