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NAFTA numbers continue to plummet

Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 31.5 percent lower in June 2009 than in June 2008, dropping to $50.8 billion in the sixth consecutive month with a year-to-year decline of greater than 27 percent, according to the Bureau of Transportation Statistics (BTS).

BTS reported that the value of U.S. surface transportation trade with Canada and Mexico rose 6 percent in June 2009 from May 2009. Month-to-month changes can be affected by seasonal variations and other factors.

The value of U.S. surface transportation trade with Canada and Mexico in June was down 8.4 percent compared to June 2004, and up 17.6 percent compared to June 1999. Imports in June were up 11.8 percent compared to June 1999, while exports were up 24.9 percent.

U.S.–Canada surface transportation trade totaled $31 billion in June, down 36.6 percent compared to June 2008. The value of imports carried by truck was 34.8 percent lower in June 2009 compared to June 2008, while the value of exports carried by truck was 28.8 percent lower during this period.

U.S.–Mexico surface transportation trade totaled $19.7 billion in June, down 21.8 percent compared to June 2008. The value of imports carried by truck was 18 percent lower in June 2009 than June 2008 while the value of exports carried by truck was 14.3 percent lower.

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