NAFTA Trade Fell 2.9 Percent in November

NAFTA Trade Fell 2.9 Percent in November

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico in November fell 2.9 percent to $58.9 billion, compared with November a year earlier, the Bureau of Transportation Statistics of the U.S. Department of Transportation reported last week.

The value of freight movements by truck, rail and pipeline among the three countries fell 4 percent in November 2009 from October 2009.

U.S.–Canada surface transportation trade totaled $35 billion in November, down 7.2 percent year-over-year. The value of imports carried by truck was 6.1 percent lower, while the value of exports carried by truck was 1.8 percent lower during the period.

U.S.–Mexico surface transportation trade totaled $23.9 billion in November, up 4.4 percent. The value of imports carried by truck was 11.5 percent higher, while the value of exports carried by truck was 1.7 percent higher.

Contact Thomas L. Gallagher at tgallagher@joc.com.