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NAFTA Freight Flow Values Fall Again in January

Wednesday, March 30, 2016
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners tumbled 5.0 percent from December to January to $82.4 billion, according to statistics released March 24 by the Department of Transportation. The value of NAFTA freight flows was also down 7.7 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 December to January include the following.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+1.2

-2.0

+2.8

-4.8

+0.1

+1.2

Rail

-6.8

-0.2

-8.5

-2.2

-4.3

+1.6

Vessel

-18.9

-24.5

-5.8

-36.3

-27.5

-18.6

Air

-11.8

-24.5

-11.3

-21.0

-12.5

-29.2

Pipeline

-7.8

+28.0

-7.8

+33.6

-4.5

+17.5

Year-on-Year Changes. The value of total U.S. trade with Canada was down 12.7 percent from January 2015 as all modes carried smaller total values of freight. The value of U.S. trade with Mexico dropped 1.8 percent despite the air, truck and rail modes having carried a higher value of freight than a year earlier. Vehicles and parts retained their spot as the top commodity category for all modes transported between the U.S. and Canada, as did electrical machinery with respect to U.S.-Mexico trade.

Percentage changes in the value of monthly U.S. freight flows by mode of transportation from December 2014 to December 2015 include the following.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+3.6

-6.5

+3.0

-9.3

+4.0

-3.4

Rail

-0.4

-9.1

-11.0

-14.0

+18.4

-4.7

Vessel

-39.9

-34.3

-35.6

-51.5

-43.1

-24.1

Air

-10.9

-14.1

-15.3

-22.7

-2.5

+2.9

Pipeline

-36.5

-13.7

-36.7

-16.3

+59.7

-7.0

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