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NAFTA Freight Flows Up 5% in September

Tuesday, December 10, 2013
Sandler, Travis & Rosenberg Trade Report

Monthly freight flows between the U.S. and its NAFTA partners increased again September, to $94.4 billion, according to statistics released Dec. 9 by the Department of Transportation. These statistics show that the value of total U.S. trade with Canada and Mexico by all modes of transportation :

- climbed 5% from September 2012, including increases of 5.4% for truck (which carried 59.4% of U.S.-NAFTA trade), 8.1% for rail and 14.2% for pipeline (despite a 37.0% drop in exports) as well as decreases of 4.3% for vessel and 0.1% for air (where a 2.1% increase in exports was offset by a 2.9% drop in imports); and

- was up 53.0% compared to September 2004, including 42.6% for truck, 59.3% for rail, 111.9% for pipeline, 31.1% for air and 107.5% for vessel.

Canada. U.S.-Canada trade totaled $53.1 billion in September, down from $53.4 billion in August but up 5.7% from the previous year. The value of freight carried increased year-on-year for truck (3.2%), rail (3.0%, including an 8.6% increase in exports), pipeline (15.2%, despite a 49.3% drop in exports), vessel (33.0%, including a 23.7% rise in imports and a 54.9% jump in exports) and 8.4% in air (including a 13.0% increase in imports).

Mexico. U.S.-Mexico trade fell to $41.3 billion in September from $43.2 billion in August but was up 4.1% from a year earlier. Compared to September 2012 the value of freight increased for truck (7.7%) and rail (16.4%, including a 24.6% gain for imports) but declined for pipeline (5.0%, despite a 59.2% jump in imports), vessel (18.2%) and air (12.8%).

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