NAFTA trade via truck rises as overall trade freight continues to climb

user-gravatar

bts06_14_1

A total of $96.1 billion in goods was transported between the U.S. and its North American Free Trade Agreement partners Mexico and Canada in November, a 1.3 percent increase from the same month in 2012 and a dip from October’s record-setting $103 billion.

Of November 2013’s total, though, trucks carried 59.9 percent, carrying $30.2 billion of the country’s exports and $27.4 billion imports. Rail carried the next highest amount, 15.8 percent.

Truck was one of three (out of five total) modes of transportation to see a year over year increase, rising 2.5 percent. Rail also rose year over year, 2.2 percent, while pipeline rose 7.4 percent.

The U.S. traded $52.8 billion worth of goods with Canada, and trucks carried 54.9 percent of that total, followed by rail with 17 percent.

Of the $43.3 billion traded between the U.S. and Mexico, trucks moved 66.1 percent, followed by rail at 14.3 percent.

Every month since July has seen a year over year increase in trade between the U.S. and its NAFTA partners. November’s was the smallest so far. Year to date, NAFTA trade is up 2.3 percent, as 1.048 trillion in goods has been moved between the U.S. and Canada and Mexico.