Surface transportation trade among the United States, Canada and Mexico rose 14.3% last year from 2010, the Department of Transportation said Wednesday.
Trade among the North American Free Trade Agreement partners increased to $904 billion, the highest since NAFTA went into effect in 1994, DOT’s Bureau of Trade Statistics said.
U.S. surface transportation imports increased 13.8% last year, while exports gained 14.8%.
U.S.-Canada trade rose 14% year-over-year to $537 billion. U.S.-Mexico surface transportation trade climbed 14.6% to $367 billion.
Surface transportation consists largely of freight movements by truck, rail and pipeline. Almost 90% of U.S. trade among NAFTA partners moves by land.
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