The value of trade moving by surface transportation between the U.S. and Canada and Mexico totaled $61.3 billion in July, an 18 percent increase from a year earlier, but the business declined from June to July, the U.S. Department of Transportation reported Thursday.
The value of surface transportation shipments between the U.S. and its NAFTA partners fell 12.3 percent in July from the previous month. The DOT’s Bureau of Trade Stastistics noted that month-to-month changes can be affected by seasonal variations and other factors.
By The Numbers: U.S. Surface Trade With Canada.
U.S.-Canada trade totaled $36.3 billion in July, up 17.1 percent from a year earlier. U.S. surface trade with Mexico totaled $24.9 billion, up 21.5 percent from July 2009.
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