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NAFTA Freight Flows See Big Drop in July

Friday, October 06, 2017
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners totaled $89.2 billion in July, down 10.0 percent from June but up 6.5 percent from a year earlier, according to Department of Transportation statistics. The year-on-year increase was the ninth consecutive month of such gains.

The value of total U.S. trade with Canada fell 12.3 percent from June to $44.8 billion but was up 5.6 percent from a year earlier. U.S. trade with Mexico was valued at $44.4 billion in July, down 8.8 percent from June but up 7.4 percent from July 2016.

Vehicles and parts retained their position as the top commodity category transported between the U.S. and Mexico across all modes of transportation but fell to second place, behind mineral fuels, for shipments between the U.S. and Canada.

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 July 2016 to July 2017 are as follows.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+3.7

+4.4

+1.7

+3.1

+5.1

+5.8

Rail

+3.1

+6.9

+0.4

+12.4

+6.0

+1.0

Vessel

+15.9

+33.4

+24.6

+38.9

+11.0

+31.7

Air

-1.3

+5.1

-2.4

-0.5

+0.5

+14.5

Pipeline

+33.9

-4.7

+34.2

-0.4

-29.6

-15.4

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