North American Trade Growth Continued in 2007. Special Report

摘要

Trade between the United States and its North American Free Trade Agreement (NAFTA) partners--Canada and Mexico--has more than doubled in dollar value since the inception of NAFTA in 1994. In 2007, U.S. trade with Canada and Mexico reached $909 billion--a 5 percent increase over the prior year's total trade value. Since 2001, U.S.-NAFTA trade has grown by an average annual rate of 7 percent. This report examines the rapid growth rates, modal distribution, top gateways, and major commodities of U.S.-NAFTA trade and looks at U.S.-NAFTA trade volume by state.