Surface Trade With Canada, Mexico Sets Record in March
Trade using surface transportation between the U.S. and Canada and Mexico, was up 6.2% in March 2012 from March 2011, reaching $85.8 billion), according to the Transportation Department's Bureau of Transportation Statistics. March 2012 was the highest month for NATFA trade value since collection of data began in 1994. The previous record was $80.8 billion in March 2011. The March figure was up 9.8% from February 2012.
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In March, 86.2 percent of U.S. trade by value with Canada and Mexico moved via land, 9.8 percent moved by vessel, and 4.0 percent moved by air.
U.S.-Canada trade reached $50.1 billion, up 2.9 percent, and U.S.-Mexico trade reached $35.7 billion, up 11.2 percent. The top commodity category transported between the U.S. and Canada by surface in March was vehicles, valued at $9.6 billion.