The Journal of Commerce
The value of surface transportation trade between the U.S. and its North American Free Trade Agreement partners Canada and Mexico posted a year-over-year increase of 12.1 percent in April, the Transportation Department reported.
April’s $73.8 billion total was down 8.7 percent from March. Month-to-month changes can be affected by seasonal variations and other factors. The numbers are not adjusted for inflation.
U.S.-Canada surface transportation trade totaled $44.6 billion, an 11.8 percent increase from a year earlier. U.S.-Mexico trade rose 12.4 percent to $29.1 billion.
The value of U.S. surface transportation trade with Canada and Mexico in April jumped 19.5 percent from April 2006, and up 57.6 percent from April 2001. Imports spiked 48.3 percent over the 10-year span while exports increased 70 percent.