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NAFTA Freight Flow Values Fall Again

Monday, August 01, 2016
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners slipped 0.6 percent to $89.8 billion from April to May, according to statistics released July 28 by the Department of Transportation. The value of NAFTA freight flows was also down 3.1 percent from a year earlier.

Month-to-Month Changes. Percentage changes in the value of monthly U.S. freight flows by mode of transportation from April to May include the following.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

-0.4

-3.1

+4.7

-2.6

-3.7

-3.7

Rail

+1.8

-0.7

-5.0

+2.7

+11.1

-4.3

Vessel

+7.5

+10.1

+6.0

+9.4

+8.7

+10.2

Air

-3.8

-0.5

-0.4

-5.7

-8.9

+10.0

Pipeline

+3.0

+15.8

+3.3

+15.7

-30.0

+16.2

Year-on-Year Changes. The value of total U.S. trade with Canada was down 6.0 percent from May 2015 as all modes of transportation except truck carried a lower value of freight than a year earlier. The value of U.S. trade with Mexico rose 0.1 percent as all modes except truck and rail carried a lower value of freight. Vehicles and parts retained their spot as the top commodity category for all modes transported between the U.S. and Canada, while electrical machinery regained the top spot in U.S.-Mexico trade from computers and parts.

Percentage changes in the value of monthly U.S. freight flows by mode of transportation from May 2015 to May 2016 include the following.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+8.3

-5.5

+11.4

-7.7

+6.2

-2.8

Rail

-6.5

+3.0

-13.4

+4.8

+3.1

+0.9

Vessel

-30.3

-31.0

-29.9

-65.6

-30.6

-6.4

Air

+1.9

-7.6

+2.6

-6.5

+0.6

-9.3

Pipeline

-30.1

+16.2

-29.9

+27.7

-50.8

-5.5

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