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NAFTA Freight Flows See Slower Growth

Monday, August 28, 2017
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners totaled $99.8 billion in June, up 1.6 percent from May and 7.7 percent from a year earlier, according to Department of Transportation statistics. The year-on-year increase was the eighth consecutive month of such gains.

The value of total U.S. trade with Canada slipped 0.2 percent from May to June to $51.1 billion but was up 6.0 percent from a year earlier. U.S. trade with Mexico was valued at $48.7 billion in June and saw gains of 3.6 percent from the previous month and 9.4 percent from June 2016.

Vehicles and parts retained their position as the top commodity category for all modes transported between the U.S. and Canada and between the U.S. and Mexico.

Percentage changes in the value of monthly U.S. freight flows with Canada and Mexico by mode of transportation from June 2016 to June 2017 are as follows.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+6.6

+6.4

+2.1

+2.5

+4.1

+9.2

Rail

+10.6

+8.5

+8.3

+7.6

+13.4

+9.5

Vessel

+26.4

+3.1

+4.6

-33.5

+42.7

+16.4

Air

+2.5

+1.4

-8.2

+1.4

+22.1

+1.4

Pipeline

+28.8

+18.2

+29.1

+37.0

-19.1

-22.9

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