Lower Imports From Canada Mean Lower North American Trade in September
Surface trade among the U.S. and Canada and Mexico was 0.1 percent lower in September 2012 than in September 2011, the Department of Transportation said, citing Bureau of Labor Statistics data. The trade totaled $77.7 billion, according to the Bureau of Transportation Statistics (BTS). It said this is the first year over year decrease since November 2009.
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BTS said surface transportation trade with Canada and Mexico was up 35.6 percent from September 2009, and up 69.6 percent compared to September 2002. Imports in September were up 57.4 percent since September 2002, while exports were up 85.9 percent.
U.S.-Mexico September 2012 trade reached $32 billion, up 1.2 percent from September 2011, while U.S.-Canada trade was $45.7 billion, a 0.9 percent decrease due to a decrease in imports from Canada, it said.