Joseph Bonney, Senior Editor | Aug 28, 2012 4:12PM EDT
Trade using surface transportation between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, was 6.6 percent higher in June 2012 than in June 2011, totaling $82.6 billion, the Transportation Department reported.
Adjusted for inflation and exchange rates, the June 2012 total was $61 billion in 2004 dollars, up 11 percent from June 2011.
The value of U.S. surface transportation trade with Canada and Mexico decreased 1.4 percent in June from May. Month-to-month changes can be affected by seasonal variations and other factors.
U.S. trade by surface transportation with Canada totaled $48.4 billion in June, up 5 percent from a year earlier. U.S.-Mexico trade totaled $34.2 billion, up 8.8 percent.
Contact Joseph Bonney at jbonney@joc.com. Follow him on Twitter at @JosephBonney.
