News
Print PDF

NAFTA Freight Flows Continue to Rise Ahead of Renegotiation

Monday, July 31, 2017
Sandler, Travis & Rosenberg Trade Report

The value of monthly freight flows between the U.S. and its NAFTA partners totaled $98.2 billion in May, up 7.8 percent from April and 9.4 percent from a year earlier, according to Department of Transportation statistics. The year-on-year increase was the seventh consecutive month of such gains and comes as the three countries prepare to launch talks on renegotiating the agreement on Aug. 16.

The value of total U.S. trade with Canada jumped 8.9 percent from April to May to $51.2 billion and was up 11.4 percent from a year earlier. The value of U.S. trade with Mexico saw gains of 6.8 percent from the previous month and 7.2 percent from May 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 May 2016 to May 2017 are as follows.

 

Total

Canada

Mexico

 

Imports

Exports

Imports

Exports

Imports

Exports

Truck

+3.1

+7.2

+3.7

+6.8

+2.7

+7.7

Rail

+11.5

-0.2

+11.7

+6.7

+11.2

-8.1

Vessel

+44.3

+11.5

+17.3

+44.9

+63.7

+2.8

Air

+13.0

+5.5

+10.1

+9.4

+18.0

-1.1

Pipeline

+75.6

+20.3

+10.1

+9.4

-6.4

-3.9

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines