NAFTA Trade Value Hit Record High in 2011

The value of surface transportation trade between the United States and its North American Free Trade Agreement partners Canada and Mexico increased by 14.3 percent to a record $904 billion in 2011, the U.S. Department of Transportation said.

The percentage increase was the third largest year-to-year increase since NAFTA went into effect in 1994.

NAFTA imports rose 13.8 percent last year, while exports increased 14.8 percent. U.S. surface trade with Canada increased 14 percent to $537 billion. Surface trade with Mexico rose 14.6 percent to $367.1 billion.

Contact Joseph Bonney at jbonney@joc.com. Follow him on Twitter @josephbonney.

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