August NAFTA trade fell 24.9% from last year

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Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 24.9 percent lower in August 2009 than in August 2008, dropping to $54.3 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico in August rose 5.3 percent from July.

U.S.-Canada surface transportation trade totaled $32.9 billion in August, down 29.6 percent compared to August 2008. The value of imports carried by truck was 26.1 percent lower in August 2009 compared to August 2008, while the value of exports carried by truck was 17.0 percent lower. Michigan led all states in surface trade with Canada in August with $3.8 billion.

U.S.-Mexico surface transportation trade totaled $21.3 billion in August, down 16.2 percent compared to August 2008. The value of imports carried by truck was 13.5 percent lower in August 2009 compared to August 2008, while the value of exports carried by truck was 14.7 percent lower. Texas led all states in surface trade with Mexico in August with $7.4 billion.