Year-over-year NAFTA trade up 19.5% in January

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Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 19.5 percent higher in January 2011 than in January 2010, reaching $67.7 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. Freight value in January rose 1.8 percent from December 2010; month-to-month changes can be affected by seasonal variations and other factors.

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 January 2011 rose 42.7 percent in two years from January 2009, which at $47.5 billion had the lowest amount of trade of any month since January 2004. Trade value in January 2011 was up 4.0 percent from the early recession level of January 2008.

The value of U.S. surface transportation trade with Canada and Mexico in January was up 10.7 percent compared to January 2006, and up 46.2 percent compared to January 2001. Imports in January were up 36.6 percent compared to January 2001, while exports were up 59.6 percent.

U.S.-Canada surface transportation trade totaled $40.3 billion in January, up 17.8 percent compared to January 2010; Michigan led all states in surface trade with Canada in January with $5.0 billion. U.S.-Mexico surface transportation trade totaled $27.5 billion in January, up 22.1 percent compared to January 2010; Texas led all states in surface trade with Mexico in January with $9.6 billion.

The TransBorder Freight Data are a 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 includes freight movements by truck, rail, pipeline, mail, Foreign Trade Zones and other; in January, 85.1 percent of U.S. trade by value with Canada and Mexico moved on land.