BTS says surface trade with NAFTA partners is up 6.6 percent in June

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 6.6 percent in June 2012 compared to June 2011 at $82.6 billion.

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The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 6.6 percent in June 2012 compared to June 2011 at $82.6 billion.

BTS said that the value of U.S. surface transportation trade with Canada and Mexico in June was up 11.4 percent compared to June 2008 and up 62.9 percent from June 2009. And it was up 79.0 percent compared to June 2002. June imports were up 69.7 percent and exports were up 90.8 percent during the same 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 86.5 percent of U.S. trade by value with Canada and Mexico moved on land in April, with 9.8 percent moving by vessel, and 3.7 percent by air.

The BTS said the value of U.S. surface transportation trade with Canada and Mexico in June was down 1.4 percent from May.

And the annual value in June was up year-over-year.

U.S.-Canada surface transportation trade at $48.4 billion was up 5.0 percent annually. Michigan paced all states in surface trade with Canada in June at $6.5 billion for a 4.5 percent annual gain.

The value of U.S. surface transportation trade with Mexico was up 8.8 percent year over year in June at $34.2 billion. Texas led all states in surface trade with Mexico in June at $12.4 billion, up 11.0 percent annually.

The BTS recently reported that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 14.3 percent in 2011 compared to 2010, increasing to $904 billion.


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Article Topics

BTS · NAFTA · All Topics
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