Year-over-year NAFTA surface trade rose 37.6% in June

user-gravatar Headshot

Nafta

Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 37.6 percent higher in June than in June 2009, reaching $69.9 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.

BTS, a part of the Research and Innovative Technology Administration, reported that the value of U.S. surface transportation trade with Canada and Mexico in June remained 5.8 percent below the June 2008 level despite the 2009-2010 increase. North American surface freight value rose 4.6 percent in June from May; month-to-month changes can be affected by seasonal variations and other factors.

The value of U.S. surface transportation trade with Canada and Mexico in June was up 17.5 percent compared to June 2005, and up 38.0 percent compared to June 2000. Imports in June were up 33.7 percent compared to June 2000, while exports were up 43.4 percent.

U.S.-Canada surface transportation trade totaled $42.0 billion in June, up 35.5 percent compared to June 2009. The value of imports carried by truck was 35.8 percent higher in June than June 2009, while the value of exports carried by truck was 34.2 percent higher. Michigan led all states in surface trade with Canada in June with $5.9 billion.

U.S.-Mexico surface transportation trade totaled $27.8 billion in June, up 41.0 percent compared to June 2009. The value of imports carried by truck was 37.9 percent higher in June than June 2009, while the value of exports carried by truck was 34.5 percent higher. Texas led all states in surface trade with Mexico in June with $9.9 billion, the largest monthly amount of trade between Texas and Mexico on record.

The TransBorder Freight Data are a unique subset of official U.S. foreign trade statistics released by the U.S. Census Bureau. New data are tabulated monthly, and historical data are not adjusted for inflation. Surface transportation consists largely of freight movements by truck, rail and pipeline. In June, 86.6 percent of U.S. trade by value with Canada and Mexico moved on land.