NAFTA cargo sets record in 2007

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NaftaEven with the economic slowdown in the United States, cargo shipments between the United States, Canada, and Mexico increased 4.9 percent from 2006 to 2007. Goods valued at $909 billion crossed the U.S. border from it’s two closest neighbors. Trade volumes between the two countries and the U.S. reached nearly 606 million tons in 2007.

Total trade between the U.S. and Canada reached $562 billion in 2007, up from $534 billion in 2006. Trade with Mexico increased to $347 billion, up from $332 billion.

Obviously, road transport made up the bulk of the freight in terms of value making up $555 billion of the total $909 billion. Product moving by rail came in second at $138 billion. Items moving via water transport came in a distant third at $74 billion.

For a complete overview of the data, visit the official website of the Bureau of Transportation Statistics.

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