NAFTA Surface Trade Rises 8.2% in May

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Surface trade among the United States, Canada and Mexico rose 8.3% in May from a year ago, the Department of Transportation said Tuesday.

Trade among the North American Free Trade Agreement partners rose to $83.8 billion, DOT’s Bureau of Trade Statistics said in its monthly report.

Month-to-month trade, which is affected by seasonal factors, rose 5% from April. The previous month, March, had been a record, with the trade level topping $85 billion for the first time.

U.S.-Canada trade rose 4% to $48.1 billion, while U.S.-Mexico trade jumped 14.9% to $35.6 billion.

Truck imports to the United States from the two countries rose 12.3% year-over-year to $29.4 billion. Exports rose 11.6% to $30.5 billion.

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