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NAFTA Freight Flows Surge in August

Thursday, October 26, 2017
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners totaled $97.4 billion in August, up 9.2 percent from July and 4.6 percent from a year earlier, according to Department of Transportation statistics.

The value of total U.S. trade with Canada jumped 10.5 percent from July to $49.5 billion and was up 4.7 percent from a year earlier. U.S. trade with Mexico was valued at $47.9 billion in August, up 7.9 percent from July and 4.5 percent from August 2016.

Vehicles and parts retained their position as the top commodity category transported between the U.S. and Mexico across all modes of transportation and regained that spot for Canada as well, surpassing mineral fuels.

Percentage changes in the value of monthly U.S. freight flows with Canada and Mexico, as well as with both NAFTA partners combined, by mode of transportation from August 2016 to August 2017 are as follows.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+2.2

+5.0

0

+6.3

+3.8

+3.5

Rail

+5.1

0

+1.2

+0.9

+10.0

-1.1

Vessel

+3.1

+6.0

-2.6

-9.7

+6.8

+11.8

Air

+5.3

+11.0

+2.8

+10.4

+9.3

+12.0

Pipeline

+22.1

-14.1

+22.3

+8.2

-17.1

-43.8

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