Feb NAFTA trade increases 11.8pc, US-Can up 10pc - US-Mex up 14pc

THE value of North American Free Trade Agreement (NAFTA) trade in February carried by truck, rail and pipeline between the US, Canada and Mexico increased 11.8 per cent year on year to US$66.5 billion.


According to the latest figures provided by the US Department of Transport's statistics bureau, the value of surface transportation cross-border trade was up 38.8 per cent from $47.9 million in February 2009 when it hit the lowest level since February 2004 at $47.9 million.


Trade with Canada increased to $40 billion, a 10.1 per cent increase and Mexico up to $26.6 billion, an increase of 14.5 per cent. During this month trade moved by land with the countries combined was 86.4 per cent of the total, 9.3 per cent by sea and 4.3 per cent by air.
(Source:http://www.schednet.com)