BTS reports surface trade with NAFTA partners is up 13.8 percent in September
November 29, 2011
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 13.8 percent in September 2011 compared to September 2010, hitting $77.7 billion.
BTS officials said September was up 35.7 percent compared to September 2009 and 8.3 percent compared to September 2008
BTS said that the value of U.S. surface transportation trade with Canada and Mexico in August was up 22.8 percent compared to September 2006 and up 83.0 percent compared to September 2001, with imports up 71.3 percent and exports up 99.0 percent during that ten-year period.
Surface transportation, according to the BTS, is comprised mainly of freight movements by truck, trail, and pipeline, mail and Foreign Trade Zones, and nearly 90 percent of U.S. trade by value with Canada and Mexico moves by land. According to the BTS 85.6 percent of U.S. trade by value with Canada and Mexico moved on land in September, with 9.8 percent moving by vessel, and 4.5 percent by air.
The BTS said the value of U.S. surface transportation trade with Canada was up 14.7 percent year-over-year in September at $46.1 billion. Michigan paced all states in surface trade with Canada in September at $6.0 billion for a 9.6 percent annual gain.
The value of U.S. surface transportation trade with Mexico was up 12.5 percent year over year in September at $31.6 billion. Texas led all states in surface trade with Mexico in September at $11.1 billion, up 8.4 percent annually.
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