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NAFTA Freight Flow Values See Monthly Increase, Annual Decline

Tuesday, August 30, 2016
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners rose 3.2 percent to $92.7 billion from May to June, according to statistics released Aug. 25 by the Department of Transportation. However, the value of NAFTA freight flows was down 6.4 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 May and June include the following.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

0

+4.6

+0.8

+6.2

-0.7

+2.7

Rail

-0.3

-2.5

+0.1

-1.8

-0.8

-3.3

Vessel

+8.1

+19.0

+10.4

+53.8

+6.3

+10.0

Air

+16.8

+7.7

+20.5

+8.3

+10.3

+6.8

Pipeline

+24.5

0

+24.5

-4.6

+28.6

+12.5

Year-on-Year Changes. The value of total U.S. trade with Canada was down 7.2 percent from June 2015 as all modes of transportation except air carried a lower value of freight than a year earlier. The value of U.S. trade with Mexico fell 5.5 percent as all modes except air 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 stayed in the top spot in U.S.-Mexico trade.

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

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

-5.8

-5.8

-7.4

-5.1

-4.6

-6.7

Rail

-9.4

+5.1

-10.4

+8.9

-8.2

+1.0

Vessel

-30.1

-6.3

-31.9

-32.0

-28.8

+8.7

Air

+16.6

-2.7

+22.5

-2.7

+7.0

-2.7

Pipeline

-21.1

+9.1

-21.1

+20.5

-17.5

-9.6

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