Trade With Canada, Mexico Down 1% in February
There was $88.4 billion in trade with NAFTA partners in February of 2013, down one percent from February 2012, said the Bureau of Transportation Statistics in a press release. Trucks transported 59.1 percent of that trade, while rail made up 15.3 percent and vessels accounted for 9.7 percent, said BTS. For trade between the U.S. and Canada, trucks carried 54.4 percent of the $48.9 billion in trade, followed by rail at 17 percent, pipelines at 13.3 percent, vessels at 5.3 percent and air at 4.4 percent. Trade with Mexico was worth $39.6 billion, 64.8 percent of which was carried by trucks. Vessels carried 15.2 percent and rail made of 13.2 percent of that trade, said BTS.
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February's NAFTA imports, worth $47.6 billion, fell 2.8 percent from February 2012 and 3.8 percent from January. Imports via truck made up the biggest percentage, accounting for $25 billion, and fell 2.6 percent from January and 4.6 percent for February last year.