NAFTA trade down 31.5% in June

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Updated Jan 6, 2010

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 31.5 percent lower in June 2009 than in June 2008, dropping to $50.8 billion in the sixth consecutive month with a year-to-year decline of greater than 27 percent, 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 rose 6.0 percent in June 2009 from May 2009.

The value of U.S. surface transportation trade with Canada and Mexico in June was down 8.4 percent compared to June 2004, and up 17.6 percent compared to June 1999. Imports in June were up 11.8 percent compared to June 1999, while exports were up 24.9 percent.

U.S.-Canada surface transportation trade totaled $31.0 billion in June, down 36.6 percent compared to June 2008. The value of imports carried by truck was 34.8 percent lower in June 2009 compared to June 2008, while the value of exports carried by truck was 28.8 percent lower. Michigan led all states in surface trade with Canada in June with $2.9 billion.

U.S.-Mexico surface transportation trade totaled $19.7 billion in June, down 21.8 percent compared to June 2008. The value of imports carried by truck was 18.0 percent lower in June 2009 compared to June 2008, while the value of exports carried by truck was 14.3 percent lower. Texas led all states in surface trade with Mexico in June with $6.8 billion.

The TransBorder Freight Data are a unique subset of official U.S. foreign trade statistics released by the U.S. Census Bureau; new data are tabulated monthly, and historical data are not adjusted for inflation. Surface transportation consists largely of freight movements by truck, rail and pipeline; about 88 percent of U.S. trade by value with Canada and Mexico moves on land.