U.S. Dept of Transportation: Surface Trade with Canada and Mexico Fell 13.1 Percent

March 7, 2009 at 4:40 pm

(Source:  USDOT’s Bureau of Transportation Statistics)

Tuesday, March 3, 2009 – Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico , was 13.1 percent lower in December 2008 than in December 2007, dropping to $52.9 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation (Table 1).  December was the second straight month with a year-to-year decline of greater than 13 percent.

The value of U.S. surface transportation trade with Canada and Mexico fell 12.8 percent in December from November (Table 2).  Month-to-month changes can be affected by seasonal variations and other factors. 

Surface transportation consists largely of freight movements by truck, rail and pipeline.  About 88 percent of U.S. trade by value with Canada and Mexico moves on land.

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Seen below is the PDF version of the report.

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