NAFTA numbers still falling
by Wally Northway
Published: December 2,2009
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 20.2 percent lower in Sept. 2009 than in Sept. 2008, dropping to $57.3 billion, according to the Bureau of Transportation Statistics (BTS).
BTS reported that the value of U.S. surface transportation trade with Canada and Mexico rose 5.6 percent in Aug. 2009 from Sept. 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 September was up 4.3 percent compared to Sept. 2004, and up 32.1 percent compared to Sept. 1999. Imports in September were up 27.2 percent compared to Sept. 1999, while exports were up 38.4 percent.
U.S.–Canada surface transportation trade totaled $34.8 billion in September, down 25.7 percent compared to Sept. 2008. The value of imports carried by truck was 24.5 percent lower in Sept. 2009 compared to Sept. 2008, while the value of exports carried by truck was 15.1 percent lower during this period.
U.S.–Mexico surface transportation trade totaled $22.5 billion in September, down 10 percent compared to Sept. 2008. The value of imports carried by truck was 7 percent lower in Sept. 2009 than Sept. 2008 while the value of exports carried by truck was 9 percent lower.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Fervor grows for Tuscaloosa Marine Shale
- Mississippi Power CEO's departure due to withholding Kemper information from regulators
- Click Boutique revives Hattiesburg downtown retail district
- Hosemann revels in victory over Court's redistricting ruling
- Nullification and interposition
- LNG facility hoping to begin exporting natural gas
- Tenn. company makes unspecified offer to lease hospital
- Airport's food irradiation business could create new jobs
- In wake of bond issue failure, golf course fights to stay playable