The Journal of Commerce reports the twelfth month of decline in trade for the NAFTA countries. U.S trade with Mexico and Canada dropped to $57.3 billion, 20 percent lower than in 2008.
More than 85 percent of trade between Mexico and Canada is through surface transportation. According to the article, it is believed 2010 will be in improvement as signs show a turnaround in trade and the value of surface trade has a 5 perfect raise.
To read the full article, click here.
